In four years, Reliance would invest 75,000 crore rupees in Uttar Pradesh.

 In four years, Reliance would invest 75,000 crore rupees in Uttar Pradesh.

Mukesh Ambani stated at the UP Investors Summit that the telecom division of his group, Jio, will launch 5G services throughout the state by December 2023.

Ambani underlined Reliance's ambitions to enhance its reliance on a variety of locally produced agricultural and non-agricultural goods.

The telecom network in Uttar Pradesh would be expanded, including 5G services, by an investment of Rs 75,000 crore over the next four years, according to billionaire Mukesh Ambani.

On February 10, he stated during a speech at the UP Investors Summit that the telecom part of his firm, Jio, will launch 5G services throughout the state by the end of 2023.

He continued, "Jio Platforms will aid in the modernization of all sectors of trade and industry, agriculture, the social sector, and governance." India is deploying the fastest 5G network across the nation as we speak in 2023.

Ambani also discussed Reliance Retail's aspirations to transform "hundreds of kiranas" and small stores throughout UP so they may expand and make more money.

The businessman mentioned Reliance's aspirations to build 10 GW of renewable energy capacity, launch a bioenergy company in UP, and source a greater variety of agricultural and non-agricultural goods from the state.

Reliance Foundation, the business's charitable arm, will also keep working with partners and the government to transform lives and livelihoods in the state, he added.

Reliance would keep working for Uttar Pradesh, ji jaan se, he concluded.