Business

Mukesh Ambani Pledges Support For TN’s Growth Via Video Message At 2024 Global Investors Meet

The Tamil Nadu Global Investors Meet of 2024 was marked by the absence of Shri Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, due to ‘unavoidable’ circumstances. However, his message, delivered through a video, echoed the spirit of collaboration and progress that Reliance has fostered in Tamil Nadu.

Acknowledging Tamil Nadu’s rich cultural heritage and its flourishing strides in industry, agriculture, and services, Shri Ambani lauded the state’s evolution into a significant contributor to India’s progress. Under the leadership of Chief Minister M K Stalin, Tamil Nadu has emerged as one of the most ‘business friendly’ states in the country. Consequently, Ambani believes that the state is poised to achieve the ambitious milestone of becoming a trillion-dollar economy.

Highlighting Reliance’s integral role in Tamil Nadu’s growth story, Ambani revealed the company’s substantial investments and partnerships within the state. Reliance has established close to 1,300 retail stores, injecting over Rs. 25,000 crores into the local economy. Additionally, Jio, a subsidiary of Reliance, has invested over Rs. 35,000 crores, enabling 35 million subscribers across towns and villages in Tamil Nadu to access the digital revolution.

He also mentioned that a significant achievement was celebrated with the completion of the fastest 5G rollout globally by Jio in December. This technological leap promises to usher in a new era for Tamil Nadu, harnessing the potential of artificial intelligence and other fourth-industrial revolution technologies to accelerate the state’s economic growth.

Ambani further added that in collaboration with international partners, Reliance is set to inaugurate a cutting-edge data center in the state, a joint effort with Canada’s Brookfield Asset Management and US-based Digital Realty. This state-of-the-art facility is a testament to Reliance’s commitment to advancing Tamil Nadu’s technological infrastructure.

Looking towards the future, Shri Ambani outlined Reliance’s dedication to investing in renewable energy and green hydrogen initiatives in Tamil Nadu. Emphasizing the urgency of sustainable development in combating the climate crisis, he expressed confidence in the state government’s support for Reliance’s forthcoming endeavors, underpinned by viable policies.

In conclusion, Shri Ambani extended his best wishes for the success of the summit, underscoring Reliance’s unwavering commitment to Tamil Nadu’s growth trajectory while promoting sustainable development for the benefit of the state and the planet as a whole.

Also Read: Congress Prepares Stage For Lok Sabha Polls 2024: Sets Up Election Committee For Eight States

Bharat Express English

Recent Posts

Hina Khan Hails 11 Years Of PM Modi’s Leadership; Highlights National Progress

As the nation marks 11 years under PM Modi's leadership, actress Hina Khan shares her…

4 hours ago

Subhash Ghai Hails PM Modi’s Transformative Vision For India

Subhash Ghai has praised PM Narendra Modi’s leadership for catalysing India’s growth and changing the…

5 hours ago

India & Central Asia Boost Rare Earth Cooperation At Delhi Meet

India and five Central Asian nations have agreed to deepen cooperation on rare earths and…

5 hours ago

PM Modi’s Beej Se Bazaar Tak Vision Reshapes Indian Agriculture

Prime Minister Modi has redefined Indian agriculture with the ‘Beej Se Bazaar Tak’ vision, transforming…

6 hours ago

EV Sales Cross 4% Mark In May; Signalling Steady Shift To Green Mobility

EV sales topped 4% of passenger vehicle retail in May 2025, signalling growing demand for…

6 hours ago

Self-Reliant Defence Industry Marks India’s Strategic Security Ascent

One year into Modi 3.0, reforms have reduced poverty, strengthened defence, and accelerated the digital…

6 hours ago