New Delhi: Mukesh Ambani, the visionary leader at the helm of Reliance Industries, announced an impressive commitment to West Bengal’s prosperity, pledging an additional ₹20,000 crore investment over the next three years. With an existing investment of nearly ₹45,000 crore, Reliance is poised to play a pivotal role in catalyzing Bengal’s growth.
In a spirited address at the Bengal Global Business Summit, Ambani expressed unwavering determination to propel Bengal’s ascent. Applauding Chief Minister Mamata Banerjee’s remarkable achievements he highlighted Bengal’s GDP growth rate of 11.5%, surpassing the national average. Ambani commended the tripling of tax revenue, a sevenfold increase in capital expenditure on agriculture, and the tenfold rise in small industry clusters.
Ambani’s enthusiasm for Bengal’s potential was contagious as he emphasized the state’s strategic significance. He declared Bengal as India’s gateway to South-East and Far-East Asia, envisioning it as a trillion-dollar economy in the making. India, under Ambani’s optimistic gaze, is on a trajectory to become a $10 trillion economy by 2030, securing its place as the world’s third-largest economy.
The business magnate also showcased Reliance Retail’s commitment to Bengal’s growth, revealing plans to expand its network to over 1200 stores within the next two years. This expansion, supporting hundreds of MSMEs, aligns with Ambani’s belief that Bengal boasts one of the lowest costs of doing business in India.
Ambani’s vision extends beyond commerce, as he unveiled plans for Reliance to spearhead the bio-energy revolution in India. The company aims to establish 100 compressed biogas (CBG) plants in Bengal over the next three years, leveraging agricultural residue and organic waste. This initiative not only promises to boost farmers’ incomes but also mitigate carbon emissions and produce organic manure on a massive scale.
Drawing parallels with renowned Asian Tigers like Singapore, Korea, and Taiwan, Ambani boldly proclaimed that Bengal, embodied by the fearless Royal Bengal Tiger, is on track to surpass them all in terms of economic growth and agility.
In essence, Ambani’s transformative vision for Bengal resonates as an irresistible call to witness the rise of an economic powerhouse, where Reliance’s strategic investments will be the catalyst for Bengal’s unprecedented success on the global stage.