India, Jan. 11 -- Adani Group plans to invest Rs.1.5 lakh crore in Kutch over the next five years, as the ports-to-mining conglomerate looks to double down on investments in its home state of Gujarat.

"We will complete our Khavda project and commission the full 37 GW capacity by 2030, and we will also double our port capacity at Mundra in 10 years," Karan Adani, managing director of Adani Ports & SEZ Ltd., said at the Vibrant Gujarat Regional Conference in Rajkot on Sunday.

"At a time when the global economy faces uncertainty and fragmentation, India is emerging as a bright spot, growing close to 8%, expanding its manufacturing base, and confidently progressing towards becoming a $5 trillion economy and the world's third largest."

Acco...