Adani Group, has inked four agreements to invest over Rs 12,400 crore ($1.49 billion) in collaboration with the government of the Indian state of Telangana, across multiple sectors.

Adani Group Chairman, Gautam Adani, and Telangana Chief Minister A Revanth Reddy, held a meeting at the World Economic Forum in Davos that paved the way for the huge investments in the state. The meeting saw exchange of four Memorandums of Understanding (MOUs), marking a commitment of Rs 12,400 crores across various sectors.

On January 17, 2024, the Adani Group announced an investment of over Rs 12,400 crore in Telangana. The investment will come from Adani Enterprises, Adani Green Energy, Ambuja Cements, and Adani Defence Systems & Technologies

The Adani Group and Telangana government signed four Memorandums of Understanding (MoUs) at the World Economic Forum 2024. The meeting focused on public and private sector cooperation to promote economic growth in Telangana.