The Adani Group on Wednesday announced an ambitious investment roadmap of nearly USD 66 billion for Maharashtra, signalling one of the largest private sector commitments to the state’s next phase of infrastructure and industrial growth, according to officials and media reports.
Unveiled at the 56th annual World Economic Forum meeting in Davos, the plan spans a wide spectrum of sectors — from aviation and renewable energy to digital infrastructure, urban redevelopment and high-end manufacturing.
The conglomerate said the proposed investments are designed to create interconnected platforms that support India’s goals of energy transition, manufacturing self-reliance and faster, business-friendly growth.
Sources familiar with the proposal said Maharashtra will be a key beneficiary of the group’s focus on large, transformative projects. At the heart of the plan is the redevelopment of Dharavi, widely regarded as one of India’s most challenging urban renewal exercises. The project aims to turn the densely populated area into a modern, planned neighbourhood with improved housing, services and economic opportunities.
Another major pillar is Navi Mumbai, which the group sees as an emerging growth corridor. Central to this vision is the Navi Mumbai International Airport, one of the country’s largest greenfield aviation projects, which began operations on December 25. The airport is expected not only to ease pressure on Mumbai’s existing aviation infrastructure but also to drive growth in logistics, hospitality, real estate and allied services across the region, according to media reports.
Maharashtra Chief Minister Devendra Fadnavis welcomed the announcement, underlining the link between private investment and employment generation. “We will welcome any investor, whether it is the Adani Group or others, who brings investment to Maharashtra, because without investment, jobs will not be created for our youth,” he said.
Pranav Adani, Director of Adani Enterprises, said the proposed capital deployment would be spread over the next seven to ten years, allowing projects to be executed in phases. He outlined a pipeline that includes integrated data centre parks with a combined capacity of around 3,000 MW, an arena district near the new airport, coal gasification facilities, and pumped-storage hydropower projects with a total capacity of about 8,700 MW.
The group is also exploring advanced manufacturing opportunities, including semiconductor and display fabrication units, in line with the central government’s evolving policy framework to attract private investment in high-tech sectors, sources said.
According to the company, the Maharashtra plan reflects a broader strategic shift from building standalone assets to developing integrated ecosystems that emphasise scale, sustainability and long-term value creation.
As policymakers and business leaders converged in Davos to debate global growth and resilience, the Adani Group’s announcements at WEF 2026 highlighted its attempt to align large pools of private capital with India’s expanding role in the global economy, as per official statements and media reports.
Also Read: Ambani, Adani Roll Out Fresh Investment Commitments For Gujarat https://www.vibesofindia.com/ambani-adani-roll-out-fresh-investment-commitments-for-gujarat/
