Reliance to Invest ₹75,000 Crore in North East Over Next Five Years

Reliance Industries has announced a significant investment plan for the North East region, aiming to more than double its previous investments over the next five years. Having already invested ₹30,000 crore in the region over the past four decades, the company now targets ₹75,000 crore in fresh investments. This ambitious move was revealed by Mukesh Ambani at the Rising Northeast Investors Summit, where he emphasized Reliance’s commitment to transforming the region’s economic landscape.

The investment will focus on expanding Jio’s network coverage, boosting Reliance Retail’s procurement, and establishing new factories to enhance local industries. Additionally, Reliance plans to increase solar power generation and contribute to making the North East a healthcare hub. Ambani highlighted that the company aims to replicate the growth seen in neighboring countries like Singapore and Malaysia, positioning the North East as a thriving economic center.

 

With this massive financial commitment, Reliance is set to play a pivotal role in the development and modernization of the region. The company’s initiatives will also include Olympic training centers to nurture sporting talent, further integrating the North East into India’s broader growth strategy. As the investment unfolds, industry experts anticipate a major economic boost, creating new opportunities and strengthening infrastructure across the region