Avaada Group, a prominent player in the renewable energy sector, has pledged a groundbreaking $12bn investment in Rajasthan, India, to propel the region as a key global hub for renewable energy. The investment was announced during the Rising Rajasthan 2024 Summit, with the presence of Indian Prime Minister Narendra Modi and Rajasthan's Chief Minister Bhajanlal Sharma. The Chairman of Avaada Group, Vineet Mittal, highlighted Rajasthan's abundant solar and wind resources, positioning it as an ideal location for renewable energy transformation. The investments will focus on green hydrogen and ammonia projects, a 1,200 MW Pumped Storage Project, and utility-scale solar and wind projects in various regions of Rajasthan. These initiatives align with international sustainability frameworks, fostering zero-carbon manufacturing and creating over 1 million green jobs by 2030. Avaada's commitment aims to double Rajasthan's economy by 2030, contributing significantly to India's renewable energy targets and global climate change mitigation efforts. The investment signifies a significant step towards sustainable industrial growth, attracting international collaborations and driving renewable energy innovation.