WATCH | Mukesh Ambani's full speech at Vibrant Gujarat Summit 2024
Business Standard・2 minutes read
The 10th Vibrant Gujarat Summit highlights Reliance's significant investments in the state, totaling over $150 billion in the last decade, with a commitment to further investments in green growth, renewable energy, and 5G infrastructure rollout to propel Gujarat towards global leadership in these sectors.
Insights
- Reliance has invested over $150 billion in Gujarat in the last decade, with a third of this amount allocated to the state, showcasing a significant commitment to the region's development and economic growth.
- Reliance's future investments in Gujarat focus on establishing the state as a leader in green growth and digital innovation, with plans for renewable energy projects and 5G infrastructure rollout, indicating a strategic shift towards sustainability and technological advancement in the region.
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Recent questions
What is the Vibrant Gujarat Summit?
A prestigious investor event ongoing for 20 years.
How much has Reliance invested in Gujarat?
Over $150 billion in the last decade.
What are Reliance's future investment plans in Gujarat?
To make the state a global leader in green growth.
What is Reliance's plan for 5G infrastructure in Gujarat?
To accelerate 5G infrastructure rollout.
How will Reliance's investments in Gujarat impact employment?
Generate new employment opportunities.
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Summary
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Reliance's Gujarat Investments: Green Growth & 5G
- The 10th Vibrant Gujarat Summit is a prestigious investor event that has been ongoing for 20 years, a testament to Prime Minister Narendra Modi's vision and consistency.
- Reliance, a prominent company, has made significant investments in Gujarat, totaling over $150 billion in the last decade, with one-third of this amount specifically directed towards the state.
- Reliance commits to further investments in Gujarat, aiming to make the state a global leader in green growth, with plans for a green energy complex and a focus on renewable energy to meet half of Gujarat's energy needs by 2030.
- Reliance also pledges to accelerate 5G infrastructure rollout in Gujarat, aiming to make the state a global leader in digital data platforms and AI adoption, which will revolutionize various sectors and generate new employment opportunities.
