India's Adani Group will invest over 7.5 trillion rupees ($88.5 billion) in the northwestern state of Rajasthan, a top executive said on Monday, marking the group's first major investment since the U.

At a public event where billionaire Gautam Adani sat close to India’s Prime Minister Narendra Modi, the Adani Group announced a plan to invest tens of billions of dollars, signaling that both its business ambitions and political goodwill were intact despite the founders’ legal woes in the US.

Karan Adani, managing director of Adani Ports and Special Economic Zone, said the Adani Group plans to invest more than Rs. 7.5 lakh crore across various sectors of the state's economy, with over 50 per cent of this investment set to be made in the next five years.

Indian conglomerate Adani Group will invest over 7.5 trillion rupees ($88.53 billion) in various sectors such as renewable energy and cement in the northwestern state of Rajasthan, Karan Adani, managing director of Adani Ports ,

The Adani Group is planning to invest Rs 7.5 lakh crore across sectors in Rajasthan, a senior company official said on Monday. While speaking at the Rising Rajasthan Summit, Adani Ports and SEZ Managing Director Karan Adani said 50 per cent of the total investment will be made within the next five years.