I have come from the city of the Gateway of India to the gateway of modern India’s growth: Ambani

Ambani was speaking at the three-day Vibrant Gujarat Global Summit being held in Gujarat.

Hailing Gujarat as the gateway of modern India’s growth, entrepreneur and Reliance Industries chairman Mukesh Ambani on Wednesday said that he was ready to commission India’s first and world-class carbon fibre facility at Hazira in Gujarat, in second half of 2024.

Ambani also praised Prime Minister Narendra Modi, calling him the most successful Prime Minister in India’s history who was instrumental in transforming the state.

• Reliance has invested over $150 billion dollars ( Rs 12 Lakh Crores) in creating world-class assets and capacities across India in last 10 years, of this more than 1/3rd has been invested in Gujarat alone: RIL chief
• Gujarat alone will be a USD 3 trillion economy by 2047and no power can stop India from becoming 35 trillion economy by 2047
• Reliance will always remain a Gujarati company
• I am ready to commission India’s first and world-class carbon fibre facility at Hazira in Gujarat, in second half of 2024

“I have come from the city of the Gateway of India to the gateway of modern India’s growth – Gujarat. I am a proud Gujarati. When foreigners think of a new India, they think of a new Gujarat. How did this transformation happen? Because of one leader, who has emerged as the greatest global leader of our times,” Ambani said, referring to PM Modi as “the most successful PM in India’s history.”

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He added that Reliance was, is and will always remain a Gujarati company. “Gujarat alone will be a USD 3 trillion economy by 2047. No power can stop India from becoming 35 trillion economy by 2047,” Ambani told the crowd of investors in attendance at the summit.

He elaborated on how India’s Prime Minister makes impossible possible – ‘Modi hai to mumkin hai’ and said that the slogan finds resonance in the global audience and they agree. Remembering his father Dhirubhai, Mukesh Ambani said,  “Each Reliance business is striving to fulfill the dreams of my 7 crore fellow Gujaratis”, he said.

“Reliance has invested over $150 billion dollars ( Rs 12 Lakh Crores) in creating world-class assets and capacities across India in last 10 years, of this more than 1/3rd has been invested in Gujarat alone,” Ambani added.

He said Reliance will contribute to making Gujarat a global leader in green growth. “We will help Gujarat’s target to meet half of its energy needs through renewables by 2030.”

Reliance started building the Dhirubhai Ambani Green Energy Giga Complex over 5,000 acres in Jamnagar. This will generate a large number of green jobs and enable production of green products and materials that will make Gujarat the leading exporter of such goods and the company is ready to roll this out in the second half of 2024 itself, he said.

For India’s bid for 2036 Olympics, Reliance and Reliance Foundation will join forces with several other partners in Gujarat to improve the education, sports and skills infrastructure that will nurture the champions of tomorrow in various Olympics sports, he said.

In conclusion, Ambani recalled that the Prime Minister used to say that ‘Gujarat Development for Development of India’, now as ‘Prime Minister your mission is India’s development for global growth. You are working on the mantra of global good and making India the world’s growth engine. Story of your journey from Gujarat to the Global Stage in just two decades is nothing short of a modern epic’, he said. He further added that “today’s India is indeed the best time for the young generation to enter the economy, to innovate and to provide ease of living and ease of earning to 100s of millions of people. The coming generations will be thankful to the Prime Minister for being both a nationalist and and an internationalist. You have laid a solid foundation for Viksit Bharat.”