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Reliance to make Gujarat pioneer in circular economy: Mukesh Ambani

10 Jan '24

2 min read

Mukesh Ambani, chairman and managing director of Reliance Industries Limited, at Vibrant Gujarat Summit 2024. Pic: @VibrantGujarat/X (formerly Twitter)

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At the 10th Vibrant Gujarat Summit 2024, Mukesh D Ambani announced Reliance Industries Limited's plans for Gujarat's future.
Key initiatives include making Gujarat a leader in new materials, circular economy, and green growth.
This includes India's first carbon fibre facility in Hazira and the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar.

At the 10th Vibrant Gujarat Summit 2024, Mukesh D Ambani, chairman and managing director of Reliance Industries Limited (RIL), outlined a transformative vision for Gujarat's future. One of the most notable announcements was Reliance's commitment to make the Indian state of Gujarat a pioneer in new materials and the circular economy. This initiative includes the establishment of India's first world-class carbon fibre facility at Hazira.

In his address, Ambani emphasised Reliance's ongoing role in bolstering Gujarat's growth, with substantial investments planned for the next decade. A significant part of this plan is to position Gujarat as a global leader in green growth. In alignment with this goal, Reliance is in the process of establishing the Dhirubhai Ambani Green Energy Giga Complex on 5,000 acres in Jamnagar. This complex is not only expected to generate numerous green jobs but also aims to make Gujarat a leading exporter of green products.

Further solidifying its commitment to the state, Reliance's Retail division plans to enhance its mission of delivering quality products while empowering lakhs of farmers and small merchants. This initiative is set to improve the quality of life across Gujarat households.

Moreover, Ambani highlighted Reliance Jio's achievement in completing the world's fastest rollout of 5G infrastructure, making Gujarat fully 5G-enabled and setting the stage for it to become a global leader in digital data platforms and AI adoption.

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