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Reliance Industries Limited (RIL) Chairman Mukesh Ambani announced a Rs 50,000 crore investment in Assam at the Advantage Assam Summit 2.0, praising PM Modi’s leadership for transforming the state into a tech hub.
RIL Chairman Mukesh Ambani addresses the Advantage Assam Summit 2.0.
Mukesh Ambani, the chairman and managing director of Reliance Industries Ltd (RIL), on Tuesday said that AI, which stands for Artificial Intelligence, “will also soon mean Assam Intelligence” with the youth of the state shining across sectors including technology. Speaking at the Advantage Assam Summit 2.0 in Guwahati, Ambani announced an investment of over Rs 50,000 crore in the state over the next five years.
While addressing the event, Ambani started off his speech by greeting people in Assamese and praying to Goddess Kamakhya. He then highlighted how Prime Minister Narendra Modi’s leadership has brought Assam from the periphery to the centre of India’s growth story.
“The greatest advantage of every Assamese and rather every Indian is having been blessed by PM Modi’s leadership,” the RIL Chairman said. “You have brought four advantages to Assam. You brought Assam from the periphery to the centre of India’s growth story. You have given the mantra to Assam of Act East, Act Fast, and Act First. You have heralded an unprecedented era of connectivity revolution in the Northeast. You have made technology the main driver of development. Until now, Assam was known as the tea paradise. In the coming years, it will be known as tech paradise,” he added.
Five Priority Areas
Mukesh Ambani announced that Reliance will invest over 50,000 crore in Assam in the next five years in five priority areas. He said the first priority area will be making Assam technology ready and AI ready. He added that Reliance will set up an AI ready data centre in Assam that will “benefit students, teachers, doctors, agriculture, and help the youth learn and earn from home.”
“The second priority area will be clean and green energy. Reliance will set up two world class hubs of compressed bio gas in Assam,” he announced.
Reliance also aims to make Assam a major supplier of food and non food consumer products to national and international markets, he said, adding that RIL will set up food parks in the state in addition to the Cola bottling plant that the organisation has set up in the state.
“We will double the number of Reliance retail stores in the state,” Ambani added.
The RIL Chairman said that the fifth priority area will be to “boost hospitality in the state with a world class 7-star Oberoi hotel in the state.”
Advantage Assam Summit 2.0 was inaugurated by Prime Minister Narendra Modi on Tuesday, February 25, in Guwahati. The event also witnessed the presence of national and international leaders, ambassadors, industry stalwarts, and other dignitaries, marking a significant milestone in shaping Assam’s investment and infrastructure landscape.
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