<?xml version="1.0" encoding="UTF-8"?>
<root>
    <author>ENA</author>
    <category>State</category>
    <date>2025-02-25 14:30:24</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;Dispur, Feb 25 (KNN)&lt;/strong&gt; 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.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The announcement came during his address at the Advantage Assam 2.0 Investment &amp;amp; Infrastructure Summit 2025 held in Guwahati on Tuesday.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt; 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.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;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.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;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.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;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).&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Praising Prime Minister Narendra Modi's leadership, Ambani outlined four key advantages that have transformed Assam under the current administration.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;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&amp;mdash;more than any previous leader.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;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.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;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.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;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.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;This substantial investment commitment positions Assam for significant growth in digital infrastructure, artificial intelligence, and overall economic development in the years ahead.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;em&gt;&lt;strong&gt;&lt;span style=&quot;font-size:14px&quot;&gt;(KNN Bureau)&lt;/span&gt;&lt;/strong&gt;&lt;/em&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>41200</id>
    <link>https://knnindia.co.in/news/newsdetails/state/reliance-industries-to-invest-over-rs-50000-crore-in-assam</link>
    <pubDate>2025-02-25 14:30:24</pubDate>
    <source>knnindia.co.in</source>
    <title>Reliance Industries To Invest Over Rs 50,000 Crore In Assam</title>
</root>
