Mukesh Ambani's Reliance bets ₹50,000 cr on Assam’s rise as India’s next industrial powerhouse

Reliance Industries Chairman Mukesh Ambani has announced a ₹50,000 crore investment in Assam over the next five years, marking one of the company’s largest commitments in the state. Speaking at the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati, Ambani outlined Reliance’s vision for Assam, focusing on artificial intelligence, clean energy, food and consumer goods, retail expansion, and luxury hospitality.

Ambani said Reliance would establish an AI-ready data centre in Assam to enhance digital connectivity and support AI-assisted education, healthcare, and agriculture. He noted that Assam was already 5G-enabled, thanks to Jio, and the company would continue investing in digital infrastructure to drive innovation and employment in the region. In the energy sector, Reliance plans to build two world-class Compressed Biogas (CBG) hubs on wastelands in Assam, capable of producing eight lakh tonnes of clean biogas annually—enough to fuel two lakh passenger cars every day, Ambani said. The company is also exploring opportunities in nuclear energy under the government’s new policy allowing private participation.

Reliance aims to strengthen Assam’s position as a food and consumer goods hub by setting up a Mega Food Park to add value to the state’s agricultural and horticultural produce. Ambani said Reliance had already established a bottling plant in Assam for Campa Cola and its packaged water brand, Independence. Retail expansion is another key focus, with plans to double the number of Reliance Retail stores in Assam from the existing 400 to 800 within the next five years.

He also announced plans for a seven-star Oberoi hotel in Assam, signalling the company’s commitment to boosting tourism and making the state a premium destination. "These investments will create tens of thousands of jobs and solidify Assam’s role as a rising industrial and technological hub," Ambani said.

Reiterating Reliance’s long-term commitment to Assam’s growth, Ambani called the state’s potential “limitless” and assured continued support in its journey to becoming a global economic powerhouse.