Dhanbad: Adani Group Chairman Gautam Adani on Tuesday said that Jharkhand — especially Dhanbad — holds immense potential and is set for rapid development in the coming years.
Speaking to the media during the Centenary Foundation Day celebrations of IIT-ISM Dhanbad, Adani said that both Jharkhand and Dhanbad offer tremendous opportunities and that the region is poised for strong growth.
When asked about the group’s specific investment plans for Dhanbad, he simply said that “investments will come soon.”
He added that mining continues to be crucial for India’s development. “People may call mining the old economy, but without it, there is no new economy,” he noted.
Earlier in the day, Adani announced that the group will invest more than $75 billion in energy transition over the next five years, positioning itself as the world’s fastest-growing renewable energy company.
He highlighted that the global shift toward green energy is becoming one of the biggest industries of the era, likely to be worth trillions in the coming decades.
“This transition will drive electricity-based manufacturing, green steel, green fertilizers, the hydrogen ecosystem, and the infrastructure required to power AI and digital economies,” he said.
He also criticised a narrative from the recent COP-30 summit in Brazil that downgraded India’s sustainability ranking, saying it unfairly claimed India lacked a plan to phase out coal.
Meanwhile, Prof. Dheeraj Kumar, Deputy Director of IIT (ISM) Dhanbad, said that Gautam Adani has announced 50 annual paid internships for third-year students and the creation of an Adani 3S Mining Excellence Centre at the institute.
He thanked Adani for inspiring students with the message: “Dream boldly, strive continuously, embrace innovation, and contribute to building a self-reliant India.”
With inputs from IANS