Adani Group Joins WEF's Industrial Clusters to Advance Decarbonisation

Three Adani group firms have joined the World Economic Forum's 'Transitioning Industrial Clusters' initiative, forming the Adani Mundra Cluster. The initiative aims to enhance collaboration among co-located companies to drive economic growth, generate employment, and achieve decarbonisation by 2050. The cluster aspires to become an integrated green hydrogen manufacturing hub.

Three Adani group companies — Adani New Industries Ltd, Adani Ports and Special Economic Zone Ltd (APSEZ), and Ambuja Cements Ltd — have joined the World Economic Forum's (WEF) 'Transitioning Industrial Clusters' initiative, leading to the formation of the Adani Mundra Cluster.

This initiative focuses on boosting collaboration and aligning the vision of co-located firms to promote economic growth, create jobs, and achieve decarbonisation targets by 2050, according to the group's statement.

Karan Adani, Managing Director of APSEZ and Director of Ambuja Cements, highlighted the benefit of collaborating with global industry peers, think tanks, policymakers, and experts to pioneer innovative decarbonisation approaches. The Adani Mundra Cluster aims to establish itself as an integrated green hydrogen manufacturing hub, aiding the decarbonisation of hard-to-abate sectors in India and reducing energy import dependency.

(With inputs from agencies.)