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Vibrant Gujarat: Reliance pledges ₹7 trillion as India’s top firms announce mega investments

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/media/Vibrant_Gujarat_Reliance_pledges_7_trillion_as_Indias_top_firms_announce_mega_investments__.webp © Vibrant Gujarat: Reliance pledges ₹7 trillion as India’s top firms announce mega investments

Rajkot — India’s largest business groups unveiled a wave of multi-trillion-rupee investment commitments at the Vibrant Gujarat Regional Conference for Kutch and Saurashtra, reinforcing the state’s role as a key driver of the country’s industrial and technology ambitions.

Inaugurating the five-day conference and exhibition, Prime Minister Narendra Modi said Gujarat’s growth story reflects the broader national vision of “Viksit Gujarat se Viksit Bharat,” highlighting the state’s transformation into a hub for manufacturing, clean energy and digital innovation.

The event, held at Marwadi University in Rajkot, brought together senior political leaders and top corporate executives, including Reliance Industries Chairman Mukesh Ambani, as companies outlined expansion plans spanning energy, infrastructure, artificial intelligence and social development.

Reliance doubles Gujarat investment

Ambani announced that Reliance Industries will invest ₹7 trillion in Gujarat over the next five years, doubling its previous commitment. He said the investments would generate large-scale employment and accelerate the state’s transition into a global clean-energy and technology hub.

Key initiatives include the development of what Reliance describes as the world’s largest integrated green energy ecosystem in Jamnagar, covering solar power, green hydrogen, sustainable aviation fuel and advanced materials. The group also plans a multi-gigawatt solar project in Kutch and the launch of India’s largest AI-ready data centre, alongside a Jio Intelligence Platform offering AI services in Indian languages.

In addition to industrial projects, Reliance outlined plans for social infrastructure, including a world-class hospital in Jamnagar, expanded education facilities across Saurashtra and sports partnerships aligned with Gujarat’s long-term Olympic ambitions.

Adani, Welspun and Jyoti CNC add momentum

The investment momentum was echoed by the Adani Group. Adani Ports and SEZ Managing Director Karan Adani announced a ₹1.5 trillion investment in Mundra over five years to build a 37-gigawatt energy park, positioning Kutch as a major national energy hub.

Jyoti CNC Chairman Parakramsinh Jadeja committed ₹100 billion toward advanced manufacturing, research and skill development, with a focus on supplying high-precision machinery to the aerospace and defence sectors.

Welspun Group Chairman B.K. Goenka said the company would invest ₹50 billion to establish what it claims will be the world’s largest pipeline manufacturing facility in Gujarat, underlining the region’s shift from water scarcity to industrial strength.

Gujarat’s expanding economic footprint

Launched in 2003, Vibrant Gujarat has evolved into one of India’s most prominent investor platforms, attracting global corporations and policy leaders. Over two decades, the initiative has helped drive infrastructure development, port-led growth and MSME expansion.

This year’s regional edition underscored how Gujarat is increasingly positioning itself at the intersection of clean energy, artificial intelligence, manufacturing and social infrastructure, a strategy that aligns with India’s broader push for technological self-reliance and sustainable growth.

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