Moneycontrol PRO
HomeNewsBusinessVibrant Gujarat Summit | RIL to help make Gujarat global leader in green growth, says Mukesh Ambani

Vibrant Gujarat Summit | RIL to help make Gujarat global leader in green growth, says Mukesh Ambani

Reliance expects to commission the Dhirubhai Ambani green energy giga complex, which is coming up on 5,000 acres in Jamnagar, in the second half of 2024, RIL chairperson has said

January 10, 2024 / 13:16 IST
Reliance has invested over $150 billion, or Rs 12 lakh crore, in creating world-class assets and capacities across India in last 10 years.

Reliance has invested over $150 billion, or Rs 12 lakh crore, in creating world-class assets and capacities across India in last 10 years.

Reliance Industries Limited will help Gujarat meet half of its energy needs through renewable energy by 2030 to make the state a global leader in green growth, RIL chairman Mukesh Ambani has said.

Speaking at the the inauguration of Vibrant Gujarat Summit on January 10, Ambani said Reliance invested more than $150 billion, or Rs 12 lakh crore, in creating world-class assets and capacities across India in the past 10 years. Of this, more than a third has been invested in Gujarat, he added.

To make Gujarat a leader in green growth, Reliance has started building the Dhirubhai Ambani green energy giga complex over 5,000 acres in Jamnagar.

Ambani said the complex would generate a large number of green jobs and enable production of eco-friendly products and materials and would make Gujarat a leading exporter of such products. The company expects to commission the energy complex in the second half of 2024.

Also read: Tata close to announcing new semiconductor fab in India's Gujarat

Ambani said Gujarat was fully 5G enabled, which would make the state a global leader in digital data platforms and artificial intelligence adoption. The 5G-enabled AI revolution would make Gujarat’s economy more productive, more efficient and more globally competitive, he added.

Follow our live blog for the latest on the Vibrant Gujarat Summit 

“Besides generating millions of new employment opportunities, it will produce AI-enabled doctors, AI-enabled teachers and AI-enabled farming, which would revolutionise healthcare, education and agricultural productivity in the state of Gujarat,” the RIL chairman said.

Reliance was also committed to making Gujarat a pioneer in new materials and circular economy. The company was setting up India’s first carbon fibre facility at Hazira to achieving the goal, he added.

Also read: Gautam Adani announces Rs 2 lakh crore investment

Showing confidence in Prime Minister Narendra Modi’s goal of making India a a 35 trillion-dollar economy by 2047, the 100th year of India's independence, Ambani said Gujarat alone would become a three-trillion dollar economy.

Earlier in the day, Modi kicked off the 10th edition of the Vibrant Gujarat Global Summit 2024. "Gateway to the Future" is the theme of the summit being held from January 10 to 12

Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Shubhangi Mathur
first published: Jan 10, 2024 12:05 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347