Adani Group Pumps ₹3,500 Crore into Madhya Pradesh with Major Cement and Propellant Projects

Adani Group’s company, APSEZ, has announced plans to set up a cement grinding unit with a 2 million tonne capacity in Guna and a propellant production facility in Shivpuri, Madhya Pradesh. The total investment for these projects is ₹3,500 crore.

Karan Adani, the Managing Director of Adani Ports and Special Economic Zone Ltd (APSEZ), shared this news at the Gwalior Regional Industry Conclave. He emphasized that the Shivpuri unit is in line with India’s Aatmanirbhar mission, which aims to turn the country from a defence importer into a defence exporter. These projects are expected to create over 3,500 jobs, both directly and indirectly.

Karan Adani also highlighted that Adani Group has already invested ₹18,250 crore in Madhya Pradesh, creating 12,000 jobs. He pointed out that Gwalior is rapidly becoming a key economic center in India, attracting investments due to its growing status as a tourism hotspot, talent hub, and important transportation and trade hub.

He noted that Adani’s defence facility in Gwalior is now India’s largest small arms manufacturing plant, positioning Madhya Pradesh as a global hub for small arms production. Karan Adani praised the efforts of Madhya Pradesh Chief Minister Mohan Yadav, stating that the state is becoming a prime example of economic growth under his leadership.

Through the Adani Foundation, the group has impacted 80,000 households and reached 3 lakh people across Madhya Pradesh with initiatives in healthcare, education, sustainable livelihoods, and women empowerment. Karan Adani proudly announced that Adani Foundation will establish a jacket production center in Badarwas, which will be entirely run by women as part of their commitment to women’s empowerment.