Reliance Industries to invest Rs 3000 more in Odisha

Bhubaneswar: Reliance Industries Limited Chairman Mukesh Ambani has decided to invest Rs 3000 crore in Odisha.

Ambani has already invested Rs 6000 crore earlier. He said, "For Reliance, Jio is not just another business. Jio has connected all cities and towns, and 43 thousand villages in Odisha."

The company will invest this sum over a period of three years in various businesses in Odisha, however most of the investments will be focused towards creating Jio network.

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Ambani at the Make in Odisha Conclave 2018 organised in Bhubaneswar said, "Today, Reliance has emerged as one of the largest investors in the State in the last few years. And, today, I am committing to invest an additional Rs 3,000 crore in our new businesses in Odisha."

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What else Ambani said:

- For Reliance, Jio is not just another business. It is a mission to transform India to transform Odisha. We have created sustained new employment opportunities both direct and indirect to over 30,000 people in the state.

- With Jio GigaFiber, we have now begun an ambitious push in fixed broadband through fiber-to-the-home.

- Our aim and resolve is to ensure that India rises from the present 135th rank to be amongst the top three nations in fixed broadband within the next three years.

- Since Reliance Jio commenced operations a little over two years ago, India has moved from 155th rank in mobile broadband penetration to being the number one nation in mobile data consumption in the world.

- The group is taking another step to propel Odisha further into the digital future.

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