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Vedanta invests additional ₹30,000 crore
Financial Express Kochi
|May 24, 2025
VEDANTA GROUP ON Friday announced an investment of ₹80,000 crore in the north-east region targeting energy and infrastructure development.
OIL-TO-TELECOM CONGLOMERATE RELIANCE Industries will invest ₹75,000 crore in north-eastern states in setting up 350 biogas plants, expanding its telecom services, retail footprint, and clean energy projects, chairman Mukesh Ambani said on Friday.
Speaking at the Rising NorthEast Investors Summit, Reliance Industries chairman and managing director said his group will invest in factories for high-quality FMCG products in the region and setting up a 150-bed cancer hospital in Manipur.
"Reliance has invested around ₹30,000 crore in the region in the past 40 years. In the next five years, we will more than double our investments, with our target at ₹75,000 crore," he said. This will create over 2.5 million direct and indirect employment opportunities.
Ambani said he is making six commitments to the chief ministers of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura.
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