Gautam Adani praises Manmohan Singh for starting liberalisation and ending License Raj

Manmohan Singh: Adani Group chairman Gautam Adani has praised former Prime Minister Manmohan Singh. Gautam Adani said that in 1991, the then Finance Minister Manmohan Singh gave a new direction to the country's economy by taking steps of economic liberalization. The Adani Group chairman said that this bold step of economic liberalization laid the foundation for India's development. On this foundation, Prime Minister Narendra Modi has written the story of India's progress in the last 10 years.

Manmohan Singh ended the license raj in the country

Addressing a CRISIL event in Mumbai, Gautam Adani said that the preparation for the development of India's infrastructure started in 1991 itself. The period from 1991 to 2014 was spent in preparing the foundation and runway for the economy. Between 2014 and 2024, the aircraft of development has taken off on this runway. He said that Manmohan Singh ended the license Raj in the country. With its help, business in India got wings. There was no need for government approval to invest, increase capacity and fix prices.

Adani Group will invest $100 billion in green energy production

Gautam Adani said that there has been tremendous development of infrastructure in India in the last decade. He also discussed about the National Infrastructure Pipeline (NIP). He said that to take it forward, the public and private sectors will have to come together. Tremendous work has been done on energy, logistics, water, airport and social infrastructure in the country. During this, he told that Adani Group wants to manufacture all the major parts required for green energy production. For this, it will invest more than $ 100 billion (about Rs 8340 crore).

The world's largest renewable energy park is being built in Khavda

Gautam Adani said that there are billions of dollars of opportunities in energy transition and digital infrastructure. We have built the world's largest renewable energy park in Khavda in Kutch district of Gujarat. This plant will generate 30 gigawatts of electricity and by the year 2030 our renewable energy capacity will reach 50 gigawatts. Keep in mind that this is the world's largest green energy plant built on barren land, whose size is 5 times larger than the city of Paris.

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