Lucknow: Reliance Industries CMD Mukesh Ambani said at the UP Global Investor Summit that by December 2023, Jio will start 5G to cover every city and village in Uttar Pradesh. . Apart from this, Reliance plans to invest an additional Rs 75,000 crore in Jio, retail and renewable businesses in UP over the next four years, Mukesh Ambani said at the UP Global Investors Summit in Lucknow. This will create more than 1 lakh additional jobs. This year’s budget has laid the foundation for India to emerge as a developed nation. In this, maximum resources have been allocated to lay the foundation of the country’s development in the form of capital expenditure.
50,000 crore investment
Mukesh Ambani said that India is on a very strong growth path. Also, since 2018, Reliance has invested Rs 50,000 crore in Uttar Pradesh. With the new investment of 75 thousand crores, the total investment will be Rs 1.25 lakh crore. Mukesh Ambani believes that Uttar Pradesh will become a $1 trillion economy in five years. Also, Reliance will set up 10 gigawatts (GW) of renewable energy capacity in Uttar Pradesh, Mukesh Ambani said, making it the biggest ever renewable energy project in Uttar Pradesh. The company announced its entry into the bio-gas energy business in Uttar Pradesh.
Farmers also benefit a lot
Mukesh Ambani said that BioGas will not only improve the environment but will also greatly benefit the farmers. Along with this, Mukesh Ambani said that our farmers will not only be food providers but will also be energy providers. Along with this, Reliance announced two pilot projects, Jio-School and Jio-AI-Doctor, through Jio Platforms for affordable education and healthcare in villages and small towns of the state. Also, Mukesh Ambani expressed his intention to increase the sourcing of agricultural and non-agricultural products of Uttar Pradesh manifold. This will benefit farmers, local artisans, craftsmen, and small and medium enterprises. Mukesh Ambani also talked about bringing 5G in all the cities of Uttar Pradesh by the end of 2023.
