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Reliance Industries To Invest Over Rs 50,000 Crore In Assam

Updated: Feb 25, 2025 02:30:24pm
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Reliance Industries To Invest Over Rs 50,000 Crore In Assam

Dispur, Feb 25 (KNN) Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited (RIL), announced a significant investment commitment of over Rs 50,000 crore in Assam over the next five years.

The announcement came during his address at the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 held in Guwahati on Tuesday.

"In the coming years, Reliance will more than quadruple its investment in Assam to over Rs 50,000 crore," Ambani stated during the investors' summit.

He noted that the company had previously committed Rs 5,000 crore at the 2018 summit and has since exceeded Rs 12,000 crore in investments in the state.

Ambani emphasised Reliance's focus on making Assam ‘tech-ready and AI-ready,’ describing the state's digital transformation as a ‘noble and patriotic mission.’

He highlighted Jio's contribution to modernising Assam's telecommunications infrastructure, making it ‘not only 2G-mukt but 5G-yukt’ (free from 2G and empowered with 5G).

Praising Prime Minister Narendra Modi's leadership, Ambani outlined four key advantages that have transformed Assam under the current administration.

First, bringing Assam and the Northeast from the periphery to the centre of India's development agenda, noting that the Prime Minister has visited the region over 70 times—more than any previous leader.

Second, providing Assam with a new development mantra: "Act East, Act Fast, and Act First," suggesting that Assam could develop rapidly enough to become a growth hub for Southeast and East Asia.

Third, creating an ‘unprecedented connectivity revolution’ in the region that extends beyond physical and digital infrastructure to include developmental and emotional connections with the rest of India.

Fourth, emphasising technology as a key driver of development. Ambani expressed confidence that just as Assam is globally known as a tea paradise, it will emerge as a ‘technological paradise’ in the coming decades.

This substantial investment commitment positions Assam for significant growth in digital infrastructure, artificial intelligence, and overall economic development in the years ahead.

(KNN Bureau)

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