Business Standard

Mukesh Ambani to accompany PM on US visit

RIL has huge business dealing with the US -- it sells fuel and also has three shale assets in US

Press Trust of India New Delhi
Reliance Industries Chairman and Managing Director Mukesh Ambani will accompany Prime Minister Narendra Modi on his maiden visit to the US.

Ambani, who missed being part of the business delegation that accompanied Modi on his visit to Japan last month due to pressing prior engagements, will attend a dinner and a reception being hosted in the honour of Indian Prime Minister in New York and Washington.

Sources said Ambani, India's richest man, will on September 28 attend a dinner reception at The Pierre, a luxurious heritage hotel owned by Taj Hotels, hosted by the Indian Ambassador to the US, S Jaishankar.
 
The dinner reception would be attended by Indian Americans and Persons of Indian Origin.

On September 30, he will attend a reception hosted by US- India Business Council (USIBC) in honour of Modi at the Andrew Mellon Auditorium in Washington, DC.

RIL has huge business dealing with the US -- it sells fuel and also has three shale assets in US in which it plans to invest a further $2 billion for extraction of natural gas and oil from the sedimentary rock formations.

The company has invested $7.3 billion since 2010 when it entered the US shale market.

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First Published: Sep 25 2014 | 6:06 PM IST

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