00:00Adani Group will invest Rs. 30,000 crores in Kerala in the next five years.
00:07Adani Ports and SEZ Ltd's Managing Director Karan Adani said here at the Kerala Investment
00:14Global Summit that we are making a commitment to invest Rs. 20,000 crores extra.
00:19The group is already developing the Vijingam Port and is also operating the Tinnu Vananth
00:23Puram Airport.
00:25Karan Adani said that the group will not only expand its cement production capacity in the
00:31state, but will also develop a logistics and e-commerce hub.
00:35The group is developing the Vijingam Port and has already invested Rs. 5,000 crores.
00:41He said that with an investment of Rs. 5,500 crores, the group will increase the capacity
00:46of the Tinnu Vananth Puram Airport from 45 lakh passengers per year to 1 crore 20 lakh
00:51passengers per year.
00:53Karan Adani said that a logistics and e-commerce hub will also be established in Kochi.
00:58Cement production capacity will be increased in Kochi.
01:01In total, Adani Group will invest Rs. 30,000 crores in Kerala in the next five years.
01:07There are expected to be around 3,000 participants in this two-day investment summit.
01:12Recently, Gautam Adani announced a donation of Rs. 6,000 crores to Adani Group.
01:17He made this donation to build two Adani health cities in Ahmedabad and Mumbai.
01:23And in this health city, there will be 1,000 beds, large multi-specialty hospitals, medical
01:29colleges and research centers.
01:31Adani Group will work with the famous Mayo Clinic of America in this project.
01:35And Mayo Clinic will ensure that the medical services provided here are world-class.
01:40Also, there will be a special focus on technology and health care quality.
01:44The special thing is that this health city will be for people of all economic classes.
01:49And Adani Group says that whether you are poor or rich, everyone will get the best treatment
01:54here.
01:55There will also be a medical college here, where 150 undergraduates and 80 resident doctors
02:00will be trained every year.
02:02There will also be different facilities for research so that new diseases and modern
02:06treatment can be worked on.
02:08Now, what will be the effect of this on the share market?
02:11Adani Ports & SEJ Ltd's share fell by 3% on Friday and came to Rs 1,080.20 intraday low.
02:22This year, this share has broken 12% and 27% in 6 months.
02:27A drop of up to 17% has been recorded throughout the year and the company's share has risen
02:32to 200% in 5 years.
02:34So what is your opinion on this whole news?
02:36Give us your opinion in the comment box and keep watching Good Returns for such updates.
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