Adani Group Signs 4 Deals, to Invest Rs 12,400 cr in Telangana

Davos: The Adani Group on Wednesday signed four MoUs with the Telangana government for a proposed investment of Rs 12,400 crore at the World Economic Forum in Davos of Switzerland.

Chief Minister Revanth Reddy, along with IT and industries minister D. Sridhar Babu, met chairman of Adani Group Gautam Adani, and president and CEO of aerospace and defence Ashish Rajvanshi, and exchanged four memorandums of understanding for investments to the tune of Rs 12,400 crore over the next few years.