Guwahati: Reliance Industries Ltd (RIL) is set to build a luxurious seven-star Oberoi Hotel in Assam, RIL chairman and managing director Mukesh Ambani announced at the Advantage Assam 2.0 Investment & Infrastructure Summit in Guwahati on Tuesday (February 25). The initiative aims to boost Assam’s high-end hospitality sector.
Ambani highlighted Reliance’s growing investments in the state, stating, “In the 2018 summit, we committed ₹5,000 crore. Since then, we have invested over ₹12,000 crore in Assam. Over the next five years, we will quadruple this to ₹50,000 crore, focusing on five priority areas.”
Key Investment Plans by Reliance:
Digital & AI Infrastructure: Reliance will establish an AI-ready data center in Assam, benefiting students, doctors, farmers, and entrepreneurs.
Food & Consumer Goods Supply: A Mega Food Park will be set up to enhance Assam’s agricultural and horticultural produce.
Retail Expansion: Reliance Retail will double its store count in Assam from 400 to 800 within five years.
Cultural Heritage Promotion: Reliance Foundation will collaborate with the Assam government to support local arts, crafts, bamboo, and silk industries through its Swadesh initiative.
Reliance’s expansion aligns with its mission to drive Assam’s economic growth and technological transformation.
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Reliance to Build Seven-Star Oberoi Hotel in Assam, Plans ₹50,000 Crore Investment: Mukesh Ambani
ByNation Today- Team
Feb 25, 2025