Their discussion mainly focussed around RIL's interest in Punjab in various sectors like telecom, retail, agriculture, food processing and manufacturing in the state.
The chief minister met Ambani soon after his arrival in Mumbai, where he is scheduled to address CII's 'Invest North' meeting on Wednesday.
The two had a one-on-one meeting, followed by delegation level talks, during which RIL made a detailed presentation on Jio telecom service, which it is seeking to expand in Punjab.
The chief minister told Ambani that his support would go a long way in providing the early impetus needed for this change.
Agreeing with the CM that data was the future of mankind, Ambani suggested setting up a dedicated team in Chandigarh to realise Amarinder's vision of deploying technology to generate employment.
Data is the new currency, said the RIL chairman, adding that the new development model needed to be centred around data.
His government would be happy to provide the requisite infrastructure for setting up towers and strengthening the telecom sector, said the chief minister.
Amarinder said his government was keen to become a part of this 'fourth industrial revolution' and, to this end, was committed to fulfilling its promise of providing a free smart phone to youth in the age group of 18 to 35, together with free talk time/data for one year.
The rock bottom price in the telecom sector, consequent to the entry of Jio, makes this imminently possible for Punjab, he added.
Services such as digital education, agricultural extension services, governance and administration, tele-medicine, e-retail and GST compliance, along with entertainment, could help transform the State and its people as well as its agrarian economy to prepare them to face the challenges of a digital future, he added.
On retail services, Ambani said his company was keen to expand its Hoshiarpur plant, which currently employs 2,000 people. The Chief Minister said expansion and modernisation of facilities would be provided incentives under the state's new industrial policy, which was not the case earlier.
Amarinder spoke about the proposed Sports University which his government plans to set up in Patiala. The RIL chairman sought cooperation from the state government in knowledge exchange for the integration of technology to benefit people and generate employment through projects that could be implemented in a short span of time.
On the issue of cooperation in the field of agriculture, the chief minister suggested that RIL should set up supply chains from 'farm to factory' or to consumption centres, where the company could also play a pivotal role in view of its expertise in retailing farm products.
Disclaimer: No Business Standard Journalist was involved in creation of this content
