UP Global Investors Summit: RIL to pump in Rs 75K cr, expand 5G by year-end

Reliance Industries (RIL) chairman Mukesh Ambani on Friday announced that his group would invest an additional Rs 75,000 crore in different sectors in Uttar Pradesh.

Addressing the inaugural ceremony of Uttar Pradesh Global Investors Summit (GIS) 2023 in Lucknow, Ambani said this fresh investment would create 100,000 new job opportunities in the state.

He said the fresh tranche of investment was in addition to Rs 50,000 crore that the Reliance Group had already committed to UP after 2018.

Earlier, Prime Minister Narendra Modi inaugurated the big- ticket GIS wherein the UP government claimed to have received investment proposals worth Rs 32 trillion.