ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
  • Adani Saga
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Axis MF
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » Companies News

RIL plans Rs 60,000 crore integrated industrial area in Maharashtra

The event is Maharashtra’s first global  investors  summit, with an objective similar to the Prime Minister’s Make In India initiative.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
RIL plans Rs 60,000 crore integrated industrial area in Maharashtra
RIL plans to connect every gram panchayat, school, college and hospital in Maharashtra in the next two years. Image source: Reuters

Reliance Industries Ltd (RIL), India’s largest private sector enterprise, and its global partners will set up the country’s first integrated industrial area in Maharashtra with an investment of Rs 60,000 crore, RIL Chairman and Managing Director Mukesh Ambani said on Sunday, reported Livemint.
 
“Reliance, along with other global companies, will invest over Rs60,000 crore in the next 10 years in Maharashtra, which will be the first integrated industrial area in the country,” Ambani said on the opening day of the Global Investors’ Summit at Magnetic Maharashtra Convergence 2018 being held in Mumbai.
 
The event is Maharashtra’s first global investors summit, with an objective similar to the Prime Minister’s Make In India initiative.
 
According to the report, PM Narendra Modi, who inaugurated the Investors’ Summit, also laid the foundation stone for the Navi Mumbai International Airport where state-run City Industrial Development Corporation (Cidco) and the GVK Group are building the Navi Mumbai International Airport with an investment of Rs 16,700 crore.
 
The report also said that as part of establishing the integrated industrial area in Maharashtra, Ambani said that in the last couple of weeks, more than 20 global companies have already agreed to co-invest with Reliance. They include Cisco, Siemens, Corning, HP, Dell, Nokia and Nvidia.
 
“I firmly believe that what China could achieve with its manufacturing revolution, India can achieve much more—and much more quickly—with the businesses and services of the fourth industrial revolution,” Ambani added.
 
Livemint reported that through its telecom venture Reliance Jio Infocomm, RIL plans to connect every gram panchayat, school, college and hospital in Maharashtra in the next two years to bring the benefits of the digital revolution to the last person in society, Ambani said, adding that RIL has so far invested Rs 2,50,000 crore across India, of which the highest investment is in Maharashtra at Rs 22,000 crore.
 
“The fourth industrial revolution will help Maharashtra and India solve the most difficult problems in socio-economic development: in healthcare and education; in water security and environmental security; in boosting agriculture production; in making all our towns and cities smart, and also all our villages smart, in addition to generating new employment opportunities for the youth of Maharashtra, and the youth of India,” Ambani added.
 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
RILMukesh AmbaniReliance Jio InfocommCISCOSiemensCorningHPDellNokia
Written By: ZeeBiz WebTeam
Updated: Mon, Feb 19, 2018
04:29 pm
ZeeBiz WebDesk
RELATED NEWS
Reliance Jio Q3 Results: Net profit jumps 28.3% to Rs 4,638 crore Reliance Jio Q3 Results: Net profit jumps 28.3% to Rs 4,638 crore
Reliance Q3 Results 2023: RIL's net profit drops 15% YoY in December quarter to Rs 15,792 crore Reliance Q3 Results 2023: RIL's net profit drops 15% YoY in December quarter to Rs 15,792 crore
Reliance Jio Q1 net profit rises 24% to Rs 4,335 cr as tariff hikes boost realisations Reliance Jio Q1 net profit rises 24% to Rs 4,335 cr as tariff hikes boost realisations
Pandemic-hit 2021 sees top companies' valuation rise 68%: Report Pandemic-hit 2021 sees top companies' valuation rise 68%: Report
Mcap of 6 of top-10 valued companies jump more than Rs 1.18 lakh cr Mcap of 6 of top-10 valued companies jump more than Rs 1.18 lakh cr

LATEST NEWS

With India AI Policy, we are assembling one of world's highest quality and most diverse dataset programs: Rajeev Chandrasekhar ​

Jerome Powell promises to keep banking system safe as FOMC delivers second back-to-back 25-bps rate hike

Aadhaar-PAN Link: How to link Aadhaar with PAN online - check last date, fees, penalty

CCL 2023 Semi Final Live Streaming: When and where to watch Celebrity Cricket League Live match on TV, Online and Apps

Good news for train travelers: Indian Railways to cut fares of AC 3-tier class tickets

Padma Awards: Industrialist Kumar Mangalam Birla, late stock market investor Rakesh Jhunjhunwala awarded

Delhi weather today: IMD predicts rain for next few days - check full forecast here

Vande Bharat Express Chennai to Coimbatore: PM Modi to flag-off train on April 8

Union minister Nitin Gadkari to visit Jamshedpur on March 23 to inaugurate road projects

Reserve Bank Governor Shaktikanta Das calls for augmenting computing infrastructure of RBI

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. Indiadotcom Digital Private Limited. All Rights Reserved.
LIVE TV