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UP Investors' Summit 2018: Jio to invest Rs 100-bn in 3 years, says Ambani

Mukesh Ambani also mentioned that Jio has already created over 40,000 direct and indirect jobs in Uttar Pradesh

IANS  |  Lucknow 

UP Investors' Summit 2018, Jio, Reliance Jio, Mukesh Ambani
FILE PHOTO: Reliance Industries Chairman Mukesh Ambani

Reliance will invest another Rs 100 billion in Uttar Pradesh over the next three years, Limited Chairman said here on Wednesday.

"Today I am happy to inform this audience that is one of the largest investors in Uttar Pradesh with investments of over Rs 200 billion. is providing the highest quality data at the lowest price in the world to over 20 million citizens of Uttar Pradesh," Ambani said while addressing the Uttar Pradesh Investors' Summit 2018.

"I have come to Lucknow to assure the Prime Minister and the Chief Minister that Jio's Digital Revolution is here to make the maximum contribution to UP's development revolution," he added.

While talking about affordable handsets, JioPhone, Ambani said: "will make available over 20 million within the next two months on a priority basis."

He mentioned that has already created over 40,000 direct and indirect jobs in the state.

"will establish a Centre for the Fourth Industrial Revolution within the campus of a reputed university in Uttar Pradesh," Ambani added.

First Published: Wed, February 21 2018. 16:37 IST