Reliance chairman Mukesh Ambani announced an investment of Rs 2,500 crore in Assam today. The investment will be in retail, petroleum, telecom, tourism and sports sectors. It is hoped to create 80,000 jobs in the next 3 years.
At an inaugural function of the Global Investors Summit 2018, he said, "Today I am happy to announce five commitments for Assam over the next three years. Reliance will invest an additional Rs 2,500 crore to augment its presence in this market."
Its retail outlets will be increased from 2 to 40 and petrol depots will be increased from existing 27 to 165 in Assam under this programme.
He also said that Reliance had become the largest private sector investor in Assam with Rs 5,000 crore investment in the past few years.
Inputs from PTI