‘Modi hai toh mumkin hai…’ says Reliance Jio Infocomm’s Akash Ambani, praises ‘synergy between government and industry’

Akash Ambani, Chairman of Reliance Jio, praised Prime Minister Modi for fostering a strong collaboration between government and industry, at the ITU World Telecommunication Standardization Assembly in Delhi.

Livemint
Updated15 Oct 2024, 11:54 AM IST
Akash Ambani, Chairman of Reliance Jio, praised Prime Minister Modi for fostering a strong collaboration between government and industry, at the ITU World Telecommunication Standardization Assembly in Delhi.
Akash Ambani, Chairman of Reliance Jio, praised Prime Minister Modi for fostering a strong collaboration between government and industry, at the ITU World Telecommunication Standardization Assembly in Delhi.(File)

Reliance Jio Infocomm Chairman Akash Ambani has praised Prime Minister Narendra Modi and the government for creating “unusual synergy between government and industry”, ANI reported on October 15.

Speaking at the ITU World Telecommunication Standardization Assembly (ITUWTSA 2024) event in Delhi, Ambani stated, “In New India, in Modiji's India, there is no more business as usual. there's an unusual synergy between government and industry to deliver world-class services to satisfy the needs and expectations of 1.45 billion Indians. As a representative of young India, I thank you for your incredible connection with the youth and for inspiring us to pursue impossible-looking goals. As we say in Hindi, ‘Modi hai toh mumkin hai’…”

Also Read | MSRTC cancels fare hike, eases travel costs for festive season
Also Read | Nvidia up 14% amid strong demand for Blackwell chip, AI growth prospects

‘Indian data should remain in India’

Further speaking at the event, Ambani expressed that India should urgently “embrace AI with a holistic strategy”, adding that Indian data should remain in India's data centres, PTI reported. To this end, he urged the government to expedite the process of updating the Data Centre Policy 2020 draft, it added.

"... The scale and speed of multilingual data generation in India, which will drive the AI revolution, will grow exponentially. We request the government to expedite the updating of the 2020 draft of the Data Centre Policy that Indian data should remain in India's data centres," he said.

Also Read | Delhi’s AQI hits 175, numbers ‘poor’ for third consecutive day

Ambani also called AI a "revolutionary tool" that will transform all areas including agriculture, education, healthcare, and manufacturing.

"Therefore, Indian companies ready to set up AI and machine learning data centres should get all necessary incentives, including incentives for power consumption," he added.

Also Read | India’s Richest: Mukesh Ambani retains top spot on Forbes List, Adani at second

About Akash Ambani

Akash Ambani took over the digital arm of Reliance Industries, Reliance Jio Infocomm in June 2022 after Mukesh Ambani resigned as the director of the company that month.

In 2021, Ambani said that his kids were taking more responsibilities as part of the leadership shift. He said he could see in his children the same spark and potential of his father Dhirubhai Ambani – Reliance’s founder – for contributing to the country's growth.

(With inputs from Agencies)

 

Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:15 Oct 2024, 11:54 AM IST
Business NewsCompaniesNews‘Modi hai toh mumkin hai…’ says Reliance Jio Infocomm’s Akash Ambani, praises ‘synergy between government and industry’

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    ITC share price

    480.60
    03:13 PM | 6 NOV 2024
    0.55 (0.11%)

    Tata Steel share price

    153.45
    03:13 PM | 6 NOV 2024
    1.15 (0.76%)

    Infosys share price

    1,821.30
    03:13 PM | 6 NOV 2024
    67.5 (3.85%)

    Larsen & Toubro share price

    3,640.00
    03:13 PM | 6 NOV 2024
    64.6 (1.81%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    National Aluminium Company share price

    244.20
    02:57 PM | 6 NOV 2024
    9.2 (3.91%)

    EPL share price

    271.15
    02:57 PM | 6 NOV 2024
    9.15 (3.49%)

    Firstsource Solutions share price

    381.40
    02:57 PM | 6 NOV 2024
    12 (3.25%)

    City Union Bank share price

    179.35
    02:53 PM | 6 NOV 2024
    0.65 (0.36%)
    More from 52 Week High

    Hindustan Zinc share price

    513.90
    02:57 PM | 6 NOV 2024
    -45.55 (-8.14%)

    Triveni Engineering & Indus share price

    404.00
    02:57 PM | 6 NOV 2024
    -13.25 (-3.18%)

    Cholamandalam Financial Holdings share price

    1,700.75
    02:57 PM | 6 NOV 2024
    -55.8 (-3.18%)

    Five Star Business Finance share price

    653.95
    02:57 PM | 6 NOV 2024
    -19.7 (-2.92%)
    More from Top Losers

    Kaynes Technology India share price

    5,830.00
    02:57 PM | 6 NOV 2024
    513.3 (9.65%)

    Eclerx Services share price

    3,308.35
    02:57 PM | 6 NOV 2024
    276.45 (9.12%)

    CCL Products India share price

    727.85
    02:55 PM | 6 NOV 2024
    59.45 (8.89%)

    Dixon Technologies (India) share price

    15,580.30
    02:57 PM | 6 NOV 2024
    1184.3 (8.23%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      80,365.00110.00
      Chennai
      80,371.00110.00
      Delhi
      80,523.00110.00
      Kolkata
      80,375.00110.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.92/L0.00
      Chennai
      100.80/L0.00
      Kolkata
      104.95/L0.00
      New Delhi
      94.77/L0.00

      Popular in Companies

        HomeMarketsloanPremiumMint Shorts