Reliance Industries Restricted (RIL) chairman and managing director Mukesh Ambani on Tuesday introduced that his conglomerate has dedicated to investing ₹50,000 crore in Assam over the subsequent 5 years.
Mukesh Ambani emphasised on Reliance’s precedence of creating Assam “tech-ready and AI-ready”.(PTI)
Addressing the Benefit Assam 2.0 Funding & Infrastructure Summit 2025 in Guwahati, Mukesh Ambani highlighted the Reliance group’s long-term dedication to the state’s improvement, particularly within the know-how and digital sectors.
“In the coming years, Reliance will more than quadruple its investment in Assam to over ₹50,000 crore,” the RIL chairman stated.
‘AI data centre, food park, Oberoi hotel’
Mukesh Ambani stated that the conglomerate would additionally set up a man-made intelligence (AI) information centre, mega meals park, and a seven-star Oberoi Lodge. Mukesh Ambani emphasised on Reliance’s precedence of creating Assam “tech-ready and AI-ready”, terming the state’s digital transformation a “noble and patriotic mission”.
Mukesh Ambani famous that Jio additionally performed a significant function in modernising the state’s telecom infrastructure, liberating it from 2G and empowering it with 5G community.
Ambani additionally famous how the corporate had earlier dedicated an funding of ₹5,000 crore within the 2018 summit and identified how Reliance has since then exceeded ₹12,000 crore in investments in Assam.
“Reliance will establish an AI-ready Data Centre in Assam. With this, students will benefit from AI-assisted teachers. Patients will benefit from AI-assisted doctors. Agriculture will benefit from AI-assisted farmers. And AI will help Assam’s youth to learn from home and earn from home,” Ambani stated, a Enterprise At this time report stated.
As well as, the Reliance group may also contribute in direction of making Assam the hub of unpolluted and inexperienced vitality, in accordance with the federal government’s new coverage. Ambani stated that his firm would construct two top-notch hubs of Compressed Biogas (CBG) over a wasteland within the state. “These will produce 8 lakh tonnes of clean biogas annually, enough to fuel 2 lakh passenger vehicles every day,” Mukesh Ambani added.
A Mega Meals Park may also be arrange within the state with an intention so as to add worth to the produce from Assam’s huge agriculture and horticulture practices. “We have already set up a world-class bottling plant in Assam for Campa and an independence range of packaged drinking water,” Ambani was cited as saying.
To level-up Assam’s hospitality sector, the conglomerate may also be constructing a seven-star Oberoi lodge within the coronary heart of the state, he famous.
On prime of all this, the variety of Reliance Retail shops within the nation may also be reportedly doubled from round 400 to 800 shops within the subsequent 5 years.
Ambani praises PM Modi
Mukesh Ambani additionally praised Prime Minister Narendra Modi’s management, saying that the summit’s theme displays the transformation the state has witnessed below his governance.
Mukesh Ambani identified 4 key benefits that PM Modi has delivered to Assam. First, Assam and remainder of the northeast area has been delivered to the centre of India’s improvement map. Second, Assam has obtained a brand new inspiring mantra of ‘Act East, Act Quick, and Act First’. Third is the “unprecedented connectivity revolution” in Assam and the Northeast. The fourth and most necessary benefit, Ambani stated, is the emphasis that has been positioned on know-how as a key driver of improvement. Ambani expressed that within the coming a long time, the state may also emerge as a “technological paradise”.
Vedanta Group to additionally make investments ₹50,000 cr
Moreover, Vedanta Group chairman Anil Agarwal additionally introduced that his agency will make investments ₹50,000 crore in Assam and Tripura’s oil and fuel sector over the subsequent three to 4 years.
Talking on the Benefit Assam summit, the chairman of the mining main stated that his group agency Cairn Oil and Gasoline has already invested round ₹2,500 crore within the two northeastern states.
“Assam has abundant natural resources and potential to become the world’s mega basin. We are poised to play a pivotal role in Assam’s sustainable growth and development,” he stated.
He stated that with the most recent funding dedication, his firm will produce 1,00,000 barrels of oil and fuel per day, making the area dominant hub for hydrocarbon. “It will also create direct and indirect employment opportunities for 1 lakh youths,” Agarwal added.
(with inputs from businesses)