Reliance, Adani and Welspun unveil major investment plans at Vibrant Gujarat Regional Conference

The Vibrant Gujarat Regional Conference for Kutch and Saurashtra witnessed a series of major investment announcements from some of India’s leading industrial groups on Sunday, underlining Gujarat’s growing stature as a national investment hub.

Reliance Industries Chairman Mukesh Ambani announced five key commitments for Gujarat, reaffirming the conglomerate’s long-standing ties with the state.

He said Reliance will double its investment in Gujarat to Rs 7 lakh crore over the next five years, compared with Rs 3.5 lakh crore invested during the previous five-year period.

The proposed investments are expected to create large-scale employment opportunities and significantly enhance Gujarat’s industrial capacity.

Ambani said Reliance is building the world’s largest integrated green energy ecosystem in Jamnagar, comprising solar power, green hydrogen and sustainable aviation fuel projects, marking the city’s transition from a traditional hydrocarbon hub to a global green energy exporter.

In Kutch, the company plans to develop a multi-gigawatt solar power project aimed at strengthening India’s long-term energy security.

He also announced that Jamnagar will be home to India’s largest AI-ready data centre, along with the launch of a new Jio Intelligence Platform starting from Gujarat designed to deliver artificial intelligence services in Indian languages to everyday users.

On the sports front, Ambani said the Reliance Foundation will partner with the Gujarat government to support Ahmedabad’s 2036 Olympic vision, including taking over the operations of the Veer Savarkar Multi-Sports Complex in Naranpura.

In addition, Reliance will establish a world-class hospital in Jamnagar and expand education-related infrastructure across Saurashtra, reinforcing the region’s social development.

Ambani described the current period as “India’s decisive decade,” and credited Prime Minister Narendra Modi’s leadership for positioning the country as an emerging global power.

Adani Ports and SEZ Managing Director Karan Adani announced an investment of Rs 1.50 lakh crore in Mundra over the next five years, stating that under Prime Minister Modi’s guidance, Kutch has evolved into India’s largest energy hub.

He said Mundra has become central to the Adani Group’s solar manufacturing strategy and will soon host the world’s largest energy park, with a planned capacity of 37 gigawatts.

Karan Adani reiterated the group’s commitment to contributing to the national vision of Viksit Bharat @2047.

Jyoti CNC Chairman Parakramsinh Jadeja said the Regional Conference demonstrates how the vision of a developed India is now reaching district-level industrial ecosystems.

He announced plans to invest Rs 10,000 crore over the next five years in manufacturing, research and development, and skill development.

The company will also supply advanced machinery to the aerospace and defence sectors, strengthening India’s push towards self-reliance.

Welspun Chairman B.K. Goenka announced a Rs 5,000 crore investment to set up the world’s largest pipeline manufacturing facility in Gujarat.

Referring to Kutch as Welspun’s birthplace, Goenka said the region’s transformation over the past two decades has been driven by consistent policy support.

He recalled Prime Minister Modi’s advice in 2003 to invest in Kutch, assuring exceptional returns a promise Goenka said has been fulfilled over time.

Welspun currently employs over one lakh people and plans to further expand its presence in Gujarat.