Adani Group to invest ₹2,000cr to set up 20 schools
What's the story
The Adani Group has announced a whopping ₹2,000 crore investment for setting up 20 schools across India.
The move is part of a larger ₹10,000 crore charity drive for various social causes.
The conglomerate had earlier announced ₹6,000 crore donations for building hospitals and another ₹2,000 crore for skill development programs.
Strategic partnership
Adani Foundation partners with GEMS Education for project
The philanthropic arm of the Adani Group, the Adani Foundation, is partnering with GEMS Education on this educational initiative.
GEMS Education is a global leader in private K-12 education.
The partnership seeks to make world-class education and learning infrastructure accessible to people from all strata of society, the foundation said in a statement.
Educational expansion
First Adani GEMS School of Excellence to open in Lucknow
The first 'Adani GEMS School of Excellence' will open in Lucknow for the 2025-26 academic year.
Over the next three years, at least 20 such schools will be set up in India's major metros and later in Tier II to IV cities.
The partnership wants to create a scalable, affordable, and sustainable model for quality education for students across India by combining Adani Group's pan-Indian presence and infrastructure capabilities with GEMS's educational expertise.
Mission statement
Commitment to affordable, world-class education
Gautam Adani, the Chairman of the Adani Group, said that this initiative is a testament to their commitment to making world-class education affordable and accessible to all.
"By adopting global best practices and innovative digital learning through our partnership with GEMS Education, we aim to equip the next generation of change-makers to become socially responsible leaders in India," he said.