New Delhi, Feb 5 (UNI) Billionaire industrialist and Reliance Group promoter Mukesh Ambani on Wednesday said his group will double the investment in West Bengal to Rs 1,00,000 crore by the end of this decade from Rs 50,000 crore now.
Addressing Bengal Global Business Summit in Kolkata, Ambani said Bengal’s strategic location and fast improving physical infrastructure gives the state and enviable edge.
But the biggest asset of Bengal is it’s people – over 100 million hard working, extremely talented and highly cultured people.
In the emerging era of Knowledge Economy, your state has a special advantage because Bengal was always been a land of super-intelligent people, he said, adding when natural intelligence is enhanced by the capabilities of AI, there is noway that Bengal can fail.
In 2016, when “I first attended this summit, Reliance’s investment stood below Rs 2,000 crore. Today in less than decade, our investment in Bengal have increased 20 times, and we are invested over Rs 50,000 crore.”
Addressing the CM of West Bengal as Mamata Didi, he said “we shall double this investment by the end of this decade. More importantly, our investments have created over one lakh jobs and spurred significant economic growth in WB.”
As we speak, Ambani said, it’s Telecom arm Reliance Jio is also building Bengal’s first cable landing station in Digha, so that we have Fiber connectivity directly into West Bengal.
It will be commissioned early next year and will become a gateway for Bengal ‘s digital leadership in Eastern India.
Turning to Reliance Retail, he said we operate a network of over 1300 stores in the state. “We plan to expand our network to 1,700 stores in the next 3 years.”
Similarly he also talked about his other businesses and expansion in the state over next few years.
He showered praise on the state Chief Minister saying “with Didi at the helm, the business community receives a red-carpet treatment in Bengal.”
