Reliance Group to invest Rs 46,000 crore in Madhya Pradesh

The Reliance Group said it will make fresh investments of up to Rs 46,000 crore in diverse range of sectors like defence, information technology, electronics and energy in Madhya Pradesh.

Reliance Group, Anil Ambani, defence business, defence ministry, Anil Ambani
Anil Ambani owned Reliance Entertainment, Steven Spielberg’s DreamWorks and Participant Media led by Jeff Skoll and Entertainment One (eOne) announced the formation of Amblin Partners — a new film, television and digital content creation company. (Photo: Reuters)

The Reliance Group on Thursday said it will make fresh investments of up to Rs 46,000 crore in diverse range of sectors like defence, information technology, electronics and energy in Madhya Pradesh.

According to an official release, the announcement for fresh investments came after Reliance Group’s chairman Anil Ambani met Madhya Pradesh Chief Minister Shivraj Singh Chouhan.

“Madhya Pradesh has become the growth centre now. Reliance Group will invest in defence production sector at Pithampur and Bhopal. An Integrated Land System Defence Manufacturing Hub will be developed at Pithampur and Rotary Wing Helicopter Manufacturing Unit at Bhopal,” Ambani said.

“About Rs 6,000 crore will be invested in energy and defence production sectors. Global-level data storage centres will be set up by the Group in the state in information technology sector. For this, Rs 1,500 crore will be invested at Pithampur,” he added.

The chief minister said every possible effort was being made to promote investments in the state.

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