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Mukesh Ambani

Mukesh Ambani, the Chairman of Reliance Industries, expressed his unwavering belief that India is destined to become a $35 trillion economy by the year 2047. This ambitious proclamation was made during his address at the 10th Vibrant Gujarat Global Summit held in Gandhinagar.

Highlighting the significant role played by Reliance in Gujarat’s economic landscape, Ambani stated, “Reliance was, is, and will always remain a Gujarati company.” Over the past decade, Reliance has invested an impressive amount of over Rs 12 trillion in developing world-class assets and capacities across India, with more than one-third of this investment directed towards Gujarat alone.

Looking ahead, Ambani assured that Reliance will continue to be a driving force in Gujarat’s growth trajectory, with substantial investments planned for the next decade. Specifically, the company aims to propel Gujarat to global leadership in green growth, targeting the fulfillment of half of the state’s energy needs through renewable sources by 2030.

Detailing the upcoming initiatives, Ambani revealed, “We have initiated the construction of the Dhirubhai Ambani Green Energy Giga Complex spanning over 5,000 acres in Jamnagar, set to be operational by the second half of 2024. This groundbreaking project aims to generate green jobs, facilitate the production of eco-friendly products, and position Gujarat as a leading exporter of such goods.”


Furthermore, Ambani outlined Reliance’s commitment to making Gujarat a pioneer in new materials and circular economy practices. The company is establishing India’s first Carbon Fiber facility at Hazira to contribute to this vision.

Applauding Gujarat’s technological prowess, Ambani commended the state for being fully 5G-enabled, distinguishing it on a global scale. He envisioned the integration of 5G and AI technologies, creating millions of new job opportunities and positioning Gujarat as a hub for employment.

In a gesture of appreciation, Ambani lauded Prime Minister Narendra Modi, asserting, “The world chants ‘Modi hai toh mumkin hai’ [If Modi is there, it is possible]. He is the most successful prime minister in Indian history.”

Reflecting on the enduring success of the Vibrant Gujarat Global Summit, Ambani credited PM Modi’s vision and consistency, stating, “No other summit of this kind has continued for 20 long years and going from strength to strength. This is a tribute to PM Modi’s vision and consistency. The Modi Era will take India to new summits of prosperity, progress, and glory.”

Also Read | Adani Group to make Rs 2 Lakh Crore Investment in Gujarat in next 5 years

 

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