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Mukesh Ambani vows add'l Rs 10k cr investment in UP


Lucknow, Feb 21: Terming contribution to Uttar Pradesh's development his patriotic duty, Reliance Industries chief Mukesh Ambani today promised investment of another Rs 10,000 crore through Jio in the next three years.

Mukesh Ambani vows add'l Rs 10k cr investment in UP

Speaking at the UP Investors Summit inaugurated by Prime Minister Narendra Modi, he said the investment will be over and above the Rs 20,000 crore Jio has already made in the state in rolling out high-speed 4G telecom venture. Emphasising on making Uttar Pradesh an 'Uttam Pradesh', Ambani said India cannot rise to its full potential without the rise of 22 crore people of the state.

He said India's most populous state can also become the most prosperous by embracing the prime minister's Digital India mission. The RIL chief also vowed full support to the 'Namami Gange' project. "I have a commitment...the Clean Ganga Mission is gathering momentum ...we at Reliance Foundation would deem it as our pious duty to contribute to the success of this mission and are ready to execute whatever part of the project is assigned to us," he said.

Promising to be a reliable partner of the people and government of UP, Ambani said he has come to the state to assure that Jio's digital revolution will make maximum contribution to UP's development, and announced four commitments in this regard including investment of another Rs 10,000 crore by Jio in the next three years.

The RIL chief said he wanted every youth in the state to be a smart youth and for this Jio will make available over 2 crore phones in the state in the next two months on a priority basis.

By 2018, Jio will be present in every village of UP. "Jio has already created over 40 thousand direct and indirect jobs in UP. Along with other businesses of RIL, Jio will create over one lakh new and sustainable livelihood opportunities in the next three years," Ambani said.

RIL will establish a Centre for the Fourth Industrial Revolution within the campus of a reputed university in UP, he said. Ambani also thanked Chief Minister Yogi Adityanath for inviting him to the summit.


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