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

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

"Today I am happy to inform this audience that Jio is one of the largest investors in Uttar Pradesh with investments of over Rs 200 billion. Jio 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: "Jio will make available over 20 million JioPhones in UP within the next two months on a priority basis."

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

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