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Home National Arunachal Pradesh

Mukesh Ambani’s commitments to Northeast: Rs 75K-cr investment, cancer care hubs, Olympic training centres

by Nav Jeevan
10 months ago
in Arunachal Pradesh, Assam, Atmanirbhar Bharat, Breaking News, Business, Capital Market, Delhi, Employment Opportunities, Energy, Health & Environment, Launchpad, National, OTHER STATES, Youth
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Mukesh Ambani’s commitments to Northeast: Rs 75K-cr investment, cancer care hubs, Olympic training centres

Reliance Industries Chairman and Managing Director Mukesh Ambani speaking at the 'Rising Northeast Investors Summit' in New Delhi on Friday-NE photo

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  • Salutes Prime Minister Narendra Modi for the resounding success of Operation Sindoor

 NE BUSINESS BUREAU

NEW DELHI, MAY 23

Reliance Industries will double its investment in the Northeastern states, bring artificial intelligence to all schools, hospitals and homes, and will enhance the generation of solar power in the region, said Chairman and Managing Director of the conglomerate Mukesh Ambani.

Ambani, speaking at the ‘Rising Northeast Investors Summit’ in Delhi, made six commitments for the Northeastern states. He also spoke of Operation Sindoor and lauded the armed forces.

Mukesh Ambani on Friday began his speech by saluting Prime Minister Narendra Modi for the resounding success of Operation Sindoor.

“Let me begin by saluting PM Narendra Modi for the resounding success of Operation Sindoor. This success is a shining testament to his steely resolve and to the unmatched bravery of our armed forces,” Mukesh Ambani said. PM Modi was also present at the summit.

Mukesh Ambani had earlier hailed the exemplary valour shown by the Indian armed forced during Operation Sindoor.

“Under the bold and decisive leadership of Prime Minister Narendra Modi, the Indian Armed Forces have responded with precision and power to every provocation from across the border. Prime Minister Modi’s leadership has demonstrated that India will never remain silent in the face of terror and that we will not tolerate a single attack on our soil, on our civilians, or on the brave men and women who defend our nation. The last few days have shown that every threat to our peace will be met with firm and decisive action,” the RIL chairman had said on May 8.

“Today I make six commitments to the Chief Ministers of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura,” he said at the summit.

The commitments as mentioned by Ambani are as follows:

  1. Reliance will more than double its investments in the region with a target of Rs 75,000 crore in the next five years. So far it has invested Rs 30,000 crore in the region in the past 40 years. Ambani said the investment would create over 2.5 million direct and indirect employment opportunities.
  2. Jio that has 90 per cent coverage with over 5 million 5G subscribers in the region, will double this number next year. “Jio’s priority will be to bring the revolutionary power of AI to all schools, hospitals, enterprises and homes,” said Mukesh Ambani.
  3. Reliance Retail will increase its procurement of staples, fruits, and vegetables that will boost the incomes of farmers. The company will also invest in factories for high-quality FMCG products and in the region’s artisan economy.
  4. Reliance will enhance the generation of solar power in the region, and convert the region’s vast wasteland into “wealth-land” by setting up 350 integrated compressed biogas (CBG) plants.
  5. Reliance Foundation will bring the “best of cancer care” to the Northeast. “To begin with, we have established a 150-bed comprehensive cancer hospital in Manipur. We are collaborating with Mizoram University on care of breast cancer using genomic data. In Guwahati, we have built an Advanced Molecular Diagnostics and Research Lab. It will be among the largest Genome Sequencing Capacities in India. We will help transform the North-East into a healthcare hub and research powerhouse,” he said.
  6. Reliance Foundation will set up Olympic Training Centres across the eight states to prepare future medal-winners.

 

 

 

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