Reliance Group to invest Rs.60,000 crore in Madhya Pradesh

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Indore, Oct 9 (IANS) Reliance Group chairman Anil Ambani Thursday committed Rs.60,000 crore investment in Madhya Pradesh over the next 15 years, having already pumped in over Rs.30,000 crore in the state in four growth areas.

“We are committing ourselves to double our investment in the state from the current Rs.30,000 crore to Rs.60,000 crore by 2020 in our four key growth areas — coal, power, cement and telecom,” Ambani told the Global Investors Summit of the state government.
“We commit ourselves to partner the state of Madhya Pradesh to become the leading industrial state in the country,” the Reliance Group chairman said.
“Our current operations employ over 25,000 people in the state. We have an extensive social responsibility program for the people of Madhya Pradesh, covering education, health, animal husbandry and many such other initiatives.”
Ambani also said taking an inspiration from Prime Minister Narendra Modi’s call for “Make in India” mission, his group will go a step further with its own “Make in Madhya Pradesh” mission.

Last modified: October 9, 2014

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