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Home>>Business>>Mukesh Ambani Makes Big Announcement: RIL Chairman Pledges To Double Investment In THIS State By 2030
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Mukesh Ambani Makes Big Announcement: RIL Chairman Pledges To Double Investment In THIS State By 2030

international media news
February 7, 2025 240 Views0

Reliance Industries Limited (RIL) chairman Mukesh Ambani pledged that the company will double its investment in West Bengal by 2030. 

Speaking at the Bengal Global Business Summit 2025, the tagline of which is ‘Bengal means business’, RIL Chairman Mukesh Ambani said in 2016 when he first attended this Summit, Reliance’s investments stood below Rs 2,000 crore. In less than a decade since 2016, he said his Group’s investments in Bengal have increased 20 times, and “we invested over Rs 50,000 crore.”

The company’s commitment to Bengal’s all-around development remains unwavering, and “We shall double this investment by the end of this decade,” Ambani committed today, with Chief Minister Mamata Banerjee on the dais.

More importantly, he said the investments made so far have created over one lakh direct jobs and spurred significant economic growth in West Bengal.

Further, he said Jio is also building Bengal’s first cable landing station in Digha, to enable Fiber connectivity in the state. It will be commissioned early next year and will become a gateway for Bengal’s digital leadership in eastern India, Mukesh Ambani asserted.

Asserting that data centres are at the heart of AI infrastructure and Jio is currently building the world’s best AI infrastructure in India, Mukesh Ambani announced today that they have modified its Data Centre in Kolkata to a state-of-the-art AI-ready Data Centre, and that will be ready in the next 9 months.

Further, Reliance plans to expand its retail business network to 1,700 stores in the next three years, operating 2.2 million sq. ft. of warehouses in the State.

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