Reliance Industries chairman Mukesh Ambani on Wednesday expressed confidence that sustained double-digit growth is possible for India and thanked Prime Minister Narendra Modi for India's economic prosperity.
The RIL Chairman, speaking during a fireside chat with CNBC-TV18 alongside Jio BlackRock Chairman and CEO Larry Fink in Mumbai, said that the world is increasingly taking note of India.
Here are Mukesh Ambani's top quotes from the event:* The tree of the Indian economy is bearing fruit with great visibility, with sustainability and abundance.
* AI is real and it is hugely advantageous for India. We shouldn't get scared of AI. We have to embrace technology and not run away from it.
* We are not going to be behind the word when it comes to technological infrastructure.
* We've also had policy that was sustainable. We've continuity in policy. We have also been conservative.
* Sustained double-digit growth for India is possible; stable economic leadership defines a country.
* Every Indian village has 5G network better, cheaper than any other country.
* I can clearly see 100 new Reliances coming up in the country.
* The world is taking note of India.
* Larry (Fink) told me that at the end of the day, purpose of Blackrock is not to just make short term result or not even to make returns for my investors and my shareholders, if I cannot put this money to work first for the betterment of society and as a byproduct I give my investors and shareholders returns, then I would have done my job. And that is the Reliance philosophy too.
* I think that the Indian opportunity stands at $4.5 trillion in 20-30 year period will outgrow rest of world.
* In next decade, India will not be importing 80 percent its energy.
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