Ambani Pledges ₹7 Lakh Crore Investment in Gujarat Over Five Years | Quick Digest

Ambani Pledges ₹7 Lakh Crore Investment in Gujarat Over Five Years | Quick Digest
Mukesh Ambani announced a ₹7 lakh crore investment in Gujarat over the next five years, doubling previous commitments. The pledges focus on green energy, AI, digital infrastructure, new materials, and social development, aiming to transform Gujarat into a global leader in these sectors.

Reliance to invest ₹7 lakh crore in Gujarat over five years.

Investment doubles previous ₹3.5 lakh crore in Gujarat.

Focus areas include green energy, AI, and digital infrastructure.

Pledges made at Vibrant Gujarat Regional Summit in Rajkot.

Commitments aim to create jobs and boost economic growth.

Gujarat to become a hub for new materials and circular economy.

Reliance Industries Chairman Mukesh Ambani has announced a substantial investment of ₹7 lakh crore in Gujarat over the next five years, signaling a significant commitment to the state's economic and technological advancement. This new pledge doubles the ₹3.5 lakh crore the conglomerate invested in Gujarat over the preceding five years. The announcement was made at the Vibrant Gujarat Regional Conference in Rajkot. Ambani outlined five key commitments designed to position Gujarat as a global leader across various sectors. The first commitment involves this unprecedented scale of investment. Secondly, Reliance aims for global leadership in clean energy and green materials, with plans to establish the world's largest integrated clean energy ecosystem in Jamnagar. This will encompass solar power, battery storage, green hydrogen, green fertilizers, sustainable aviation fuel, maritime fuels, and advanced materials, along with transforming Kutch into a global clean energy hub. The third pledge focuses on making Gujarat India's artificial intelligence (AI) powerhouse, including building India's largest AI-ready data center in Jamnagar and launching a people-first AI platform to make AI affordable and accessible to every Indian, starting from Gujarat. Additionally, Reliance Jio has made Gujarat fully 5G enabled, aiming for it to be a global leader in digital data platforms and AI adoption. The fourth commitment involves setting up India's first world-class carbon fibre facility in Hazira, contributing to new materials and the circular economy. Finally, Reliance and Reliance Foundation will partner with the Government of Gujarat to support India's bid to host the 2036 Olympic Games in Ahmedabad, enhancing education, sports, and skills infrastructure. This also includes managing the Veer Savarkar Multisports Complex and expanding education and healthcare initiatives in Jamnagar. These comprehensive pledges underscore Reliance's long-term vision for sustainable development and job creation in Gujarat.
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