Reliance AGM 2019: RIL Announces Big Investment Plan In Jammu & Kashmir

Aug 12 2019 03:40 PM
Reliance AGM 2019: RIL Announces Big Investment Plan In Jammu & Kashmir

Mumbai: Reliance Industries Chairman Mukesh Ambani has made several major announcements at the company's annual meeting on Monday. A number of other major policies, including Jio, oil sector, were announced. At the same time, Mukesh Ambani briefed on investment in Jammu and Kashmir and Ladakh. He said the company will also bear the full cost of education of the children of the CRPF personnel who were killed in the Pulwama terror attack.

Mukesh Ambani announced that in view of PM Narendra Modi's vision for Jammu and Kashmir and Ladakh, our company has decided to invest there. A Task Force has been set up for this purpose. We will soon announce our plan for investment there. Mukesh Ambani also said that a 5 trillion dollar economy is possible in the country and Reliance will play an important role in this.

Earlier, in his address to the nation, Prime Minister Narendra Modi had urged the industrialists of the country to come forward to invest in Jammu and Kashmir and Ladakh. Pm Modi had also invited Bollywood to come to Kashmir to shoot films. The Modi government has abolished Section 370 from Jammu and Kashmir, after which investment avenues have opened up for industrialists in the Valley.

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