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Business News/ Companies / Reliance Industries to invest Rs1 trillion in Gujarat
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Reliance Industries to invest Rs1 trillion in Gujarat

RIL chairman Mukesh Ambani urges companies across the globe to invest in India

Reliance Industries chairman Mukesh Ambani said PM Narendra Modi’s ‘Make in India’ and ‘Digital India’ programmes have energised the nation. Photo: MintPremium
Reliance Industries chairman Mukesh Ambani said PM Narendra Modi’s ‘Make in India’ and ‘Digital India’ programmes have energised the nation. Photo: Mint

Gandhinagar: Mukesh Ambani, chairman of Reliance Industries Ltd, said that his company will invest 1 trillion in Gujarat in the next 12-18 months.

Ambani urged companies across the globe to invest in India, while addressing the delegates at the seventh edition of the Vibrant Gujarat Summit in Gandhinagar on Sunday, adding that Prime Minister Narendra Modi’s ‘Make in India’ and ‘Digital India’ programmes have energised the nation.

Vibrant Gujarat is a biennial business summit organized by the Gujarat state government in Gandhinagar to attract foreign investment. It was started in 2003 by Modi when he was the chief minister of the state.

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." “India can chart a path under our Prime Minister in the next few years to really become the fastest growing economy in the world. A goal that is possible to achieve," he said.

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Published: 11 Jan 2015, 01:27 PM IST
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