Reliance’s Carbon Fibre Facility: A Step Towards ‘Green Growth’

In a significant announcement, billionaire Mukesh Ambani unveiled plans for Reliance Industries to establish India’s first world-class carbon fibre facility at Hazira, Gujarat. Speaking at the Vibrant Gujarat Summit, Ambani reaffirmed Reliance’s deep-rooted connection with Gujarat, emphasizing the company’s commitment to the state’s economic development.

Gujarat: A Hub for Reliance Investments

Ambani highlighted Reliance’s substantial investments in Gujarat, amounting to over USD 150 billion in the past decade alone. With a third of this investment directed towards Gujarat, Reliance has played a pivotal role in bolstering the state’s industrial infrastructure.

Pioneering Green Growth Initiatives

Expressing Reliance’s dedication to sustainability, Ambani pledged support for Gujarat’s ambitious goal to fulfill half of its energy requirements through renewables by 2030. The establishment of the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar underscores Reliance’s commitment to green manufacturing and job creation.

Accelerating 5G Deployment

Reliance Jio’s achievement of the fastest 5G infrastructure rollout globally highlights the company’s technological prowess and its contribution to India’s digital transformation.

Nurturing Future Champions

In collaboration with Reliance Foundation and other partners, Reliance aims to enhance Gujarat’s education, sports, and skills infrastructure to groom future Olympians. This initiative aligns with India’s aspirations to excel in various Olympic sports and showcases Reliance’s commitment to fostering talent at the grassroots level.

Vision for India’s Economic Growth

Ambani expressed confidence in India’s trajectory towards becoming a 35 trillion-dollar economy by 2047. He envisioned Gujarat playing a pivotal role in this journey, projecting the state to evolve into a 3-trillion dollar economy by 2047.

Ambani’s announcements underscore Reliance’s proactive stance towards sustainability, innovation, and economic empowerment. As Gujarat emerges as a key hub for Reliance’s transformative initiatives, the state is poised to spearhead India’s transition towards a greener and more prosperous future.