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Ambani to invest 1L crore in Guj
Mukesh Ambani, India\'s richest man, said on Sunday that his Reliance is proud to be a Gujarati company, as he pledged to invest Rs 100,000 crore in the state. While stating that India is on the path to become the world\'s fastest growing economy
Gandhinagar: Mukesh Ambani, India's richest man, said on Sunday that his Reliance is proud to be a Gujarati company, as he pledged to invest Rs 100,000 crore in the state. While stating that India is on the path to become the world's fastest growing economy, Ambani said the investments would be in expanding petrochemical production capacity as well as in launch the much-awaited 4G broadband services while contributing to ‘Make in India’ and Digital India initiatives.
“We will invest over Rs 100,000 crore in the next 12-18 months in contributing to the Make-In-India and Digital India initiatives,” he said at the Summit inauguration function that was attended by Modi as well as top captains of industry and world leaders.
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Ambani said as part of the investment programme, RIL will partner and enable thousands of small businesses and Gujarati entrepreneurs to create virtuous cycle of prosperity. "India is marching forward with a clear vision to emerge as global power even when as most of the world is struggling with low growth.
