 "RIL Chairman Mukesh Ambani pledges Rs 50,000 crore investment in Assam")
Mukesh Ambani, the Chairman of Reliance Industries Limited, on Tuesday (February 25) pledged a massive investment in Assam. Ambani vowed to invest Rs 50,000 crore in the northeastern state– over the course of five years– in an address at the Advantage Assam 2.0 event.
“Assam definitely has the potential to develop so quickly that countries in Southeast Asia and the East Asia will begin to look westwards towards the state as the land of growth opportunities,” he said.
Making Assam AI-ready
“Jio has made Assam not only 2G-mukt, but also 5G-yukt. We are grateful to the people of Assam for adopting Jio with their heart," the RIL Chairman said.
Ambani further promised that Reliance would establish an artificial intelligence-ready data center in Assam. He said that it would benefit all sectors in the state, ranging from education to health.
Making Assam tech and AI-ready, he stressed, is a mission that RIL has undertaken.
RIL Chairman Mukesh D. Ambani speaks at Advantage Assam 2.0 investment & infra summit 2025.
— News18 (@CNNnews18) February 25, 2025
He speaks on AI, 5G connectivity, Luxury hotels and more.
Listen in | #Assam #PMModi #Reliance #JIO pic.twitter.com/KoczBrgBCy
Increasing Reliance’s retail foothold
Mukesh Ambani also confirmed that Reliance would increase its retail foothold from 400 to 800 retail stores in Assam.
7-star Oberoi hotel in Assam
The conglomerate will also construct a 7-star Oberoi hotel in the heart of the state. According to Ambani, Reliance’s investments in the state are set to create 10,000 direct and indirect job opportunities for the youths of Assam.
Bio-gas hubs
“Reliance will build two world-class hubs of compressed biogas and CBG over wastelands in Assam. This will produce 8 lakh tonnes of biogas annually enough to fuel 2 lakh passenger cars every day,” Ambani said.
(Disclosure: Firstpost is a part of the Network18 Group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.)
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