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Anil Ambani promises to invest Rs 60,000 crore in Madhya Pradesh

Indore: Reliance ADAG will invest Rs 60,000 crore in power, coal, cement and telecom businesses in Madhya Pradesh by 2020, its Chairman Anil Ambani said on Thursday.Speaking at the state government's mega investor conference, he
PTI October 09, 2014 16:32 IST
PTI

Indore: Reliance ADAG will invest Rs 60,000 crore in power, coal, cement and telecom businesses in Madhya Pradesh by 2020, its Chairman Anil Ambani said on Thursday.

Speaking at the state government's mega investor conference, he said Reliance ADAG has, over the past 5 years, invested in four key areas of coal, power, cement and telecom.

"The Group's total investment exceeds over Rs 30,000 crore in these 4 key areas in the state making Reliance Group by far the largest investor in the state," he said.

On Prime Minister's call for "Make in India", he said, "We are not only going to 'Make in India' but 'Make in Madhya Pradesh'."

"We are committing ourselves to double our investment in the state from current Rs 30,000 crore to Rs 60,000 crore by 2020 in our 4 key growth areas i.e. coal, power, cement and telecom.

"We commit ourselves to partner the state of Madhya Pradesh to become leading industrial state in the country," he said.

Our current operations employ over 25,000 people in the state.

We have an extensive social responsibility programme for the people of Madhya Pradesh, covering education, health, animal husbandry and many such other initiatives.

Over the past 10 years, the state of Madhya Pradesh has transformed and progressed to new heights under the dynamic leadership of Chief minister Shivraj Singh Chouhan, Ambani said.

"Chouhan is a third-time CM and the youngest Chief Minister in India. My personal congratulations to you for your visionary leadership in creating a record in the regional assembly," he added.: Reliance Group will invest Rs 60,000 crore in power, coal, cement and telecom businesses in Madhya Pradesh by 2020, its Chairman Anil Ambani said today.

Speaking at the state government's mega investor conference here, he said Reliance Group has, over the past 5 years, invested in four key areas of coal, power, cement and telecom.

"The Group's total investment exceeds over Rs 30,000 crore in these 4 key areas in the state making Reliance Group by far the largest investor in the state," he said.

"The Group's total investment exceeds over Rs 30,000 crore in these 4 key areas in the state making Reliance Group by far the largest investor in the state," he said.

On Prime Minister's call for "Make in India", he said, "We are not only going to 'Make in India' but 'Make in Madhya Pradesh'."

"We are committing ourselves to double our investment in the state from current Rs 30,000 crore to Rs 60,000 crore by 2020 in our 4 key growth areas i.e. coal, power, cement and telecom.

Our current operations employ over 25,000 people in the state.

We have an extensive social responsibility programme for the people of Madhya Pradesh, covering education, health, animal husbandry and many such other initiatives.

Over the past 10 years, the state of Madhya Pradesh has transformed and progressed to new heights under the dynamic leadership of Chief minister Shivraj Singh Chouhan, Ambani said.

"Chouhan is a third-time CM and the youngest Chief Minister in India. My personal congratulations to you for your visionary leadership in creating a record in the regional assembly," he added.: Reliance Group chairman Anil Ambani Thursday committed Rs.60,000 crore investment in Madhya Pradesh over the next 15 years, having already pumped in over Rs.30,000 crore in the state in four growth areas.

"We are committing ourselves to double our investment in the state from the current Rs.30,000 crore to Rs.60,000 crore by 2020 in our four key growth areas -- coal, power, cement and telecom," Ambani told the Global Investors Summit of the state government.

"Our current operations employ over 25,000 people in the state. We have an extensive social responsibility program for the people of Madhya Pradesh, covering education, health, animal husbandry and many such other initiatives."

Ambani also said taking an inspiration from Prime Minister Narendra Modi's call for "Make in India" mission, his group will go a step further with its own "Make in Madhya Pradesh" mission.