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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.

Updated on: Feb 3, 2018, 14:28:49 IST
Press Trust of India, Guwahati | By
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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.

Mukesh Ambani, chairman and managing director of Reliance Industries, at the World Economic Forum in Davos. (Reuters File Photo)
Mukesh Ambani, chairman and managing director of Reliance Industries, at the World Economic Forum in Davos. (Reuters File Photo)

“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.

“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.

 
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Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
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