Reliance Group will invest Rs 60,000 crore in the power, coal, cement and telecom businesses in Madhya Pradesh by 2020, its Chairman Anil Ambani said today.
Speaking at the State Government’s mega investor conference here, he said Reliance Group has, over the past five years, invested in the four key areas of coal, power, cement and telecom.
“The Group’s total investment exceeds Rs 30,000 crore in these four key areas in the State, making the Reliance Group by far the largest investor in the State,” he said.
On the Prime Minister’s call for ‘Make in India’, he said, “We are not only going to ‘Make in India’ but ‘Make in Madhya Pradesh’”.
“We are committing ourselves to double our investment in the State from the current Rs 30,000 crore to Rs 60,000 crore by 2020 in our four key growth areas i.e. coal, power, cement and telecom.
“We commit ourselves to partner Madhya Pradesh to become a leading industrial State,” he said.
“Our current operations employ over 25,000 people in the State.
“We have an extensive social responsibility programme for the people of Madhya Pradesh, covering education, health, animal husbandry and many such other initiatives.
“Over the past 10 years, Madhya Pradesh has transformed and progressed to new heights under the dynamic leadership of Chief Minister Shivraj Singh Chouhan,” Ambani said.
“Chouhan is a third-time CM and the youngest Chief Minister in India. My personal congratulations to you for your visionary leadership in creating a record in the regional Assembly,” he added.
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