Prime Minister Narendra Modi on Sunday said India is passing through a phase of unprecedented certainty and political stability at a time when the global economy is facing prolonged uncertainty, positioning the country as a dependable destination for long-term investment.
“Amid great global uncertainty, we are witnessing an era of unprecedented certainty in India. Today, India has political stability and continuity in policies,” Modi said after inaugurating the Vibrant Gujarat Regional Conference for the Kutch and Saurashtra regions in Rajkot. He said India is the world’s fastest-growing large economy and is steadily moving towards becoming the third-largest economy. Alongside infrastructure creation, he added, building an industry-ready workforce remains one of the country’s biggest requirements.
Reliance’s Dual Bet
Setting out the corporate response to this policy stability, Mukesh Ambani, chairman and managing director of Reliance Industries, said the group will launch a people-first artificial intelligence platform built in India for India and the world. The platform, he said, will allow citizens to access AI services in their own language and on their own devices, with the aim of improving productivity, beginning with Gujarat.
Ambani said Reliance is building India’s largest artificial intelligence–ready data centre in Jamnagar with the objective of making AI affordable and accessible at scale. Alongside the technology push, he reiterated the group’s investment plans in the state, announcing that Reliance will double its investments in Gujarat to Rs 7 lakh crore over the next five years, after investing over Rs 3.5 lakh crore in the state during the last five years. He said Jamnagar is also being developed as a global hub for clean energy and green materials, anchoring Gujarat’s role in future energy supply chains.
Transforming Kutch
On infrastructure and logistics, Karan Adani, managing director of Adani Ports & SEZ, said the Adani Group will invest Rs 1.5 lakh crore in Gujarat’s Kutch region over the next five years. The group plans to complete its 37 GW Khavda renewable energy project by 2030 and double capacity at Mundra port over the next decade.
Adani said the investments align with national priorities such as employment generation, sustainability and industrial competitiveness, adding that Gujarat contributes over 8% to India’s GDP and handles about 40% of the country’s port cargo.