Mukesh Ambani’s big announcement, Reliance Industries will invest 20 thousand crore rupees in West Bengal

Reliance Industries: The 7th Bengal Global Business Summit is underway in Kolkata, the capital of West Bengal. Here, State Chief Minister Mamata Banerjee today announced the Green Hydrogen Policy to promote biofuels. India’s largest company Reliance Industries Chairman Mukesh Ambani has announced an investment of 20 thousand crore rupees in West Bengal in this Global Business Summit. This investment will be made over the next three years. Mukesh Ambani said, “Reliance will leave no stone unturned in the development of Bengal. So far Reliance has invested around Rs 45,000 crore in Bengal. We will invest another Rs 20,000 crore in the next 3 years.”

This is the plan of Reliance Jio for West Bengal.

Mukesh Ambani, the richest man in Asia and the country, said that this investment of Rs 20,000 crore will be made in telecom, retail and bio-energy sectors. “We are taking 5G to every corner of the state, especially connecting rural Bengal,” Mukesh Ambani said. Jio True 5G network has reached most parts of Bengal and we have covered most parts of Bengal. Jio’s network covers 98.8 percent of the state’s population and 100 percent of the population in the Kolkata telecom circle. Jio’s robust network will boost employment in West Bengal as well as education, healthcare and agriculture in a big way.

Green hydrogen policy to scale up biofuels in WB

Reliance Industries, India’s largest bioenergy producer, will set up 100 compressed biogas plants over the next three years. 5.5 million tonnes of agri-waste and bio-waste will be used in these plants. This will help reduce carbon emissions by around 2 million tonnes and produce 2.5 million tonnes of bio-fertilizer annually. Mukesh Ambani said that we will help farmers to set up energy plantations on a large scale, so that they can become energy providers along with food providers and also increase their income.

Reliance Retail also has a major expansion plan in West Bengal.

Reliance Retail plans to open around 200 new stores in West Bengal over the next two years. Currently around 1000 Reliance stores are operating in Bengal, which will increase to 1200. Mukesh Ambani said that hundreds of small and medium traders and around 5.5 lakh grocery shopkeepers of Bengal are involved in our retail business. They will benefit from the opening of new stores. “Through Reliance Retail, we are taking these brands across the country,” he said, referring to many local brands in Bengal like Prabhuji, Makhruchak, City Gold, Bisq Farm.

These major works are being run by Reliance Foundation in West Bengal.

In his speech, Mukesh Ambani also mentioned the work being done by Reliance Foundation in West Bengal. Chief among these is the renovation of the famous Kalighat temple in Kolkata. Reliance Foundation is working on the renovation and beautification of this centuries old temple. Under the foundation’s ‘Swadesh’ initiative, India’s rich and diverse traditional arts and crafts are being promoted in India and globally. The Reliance Foundation in collaboration with the state government will set up a training institute for the young generation of artisans in Bengal. In addition, an agreement has been signed with ‘Biswa Bangla Corporation’ for the foundation to sell weavers, artisans and handicrafts products through Reliance’s retail channels.

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Stock market close: The stock market closed with strong gains, Sensex very close to 66000 and Nifty also closed with gains.

(tag to translate)Mamata Banerjee

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