India Adani Unveils $66 Billion Investment Plan For Maharashtra

At the 56th World Economic Forum (WEF) annual meeting in Davos 2026, the Adani Group announced an ambitious USD 66 billion investment blueprint for Maharashtra, signalling a major private-sector push into large-scale infrastructure, urban redevelopment and clean energy systems in India’s most industrialised state. The announcement reflects a strategic shift from single-asset projects to integrated, future-ready platforms designed to support long-term economic growth, energy transition goals and regional urban transformation. 

The investment, which is expected to be deployed over the next seven to ten years, spans a broad suite of sectors including aviation, urban and digital infrastructure, clean energy, advanced manufacturing, and semiconductor manufacturing. Senior group leadership framed the plan as aligning with India’s broader national priorities on energy transition, ease of doing business and self-reliance in advanced technology sectors. Central to the plan is urban renewal and infrastructure development. One of the most high-profile projects under the proposed blueprint is the redevelopment of Dharavi — one of Asia’s largest informal settlements — which the group intends to transform into a planned and economically vibrant urban district. Such a redevelopment effort, if realised, would be one of the most complex urban renewal initiatives in the country’s history, leveraging private capital at scale alongside potential public sector support. 

The strategy also places significant emphasis on Navi Mumbai, with the recently inaugurated Navi Mumbai International Airport (NMIA) positioned as a catalyst for growth. The airport — one of India’s largest new greenfield aviation projects — is expected to alleviate capacity constraints in the Mumbai metropolitan region while driving spill-over effects in logistics, hospitality, commercial real estate and allied services. Beyond urban transformation, the investment blueprint includes green and integrated data centre parks with a combined capacity of 3,000 MW, as well as pumped-storage hydropower projects totalling 8,700 MW — moves that signal a convergence of digital infrastructure and clean energy ambitions. The portfolio further encompasses coal gasification facilities, semiconductor and display fabrication units, and specialised industrial ecosystems, aligning with evolving policies on private participation in advanced manufacturing. 

Industry strategists see these plans as reflective of a broader private sector role in shaping India’s next phase of economic expansion, where integrated infrastructure platforms and long-term capital deployment are increasingly important for bridging gaps in urbanisation, digital readiness and energy resilience. The Adani strategy’s integration of digital platforms, aviation capacity and manufacturing enablement aims to build connected, future-oriented regional ecosystems rather than isolated assets. The Maharashtra state government welcomed the investment push, highlighting the potential for job creation, economic diversification and enhanced global competitiveness. In a statement on the sidelines of the forum, the chief minister reiterated that substantial private investment is key to unlocking employment opportunities for youth and sustaining economic momentum. 

For urban planners and market stakeholders, the plan offers a lens into how private capital and long-term infrastructure strategies can align with public policy goals in high-growth regions. However, delivering on these ambitions will depend on policy clarity, regulatory coordination and community engagement, particularly in complex redevelopment contexts like Dharavi and emerging technology zones. As global investors converge on India’s growth story, Maharashtra stands poised to become a focal point of integrated urban, energy and industrial innovation.

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India Adani Unveils $66 Billion Investment Plan For Maharashtra