Sunday , August 1 2021

Reliance Industries is planning a new Rs 3,000 cr investment in Odisha



Ambani said that Reliance Jio was not just another business, it was a mission to change India. Photo: Reuters

Ambani said that Reliance Jio was not just another business, it was a mission to change India. Photo: Reuters

Bhubaneswar: Reliance Industries will make a fresh investment of Rs 3,000 crore in Odisha, its Chairman Mukhesh Ambani announced here Monday.

Reliance Industries has emerged as one of the largest investors in the state and has invested Rs 6,000 crore, he said.

"We are committed to investing an additional Rs 3,000 crore in Odisha. Our investment philosophy has a clear goal, to empower everyone on the journey of development, "Ambani said at 'Make in Odisha – Conclave 2018'.

"Most of our investment is in creating digital infrastructure," he added.

Ambani says that Reliance Jio is not just another business, it is a mission to change India, to change Odisha.

"We have created and maintained new employment opportunities for more than 30,000 people in the last two years in the state," he said.

"The (vision of) the PM about digital India is to make India a leader in the digital economy globally. Today, India is the fastest digitizing economy in the entire world, "Ambani said.

He said that Jio had led India's digital transformation since starting operations a little more than two years ago.

Inaugurating the state's show-off business summit, Chief Minister Odisha Naveen Patnaik on Sunday had asked the industry captain to explore the huge opportunities that the country must offer because it needed fast steps to emerge as a manufacturing center in the east.

(This story has been published from a wire agent feed without modification to the text. Only the title has been changed)


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