Reliance Pledges ₹7 Lakh Crore Investment in Gujarat | Quick Digest
Reliance Industries Chairman Mukesh Ambani announced a massive ₹7 lakh crore investment in Gujarat over the next five years. This commitment aims to double the company's previous outlay, focusing on clean energy, AI-ready data centers, and advanced manufacturing to boost the state's economy and create jobs.
Reliance Industries to invest ₹7 lakh crore in Gujarat over the next five years.
Investment doubles the company's previous ₹3.5 lakh crore outlay in the state.
Focus areas include clean energy, AI-ready data centers, and advanced manufacturing.
Mukesh Ambani made the announcement at the Vibrant Gujarat Regional Conference.
Aims to create substantial employment and establish Gujarat as a global hub.
Jamnagar is set to become a major center for green energy and AI development.
Reliance Industries Limited, led by Chairman Mukesh Ambani, has announced a significant investment of ₹7 lakh crore in the Indian state of Gujarat over the next five years. This substantial commitment, revealed during the Vibrant Gujarat Regional Conference, marks a doubling of the company's previous investment of ₹3.5 lakh crore in the state over the last five years.
The diversified investment strategy targets several key sectors, including the development of a world-class clean energy ecosystem, the establishment of India's largest Artificial Intelligence-ready data center, and the expansion of advanced manufacturing capabilities. Ambani highlighted that Jamnagar, once India's largest hydrocarbon energy exporter, is envisioned to transform into the country's largest exporter of green energy and materials. The plans for clean energy encompass large-scale solar generation, battery energy storage, green hydrogen production, and sustainable fuels.
Furthermore, the investment in AI-ready data centers is aimed at providing affordable and accessible AI services to all Indians, starting from Gujarat, enabling citizens to utilize AI tools in their own languages and on their own devices. These initiatives are expected to generate significant employment opportunities, foster economic growth across Gujarat, and reinforce the state's position as a global investment and industrial hub. Reliance Foundation also pledged support for India's Olympic ambitions, partnering with the Gujarat government to manage the Veer Savarkar Multisports Complex.
Credible news outlets such as The Economic Times, Outlook Business, Elets CIO, IBEF, and Indian Infrastructure have widely corroborated this announcement, emphasizing its potential impact on India's energy transition, digital infrastructure, and manufacturing sectors. The announcement underscores Reliance's long-term commitment to Gujarat and its contribution to national priorities around sustainable development and technological advancement.
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