Will invest 75k crores in UP, state will become one trillion dollar economy- Mukesh Ambani

Lucknow: Mukesh Ambani, chairman of the country's largest company Reliance, has announced an investment of Rs 75,000 crore in Uttar Pradesh in the next four years. About 1 lakh new jobs are expected to be created with this investment. Speaking at the ''UP Global Investors Summit'' held in Lucknow, Mukesh Ambani claimed that UP will become a trillion-dollar economy within 5 years. 

He said that Reliance will set up 10 GW of renewable energy capacity in UP. This will be the biggest renewable energy project in the state so far. The company also announced a foray into the bio-gas energy business in the state. On this, Mukesh Ambani said that bio-gas will not only improve the environment, but farmers will also benefit a lot. 'Our farmers are not only food providers, but now they will also become energy providers.'

Reliance also announced 2 pilot projects Jio-School and Jio-AI-Doctor through Jio Platforms for affordable education and healthcare in the villages and small towns of the state. Along with this, Mukesh Ambani also expressed his intention to increase the sourcing of agricultural and non-agricultural products of the state manifold. This will benefit farmers, local artisans, craftsmen, and small and medium-scale industries. Mukesh Ambani also talked about rolling out 5G in all the cities of UP by the end of 2023.  

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