Guwahati: Reliance Industries Chairman, Adani Group chairman Gautam Adani and Tata Group chairman Natarajan Chandrasekaran on Tuesday announced that their companies will make huge investments in Assam. The three business personalities made the announcements while attending Advantage Assam 2.0 business summit.
Reliance Industries chairman Mukesh Ambani said RIL will invest Rs 50,000 crore across five different verticals in Assam, which include green and nuclear energy, the supply chain of food and non-food products, and expanding the footprint of Reliance’s retail store.
“At the 2018 investment summit, I announced an investment of Rs 5,000 crore. Since then, the investments have crossed Rs 12,000 crore. This amount will quadruple and we will invest Rs 50,000 crore in the next five years,” Mukesh Ambani said.
Tata Group’s major investment in Assam
Tata group chairman Chandrasekaran assured investments in electronics manufacturing units in Assam and also committed to invest in solar and other renewable power generation.
“The Tata group has a long and significant association with Assam. Taking forward the group’s commitment towards the state, it will invest in another large electronics manufacturing unit soon,” Chandrasekaran said.
Gautam Adani announces Rs 50,000 crore investment in Assam
Speaking at the Advantage Assam 2.0 summit, Gautam Adani announced a Rs 50,000 crore investment in Assam over the years. The Adani Grop chairman said his company will invest to develop and build airports, aerocities, cement, and road projects.
“It is with great pride that I announce today the Adani group’s commitment to invest Rs 50,000 crore in Assam. Our investments will span across airports, aerocities, city gas distributions, transmissions, cement, and road projects,” Gautam Adani said.
JSW Group to invest Assam: Jindal
Meanwhile, JSW group chairman Sajjan Jindal assured investments in cement manufacturing, renewable, and thermal power sectors in Assam.
“When I used to visit as a kid, my grandfather would tell me tales of bravery about local legends. Now, when I return, I am glad to see the development taking place here,” he added.
Advantage Assam 2.0 business summit: Tata group, Reliance Industries and Adani Group assured heavy investments in Assam. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
