The Adani Group has announced a major investment of ₹33,081 crore in Odisha, spanning data centre infrastructure, power generation, and cement manufacturing, further strengthening its presence in the state’s industrial ecosystem.
The proposed investment includes the development of a large-scale data centre project, reflecting the growing demand for digital infrastructure driven by cloud computing, artificial intelligence, and data storage requirements. This aligns with India’s broader push to become a global hub for digital services and data-driven industries.
A significant portion of the investment will go toward a thermal power project near Cuttack, aimed at enhancing power availability and supporting industrial growth in the region. The power project alone is expected to generate substantial employment and strengthen the state’s energy infrastructure.
In addition, the group plans to establish a cement manufacturing facility, which will cater to rising demand from infrastructure and construction activities, both within Odisha and across eastern India. The integration of cement production with power and logistics capabilities is expected to improve efficiency and support large-scale infrastructure development.
The combined projects are expected to generate thousands of employment opportunities, contributing significantly to regional economic development while boosting industrial output. The investment also complements Odisha’s strategy of attracting diversified industries across sectors such as energy, manufacturing, and digital infrastructure.
This move follows a series of large-scale project approvals and investments in the state, reinforcing Odisha’s position as an emerging industrial and infrastructure hub in eastern India. With strong policy support and improving ease of doing business, the state continues to attract major investments from leading corporate groups.