Reliance Industries Chairman Mukesh Ambani on Sunday announced an investment of Rs 7 lakh crore in Gujarat over the next five years, reaffirming the group’s long-term commitment to the state. The announcement was made at the Vibrant Gujarat Regional Conference held in Rajkot, which focused on development in the Kutch and Saurashtra regions.
Ambani said the proposed investment is nearly double what Reliance invested in Gujarat over the previous five years. He described the commitment as a strategic push to strengthen Gujarat’s role in India’s growth story, while creating large-scale employment and boosting industrial capacity.
A major share of the investment will go into transforming Jamnagar into a global clean energy hub. Reliance plans to expand projects related to solar power, green hydrogen, energy storage and advanced materials. The Jamnagar complex, already a key refining and petrochemicals centre, is expected to evolve into a major exporter of clean energy solutions.
Reliance also plans to set up one of India’s largest AI-ready data centres in Gujarat and roll out an India-specific artificial intelligence platform through Jio. The platform is aimed at making AI accessible in Indian languages and supporting digital services across sectors.
In addition to energy and technology, the investment roadmap includes healthcare, education and sports infrastructure. Ambani said Reliance would support Gujarat’s preparations for hosting the 2036 Olympic Games, if India’s bid succeeds.
At the same event, Adani Ports and SEZ Managing Director Karan Adani announced a Rs 1.5 lakh crore investment plan for Mundra, including port expansion and a large renewable energy park. Together, the announcements underscored Gujarat’s position as a major destination for private investment.
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