Karan Adani, Managing Director of Adani Ports & Special Economic Zone Ltd, on Wednesday announced that the Adani Group will invest ₹33,081 crore in Odisha across three major projects, expected to generate more than 9,700 direct and indirect jobs.
Speaking at an event marking the inauguration of industrial projects in the state, Karan Adani said the investments reflect strong confidence in Odisha’s growth trajectory and its emergence as a key industrial hub.
The proposed investments include setting up a data centre in Bhubaneswar, a large thermal power plant, and a cement manufacturing unit near Cuttack.
The data centre project in Bhubaneswar will involve an investment of ₹800 crore and is expected to generate around 200 jobs while strengthening the region’s digital infrastructure. The thermal power plant near Cuttack, the largest of the three projects, will see an investment of ₹30,181 crore and is likely to create approximately 7,000 jobs, enhancing power availability for industries and households.
Additionally, a cement manufacturing unit near Cuttack will be developed with an investment of ₹2,100 crore, generating around 2,500 jobs and supporting infrastructure development in the region.
“Across these three projects, our total commitment to Odisha stands at ₹33,081 crore, creating 9,700 jobs — direct and indirect — which will significantly impact local supply chains and livelihoods,” Karan Adani said.
Highlighting the group’s expanding footprint in the state, he reaffirmed its long-term commitment to Odisha’s development. He noted that the state is rapidly positioning itself as a major industrial and technological centre in India.
“Odisha is no longer a state in transition but one that clearly understands its direction and growth path,” he added, emphasizing that the group sees itself as a long-term partner in the state’s economic journey.
Karan Adani further stated that Odisha’s growth is backed by strong fundamentals, including resource availability, skilled workforce, and ongoing governance reforms, making it a key contributor to India’s industrial future.