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Aditya Birla group to invest in green energy as rivals make commitments

'Thin line between hustle and hubris', Kumar Mangalam Birla warns upcoming companies in blog post

Dev Chatterjee Mumbai
Kumar Mangalam Birla. (Photo: Bloomberg)
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Kumar Mangalam Birla. (Photo: Bloomberg)

The Aditya Birla Group will make investments in green energy, joining conglomerates like Tatas, Adani Group and Reliance Industries that have announced multi-billion dollar commitments.
Kumar Mangalam Birla, chairman of Aditya Birla Group, said in a blog post his group companies are making investments in green energy, the circular economy and sustainable materials. “The pendulum of climate change will swing globally when we can find technology led solutions to marry the material aspirations of current generations with responsibility towards the lives of future generations. And nowhere is that truer than in rapidly emerging countries like India,” Birla said without elaborating on any investment figures in the green energy business.
The Tata group is investing Rs 77,000 crore in green energy and Reliance has announced Rs 75,000 crore in the next three years for the sector. The Adani Group has announced $70 billion for green energy in
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First Published: Jan 24 2023 | 6:21 PM IST

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