Jio proceeds with AP growth story now
RIL Chairman Mukesh Ambani hopes for a successful state partnership in Andhra Pradesh via its investments coming up in the state.
Speaking in the Advantage Andhra Pradesh-2023 summit in the prime business town of the state, Vishakhapatnam, Mukesh Ambani said, ”Andhra Pradesh is blessed with the gift of abundance, abundant fertile land, abundant natural resources, abundant talent, and abundant heritage. From the pristine beaches of Vishakapatnam to the rich and green plains of Godavari and Krishna, from the splendours of the Vijayanagar Empire to the lofty and sacred hills of Tirumala. Three more strengths have made Andhra Pradesh more wonderful in modern times.”
Pointing out towards the three inherited elements of Andhra Pradesh which strengthen the growth of the state the Reliance chief said, ”First, the incredible strength of its entrepreneurs especially in the areas of Infrastructure and Pharmaceuticals. Second, the enormous strength of Andhra’s diaspora. Globally, some of the best professors, scientists, engineers, doctors and professionals are from Andhra Pradesh.I , at Reliance Industries, am blessed to have some of my best professional managers in Reliance from Andhra Pradesh.And third, the growth of the Blue Economy in the coming decades will open up an ocean of new opportunities for Andhra Pradesh. Andhra Pradesh has the second longest coastline in India, it can prosper greatly by harnessing renewable ocean energy, seabed minerals, marine biotechnology and so on.”
During his significant speech, Mukesh Ambani did not forget to give credit of Indian growth story to the Karmyogi Prime Minister of India Narendra Modi. He said, ”Under the determined and farsighted leadership of our Prime Minister Shri Narendra Modi, India has now become the fastest-growing large economy in the world. Similarly, Andhra Pradesh has grown phenomenally under your visionary and youthful leadership. Be it economic growth of ease of doing business, the state today ranks among the best in India.”
Congratulating the state CM and all the officials of the Government of Andhra Pradesh, Reliance boss said, ”There is energy, enthusiasm and ambition among the youth. There is hope, optimism and dynamism among the business community. And there is an all-pervasive confidence that Andhra will emerge as a leading player in New India’s growth story.”
Specifying the Reliance significance in Indian business horizon as well as in the state, Mukesh Ambani held that Reliance has been among the first corporates to believe in the stupendous economic potential of Andhra Pradesh. It is here that our Oil & Gas Exploration team found gas in 2002.
Elaborating the company’s contribution in India story of successful growth Mukesh Ambani also mentioned how deeply Reliance is invested in the Andhra story too. He continued saying, ”We have invested over a 1,50,000 crores in our KG-D6 assets, developing and supporting gas pipeline. Today, the natural gas produced by Reliance at the KG-D6 basin is fuelling India’s clean energy transition and will contribute to nearly 30% of India’s gas production. This is just an example of how important Andhra is to the India story. And how deeply Reliance is invested in the Andhra story.”
Talking about Jio, the Reliance Chairman did not mince words and said ”With Jio we are creating the largest and the best digital network footprint in the state by investing over 40,000 crores. Our 4G network covers 98% of Andhra Pradesh’s population, including those living in the remotest corners of the state. The rollout of Jio’s True 5G will be completed before the end of 2023 throughout India, including your state of Andhra Pradesh.”
Mukesh Ambani announced that Jio’s True 5G, is going to trigger a new wave of digital revolution in Andhra Pradesh, benefiting every sector of the economy. This will also create large-scale business and employment opportunities for the people of Andhra Pradesh.
Talking about Reliance Retail, the RIL supremos says, it has catalysed a retail revolution in Andhra Pradesh. It has partnered with more than 1.2 lakh kirana merchants across 6,000 villages of Andhra Pradesh, equipping them with tools needed to thrive and succeed in the digital age. Through its presence, Reliance Retail has created over 20,000
direct jobs and a large number of indirect jobs in Andhra Pradesh. But the best is yet to come.
Mukesh Ambani further said that Reliance Retail will source significantly more agri and agro-based products and manufactured goods from Andhra Pradesh for sale all over India. Apart from increasing the income of farmers, artisans and others, this will directly create over 50,000 livelihood opportunities in the state. He also mentioned about the contribution of the Reliance Foundation which is working with great passion and vigour in the areas of education, healthcare and rural transformation.
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Other than state Chief Minister Jagan Mohan Reddy, the function witnessed the presence of distinguished dignitaries and Ministers from the Government of Andhra Pradesh. along with top tycoons from the business industry.
