Reliance Industries to invest Rs 10,000 crore in West Bengal

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Business tycoon Mukesh Ambani on Thursday said that Reliance Industries Limited (RIL) will invest Rs 10,000 crore in West Bengal.

“Our investments in West Bengal today stand at Rs 28,000 crore. This accounts for about one-tenth of our total investments in India so far. Now, we have firmed up our plan for a further investment of over Rs 10,000 crore,” he said at the 5th Bengal Global Business Summit.

Ambani said West Bengal is poised to be a leader in the 4th industrial revolution, and RIL will be its trusted partner in helping the state embrace the full-blown power of digital revolution.

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“Jio is in advanced stages of setting up its data centre in the state, which will be on par with comparable centres in the Silicon Valley, ” he said.

Reliance Retail operates 500 stores and 46 Petro Retail Outlets across 400 cities and towns of the state, Mukesh Ambani said.

“West Bengal is poised to become the logistics hub of the East with plans to attract investments of Rs 5,000 crore by 2020. This can create direct and indirect jobs for 50,000 people,” he added.

 

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