Reliance Industries Ltd will invest Rs 75,000 over the next four years to roll out 5G mobile services, expand its retail network and build renewable energy capacity in Uttar Pradesh, the company’s chairman Mukesh Ambani said on Friday. rice field.
Ambani also announced its entry into the bioenergy business of the oil-to-telecoms conglomerate. It converts agricultural waste into gas and uses it as fuel in industry, powers cars and fuels kitchen stoves. advertisement Speaking here at the Global Investor Summit 2023 in Uttar Pradesh, Ambani said his group will build 10 gigawatts of renewable energy capacity in the next 10 months and roll out his 5G services across the state.
I was. “Over the next four years, we plan to invest an additional Rs 75,000 in UP in Jio, retail and renewable energy sectors,” he said. “These new investments will create over 1,000 new jobs for him in the state,” he added. This investment will be in addition to the Rs 50,000 already invested in the state. Reliance Jio, the nation’s largest telecom company by subscribers, plans to complete his 5G rollout in all cities and towns in the state by December 2023.
Explaining that this will facilitate the modernization of all areas of business and industry, agriculture, social sector and governance, the company is piloting two new innovative initiatives, Jio School and Jio AI Doctor, to He said he plans to provide excellent education and health care at the most affordable prices. Road to villages and small towns in Uttar Pradesh.