KOLKATA: Reliance Industries Ltd (RIL) investments in West Bengal will double to Rs1 lakh crore (Rs1 trillion) by the end of the decade, Chairman Mukesh Ambani announced at the Bengal Global Business Summit on Tuesday.
This commitment marks a significant boost to the state’s economy and reinforces Reliance’s deepening presence in the region.
“In 2016, RIL investments in Bengal were below Rs2,000 crore. Today, they have grown 20 times to over Rs50,000 crore. We will double this by 2030,” Ambani said, adding that Bengal remains a key focus for Reliance’s expansion plans.
He emphasised the transformative impact of RIL investments, which have already created over one lakh direct jobs and spurred significant economic growth in the state.
Upcoming investments
The upcoming RIL investments will further accelerate this momentum, covering key sectors such as digital services, green energy, and retail.
“Reliance’s commitment to Bengal’s all-around development remains unwavering. The state is witnessing a Renaissance in economy and business, making this the best time to invest,” Ambani said.
He highlighted how Reliance’s presence has strengthened connectivity and commerce in Bengal, with Jio playing a pivotal role in the digital revolution.
Ambani also praised Chief Minister Mamata Banerjee’s leadership, stating that under her, Bengal “means business.” He congratulated the state government for its investor-friendly initiatives and expressed confidence in Bengal’s long-term growth prospects.
With this expanded investment plan, Reliance is set to play a crucial role in Bengal’s economic transformation, positioning the state as a hub for technology, energy, and retail innovation.
