Gwalior. Adani Group company APSEZ announced setting up a 20 lakh tonne capacity cement grinding unit in Guna and a propellant production facility in Shivpuri, Madhya Pradesh. A total investment of Rs 3,500 crore will be made on these two projects. Karan Adani, Managing Director of Adani Ports and Special Economic Zone Limited (APSEZ), made this announcement at the Gwalior Regional Industry Summit here. He said that the unit in Shivpuri is strategically linked with the Aatmanirbhar mission to transform India from a defense importer to a defense exporter.
These two projects will generate over 3,500 direct and indirect jobs. Referring to the investments made by the Adani Group in Madhya Pradesh, he said, “We have already invested Rs 18,250 crore and created 12,000 jobs. Gwalior is fast becoming a hub of tourism and high-quality talent as well as a major transport and business hub. These developments are making Gwalior one of the emerging economic hubs of India, attracting investments in various sectors.”
Appreciating the efforts of Madhya Pradesh Chief Minister Mohan Yadav, he said that under his leadership the state is becoming a great example of economic development. Referring to the Adani Foundation, he said that through it the group has impacted 80,000 families in Madhya Pradesh and touched the lives of three lakh people by taking initiatives in the areas of healthcare, education, sustainable livelihoods and women empowerment.
