Aditya Birla Group's Ambitious Plan for Rajasthan
The Aditya Birla Group, a leading Indian conglomerate, has unveiled plans to invest a staggering Rs 50,000 crore in Rajasthan over the coming years. This significant financial commitment underscores the group's strategic focus on expanding its diverse portfolio across various sectors.
Kumar Mangalam Birla, Chairman of the Aditya Birla Group, emphasized the group's dedication to scaling up investments, particularly in key areas such as cement, renewable energy, telecom, and retail. Notably, the group aims to boost its cement production capacity in Rajasthan by an additional 10 million tonnes, building on its current capacity of 20 million tonnes through Ultra Tech Cement.
In addition to cement, the group plans to invest Rs 6,000 crore in renewable energy projects within the next 1-2 years. This move aligns with India's broader goals of transitioning to sustainable energy sources and reducing its carbon footprint.
The Aditya Birla Group's commitment to Rajasthan extends beyond traditional industries. The group's jewellery business unit is also exploring the establishment of a small manufacturing unit in the state, further diversifying its presence and contributing to local economic development.
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