Mukesh Ambani, the chairman of Reliance Industries Limited (RIL), has announced a plan to invest ₹50,000 crore in Assam over the next five years. At the Advantage Assam 2.0 Investment & Infrastructure Summit in Guwahati, Ambani stressed Reliance’s future-oriented attitude towards the state’s growth especially in the technology and digital fields.
This investment will lead to setting up of a state-of-the-art AI data centre, a mega food park and a seven-star Oberoi hotel, with an aim to make Assam the new hub of digital innovations. This was reported as Ambani saying that Reliance’s main objective would be to make Assam ‘tech ready and AI ready’ in its path to digitalization. He also mentioned that Jio has improved Assam’s telecom infrastructure and introduced 5G in the state.
This commitment from Reliance also includes establishing two Compressed Biogas (CBG) hubs in Assam, which will generate 8 lakh tonnes of eco-friendly biogas every year and can be used to run 2 lakh vehicles every day. Jio is expected to enhance Assam’s agricultural sector through the application of AI-enabled farming solutions for farmers and learning platforms for students.
Also, Reliance Retail has plans to open two-fold the number of its stores in India and set up 800 outlets over the next five years. Ambani also applauded PM Modi for changing the face of Assam and making it an essential part of India’s growth story, focusing on enhancing connectivity, technology, and the state’s economic significance.
