Mukesh Ambani pledges ₹7 lakh crore to transform Gujarat into a global green energy and AI hub
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Reliance Industries chairman Mukesh Ambani on Sunday announced a massive doubling of the conglomerate's investment in Gujarat, pledging ₹7 lakh crore over the next five years. Speaking at the Vibrant Gujarat Regional Summit in Rajkot, Ambani framed the investment as a "Sankalp" (vow) to move the state from potential to performance.
This capital infusion follows an investment of ₹3.5 lakh crore over the previous five-year period (2021–2026). The new roadmap also reflects Reliance’s pivot toward a future-ready green and digital economy, moving away from its legacy hydrocarbon-heavy roots.
Addressing a distinguished gathering that included Prime Minister Narendra Modi, Gujarat CM Bhupendra Patel, and top industry leaders, Ambani spoke about five "firm commitments" to the state:
Investment at unprecedented scale
Pledging ₹7 lakh crore to drive exponential employment and create "greater sampatti (wealth) for every Gujarati and every Indian".
Global leadership in clean energy
Transforming Jamnagar into the world's largest integrated clean energy ecosystem, spanning solar, battery storage, green hydrogen, and sustainable aviation fuels.
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Establishing a multi-gigawatt utility-scale solar project to deliver round-the-clock clean power through advanced grid integration.
National AI pioneer
Building India’s largest AI-ready data center in Jamnagar and launching the "Jio Intelligence Platform"—a people-first initiative to provide affordable AI services in local languages.
Olympic & social infrastructure
Supporting India’s bid for the 2036 Olympics by partnering with the state to manage the Veer Savarkar Multi-Sports Complex, alongside expanding world-class healthcare and education in Saurashtra.
"India has the invincible protective wall called Narendrabhai Modi," Ambani said during his speech. "Under the Prime Minister’s leadership, India is not just preparing for the future; India is shaping it".