Reliance Industries invested Rs 45,000 cr investment in Bengal; Rs 25,000 cr more in next 3 yrs: Mukesh Ambani
Kolkata: Reliance Industries Chairman Mukesh Ambani Tuesday announced that the oil-to-telecom conglomerate has committed an investment of around Rs 45,000 crore in West Bengal, Moneycontrol reported.
Speaking at the inaugural ceremony of the 7th edition of the Bengal Global Business Summit (BGBS) in Kolkata, Ambani also revealed plans to infuse an additional Rs 20,000 crore into the state within the next three years, the report said.
Speech by Shri Mukesh D Ambani, Chairman & Managing Director, Reliance Industries Limited at the 7th Edition of Bengal Global Business Summit, Kolkata – 21st November 2023 pic.twitter.com/4v6GtSmNSR
— Reliance Industries Limited (@RIL_Updates) November 21, 2023
West Bengal Chief Minister Mamata Banerjee and prominent industrialists, participated in the inaugural ceremony of the summit.
This event holds significance as it is a major industrial initiative organised by the West Bengal government.
Addressing the gathering, Ambani reiterated Reliance Industries’ commitment to boost West Bengal’s growth.
He elaborated on the company's plans to bolster the state's development and outlined future investment plans in his remarks at the event.
“Reliance Foundation has taken up an ambitious project to renovate and restore the Kalighat temple in Kolkata. We are in the process of repairing the entire temple complex, including the centuries-old heritage structures,” he added, according to the report.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles
CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.
JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.
LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).
De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Latest News
Teen batter Vaibhav Suryavanshi slams record-breaking century in Australia
Priyanka Chopra looks stunning in traditionals during her visit to Kajol-Rani Mukerji's Durga Puja celebrations
Indian High Commission hosts ‘Startup Connect’ event for Bangladeshi innovators
Sangh stands as the embodiment of eternal national spirit: Modi on RSS' 100 years
