BIG move by Mukesh Ambani, Anant Ambani, will invest Rs 3.05 lakh crore, create 300000 job opportunities in THIS state

Reliance Industries Limited (RIL) has signed a Memorandum of Understanding (MoU) with the Maharashtra government to invest Rs 3.05 lakh crore in the state across key sectors like new energy, retail, hospitality, and high-tech manufacturing. This landmark investment is expected to generate 3 lakh job opportunities in Maharashtra, according to reports.

The MoU was signed during the World Economic Forum (WEF) in Davos. Speaking on the occasion, Anant Ambani, expressed pride in the agreement. He stated, “This MoU is a significant step towards building a New India under the visionary leadership of Prime Minister Narendra Modi. As India’s largest business group, Reliance is committed to contributing to Maharashtra’s economic growth.”

Ambani also lauded Maharashtra Chief Minister Devendra Fadnavis, praising his vision to make the state the gateway to India’s $5 trillion economy and transform it into the first $1 trillion state economy in the near future.

Chief Minister Fadnavis described the MoU as a "groundbreaking moment" for Maharashtra, which he called the "powerhouse of the Indian economy." The state has signed over 50 MoUs with various business groups at the WEF, including Tata Group, Ceat, Essar Renewables, and Olectra Greentech.

Key investments include Rs 30,000 crore by the Tata Group, Rs 8,000 crore by Essar Renewables, and Rs 15,300 crore by Powerin Urjaa in renewable energy. Maharashtra, already a leader in manufacturing, is now emerging as India’s data center hub, hosting 60% of the nation’s capacity.