Reliance group to invest Rs. 46 thousand crore in MP

About 70 thousand people to get jobs

Reliance group chairman Mr. Anil Ambani meets CM

lead23.10.15Bhopal, October 23, 2015 (Muslim Saleem):  Reliance Group will invest about Rs. 46 thousand crore in Madhya Pradesh in defence, information technology, electronics manufacturing and energy sectors. This was informed by Reliance Group Chairman Mr. Anil Ambani during a meeting with Chief Minister Mr. Shivraj Singh Chouhan here today. The Chief Minister said that every possible effort is being made to promote investments in the state. Investment-friendly policy has been implemented. Special attention is being paid to increase job opportunities along with promotion of industries. Investors will not be allowed to face any difficulty in the state. Mr. Ambani said that Madhya Pradesh has become growth centre now. Reliance Group will invest in defence production sector at Pithampur and Bhopal. Integrated Land System Defence Manufacturing Hub will be developed at Pithampur and Rotary Wing Helicopter Manufacturing Unit at Bhopal.About Rs. 6000 crore will be invested in energy and defence production sectors. Global level data storage centres will be set up by the Group in the state in information technology sector. For this, Rs. 1500 crore will be invested at Pithampur. The group will set up a unit at Pithampur to produce ingut and polysilicon required to manufacture solar panels at a cost of Rs. 27 thousand crore.

The Group will expand Sasan power project with an investment of about Rs. 12 thousand crore. These projects will generate about 70 thousand direct and indirect jobs. He also gave proposal to start campus of management institute ISB at Bhopal. Reliance Group has already invested Rs. 35 thousand crore in cement, telecom and financial services sectors in Madhya Pradesh giving jobs to large number of people. Reliance Group has chosen 400 acre land at Pithampur and 70 acre at Bhopal.