Mukesh Ambani at Advantage Assam: Reliance to create 80,000 jobs in the state | business news | Hindustan Times
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Mukesh Ambani at Advantage Assam: Reliance to create 80,000 jobs in the state

At the Advantage Assam Global Investors Summit in Guwahati, RIL chairman Mukesh Ambani said the company will enhance its retail division’s outlet to 40 from 2, while the number of petrol depots will be increased to 165 from 27.

business Updated: Feb 03, 2018 14:28 IST
Mukesh Ambani, chairman and managing director of Reliance Industries, at the World Economic Forum in Davos.
Mukesh Ambani, chairman and managing director of Reliance Industries, at the World Economic Forum in Davos.(Reuters File Photo)

Reliance Industries chairman Mukesh Ambani on Saturday announced an investment of Rs 2,500 crore in various sectors in Assam including retail, petroleum, telecom, tourism and sports. Speaking at the Advantage Assam Global Investors Summit in Guwahati, he said this move will create jobs for at least 80,000 people over the next three years.

“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,” he said at the inaugural function of the Global Investors Summit 2018.

Under this programme, the company will enhance its retail division’s outlet to 40 from existing two, while the number of petrol depots will be increased to 165 from the existing 27, he added.

“We are also going to open new offices in all 145 tehsil headquarters across Assam. Our approach has always been to create sustainable livelihood opportunities and have generated 20,000 jobs in Assam. We now target to increase the sustainable livelihood opportunities by five-fold to 1,00,000 jobs,” Ambani said.

Reliance Industries has become the largest private sector investor in Assam by putting in Rs 5,000 crore over the last few years, Ambani said.

In the tourism sector, the company’s CSR wing Reliance Foundation will partner with Assam government to set up a centre at an university to promote “wildlife protection and eco-tourism”, he added.

“In football, ISL is a huge success in Assam. We have decided to establish a top class football academy in partnership with Government of Assam to produce global players from the state,” Ambani said.

The company’s telecom arm ‘Jio’ has over 30 lakh users at present and aims to increase it manifold in the coming months, he added.