Guwahati (Assam), Feb 25: Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited (RIL), announced at the Assam 2.0 Summit that the company will invest over Rs 50,000 crore in Assam over the next five years. Speaking at the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati, Ambani reaffirmed Reliance’s long-term dedication to the state’s growth, particularly in the fields of technology and digital advancement.
“In the years to come, we will significantly increase our investment in Assam to exceed Rs 50,000 crore,” Ambani declared. He reflected on Reliance’s previous $5,000 crore commitment made during the 2018 summit, noting that the company has already invested more than Rs 12,000 crore in the state since then.
Ambani emphasized the company’s goal of ensuring that Assam is “tech-ready and AI-ready,” describing the digital transformation of the state as a “noble and patriotic mission.” He acknowledged Jio’s critical role in enhancing Assam’s telecom infrastructure, stating that it has transitioned from being “2G-mukt” to “5G-yukt” (free from 2G and enriched with 5G). He expressed his appreciation to the people of Assam for their enthusiastic support of Jio.
Commending Prime Minister Narendra Modi’s leadership, Ambani remarked that the summit’s theme, Advantage Assam, symbolizes the remarkable changes the state has experienced under Modi’s administration. He outlined four significant advantages that Modi has contributed to Assam.
“In the past 11 years, you have brought four unique benefits to Assam. The first is placing Assam and the entire Northeast at the heart of India’s development narrative. You have made over 70 visits to the Northeast, more than any past prime minister,” Ambani stated. He highlighted the second advantage: Modi’s new mantra for Assam—Act East, Act Fast, and Act First—indicating the state’s potential to attract attention from Southeast and East Asia as a growth hub.
Ambani identified the third advantage as an “unprecedented connectivity revolution” within Assam and the Northeast that transcends physical and digital links, encompassing both developmental and emotional ties with the rest of India. The most critical advantage, he noted, is the focus on technology as a fundamental driver of progress. Drawing a parallel to Assam’s esteemed reputation as a tea paradise, Ambani expressed optimism that the state will emerge as a “technological paradise” in the coming decades.
With Reliance’s substantial new investment pledge, Assam is set for considerable advancements in digital infrastructure, artificial intelligence, and overall economic development in the near future.