Mukesh Ambani Says Reliance To Invest Rs 2,500 crore In Assam, Create 80,000 Jobs

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(LiveMint)

Reliance Industries chairman Mukesh Ambani on Saturday announced an investment of Rs2,500 crore in Assam in various sectors, including retail, petroleum, telecom, tourism and sports, creating jobs for at least 80,000 people over the next three years.

“Today I am happy to announce five commitments for Assam over the next three years. Reliance will invest an additional Rs2,500 crore to augment its presence in this market,” he said at the inaugural function of the Global Investors Summit 2018 in Guwahati. Under this programme, the company will enhance its retail division’s outlet to 40 from existing two, while the number of petrol depots will be increased to 165 from the existing 27, he added.

“We are also going to open new offices in all 145 tehsil headquarters across Assam. Our approach has always been to create sustainable livelihood opportunities and have generated 20,000 jobs in Assam,” Ambani said.

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