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Reliance plans ₹3,000 crore fresh investment in Odisha

Most of Reliance Industries’s investments in Odisha are in creating digital infrastructure, says chairman Mukesh Ambani at the Make in Odisha-Conclave 2018 in Bhubaneswar. Photo: ReutersPremium
Most of Reliance Industries’s investments in Odisha are in creating digital infrastructure, says chairman Mukesh Ambani at the Make in Odisha-Conclave 2018 in Bhubaneswar. Photo: Reuters

Reliance Industries has emerged as one of the largest investors in Odisha having already invested 6,000 crore there, says RIL chairman Mukesh Ambani at the Make in Odisha-Conclave 2018 in Bhubanewsar

Bhubaneswar: Reliance Industries Ltd will make a fresh investment of 3,000 crore in Odisha, its chairman Mukhesh Ambani said in Bhubaneswar on Monday. RIL has emerged as one of the largest investors in the state having already invested 6,000 crore there, he said. “We are committing to invest an additional 3,000 crore in Odisha. Our investment philosophy has a clear goal, to empower everyone in the march of development," Ambani said at the Make in Odisha-Conclave 2018.

“Most of our investments are in creating digital infrastructure," he added.

Ambani said that Reliance Jio is not just another business, it is a mission to transform India, to transform Odisha. “We have created and sustained new employment opportunities of over 30,000 people in the last two years in the state," the RIL chairman said.

“(The) PM’s inspiring vision of Digital India is to make India a leader in digital economy globally. Today, India is the fastest digitising economy in the whole world," Ambani noted.

According to Ambani, Reliance Jio is leading India’s digital transformation since it commenced operations a little over two years ago.

Inaugurating the state’s showpiece business summit, Odisha’s chief minister Naveen Patnaik on Sunday had asked industry captains to explore immense opportunities that the state has to offer as it takes rapid strides to emerge as the manufacturing hub of the east.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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