"In the cement sector, we will invest in excess of Rs 1,700 crore to expand Ambuja Cements existing capacity in Uttarakhand," group director Pranav Adani said said.
Adani said Uttarakhand has now become one of India s most attractive gateways for private sector investment because of its policies including single-point clearances, competitive land prices, affordable power and efficient distribution, highly skilled manpower, close proximity to the national capital and a very stable law and order environment.
Green shoots of recovery are emerging in the rural economy. Inflation is becoming moderate now. India is the best performing economy, Puri said on the sidelines of CII Global Economic Policy Forum