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By EquityPandit

INDIA

Reliance to Invest Rs 50,000 Cr in Assam Over 5 Years

Ambani emphasised Reliance's vision to make Assam tech-ready and AI-ready.

Chairman Mukesh Ambani announced that Reliance Industries Limited (RIL) will invest over Rs 50,000 crore in Assam over the next five years at the Advantage Assam 2.0 Summit.

He recalled Reliance’s 2018 commitment of Rs 5,000 crore, noting that the company has already invested over Rs 12,000 crore in the state.

Ambani emphasised Reliance’s vision to make Assam “tech-ready and AI-ready,” calling its digital transformation a “noble and patriotic mission.”

He highlighted Jio’s role in modernising Assam’s telecom sector, making it “2G-mukt and 5G-yukt” (free from 2G and empowered with 5G), and expressed gratitude to the people for their support.

Praising PM Modi’s leadership, Ambani outlined four key advantages that have transformed Assam—development focus, rapid growth, enhanced connectivity, and technology-driven progress.

Confident about the state’s future, he stated that Assam, globally renowned for its tea, is set to become a “technological paradise” in the coming decades.

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