Reliance to invest 7 lakh crore in Gujarat over next five years: Mukesh Ambani

Speaking at the Vibrant Gujarat Regional Conference in Rajkot on Sunday (January 11, 2026), Mukesh Ambani, Chairman of Reliance Industries, said Gujarat is far more than just a location for the group.

“For Reliance, Gujarat is our body, heart, and soul. We are a Gujarati company,” he said.

Mr. Ambani said he was making five firm commitments to the State. He said that Reliance is already Gujarat’s largest investor, having invested over ₹3.5 lakh crore in the last five years.

“We will double this investment to ₹7 lakh crore over the next five years. This will create exponential employment, livelihoods, and prosperity for every Gujarati and every Indian,” he said.

The second commitment, he said, is to establish global leadership in clean energy and green materials. At Jamnagar, Reliance is building the world’s largest integrated clean energy ecosystem, covering solar power, battery energy storage, green hydrogen, green fertilisers, sustainable aviation fuel, maritime fuels, and advanced materials.

“Jamnagar, once the world’s largest exporter of hydrocarbon fuels, will in the coming years become India’s largest exporter of green energy and green materials,” Mr. Ambani said.

He said Reliance’s multi-gigawatt, utility-scale solar project, among the largest in the world, will deliver round-the-clock clean power through advanced storage and modern grid integration, powering India’s growth and reinforcing Gujarat’s leadership in renewable energy.

The fourth commitment is to make Gujarat India’s artificial intelligence pioneer. Mr. Ambani said Jio is building India’s largest AI-ready data centre in Jamnagar with the goal of making AI affordable and accessible to every Indian.

“Jio will launch India’s first people-centric AI platform, built in India for India and the world. It will enable every citizen, starting from Gujarat, to access AI services in their own language, on their own devices, every day, making them more efficient and productive,” he said.

The fifth commitment is partnering with the Gujarat government’s Olympic ambitions and social initiatives. Mr. Ambani said the Reliance Foundation fully supports the Prime Minister’s vision of bringing the 2036 Olympic Games to Ahmedabad.

“As part of this effort, Reliance will partner with the Gujarat government to manage the Veer Savarkar Multisports Complex in Naranpura, which will serve as a hub for national and international sporting events and for training future champions,” he said.

He also announced the establishment of a world-class hospital in Jamnagar in the Saurashtra region and the expansion of Reliance’s educational institutions. “The development of Gujarat is central to everything we do,” he said.

Mr. Ambani further said the world is changing rapidly and geopolitical developments are creating new challenges and uncertainties. However, he said India remains resilient.

“What is reassuring is that these challenges cannot disrupt our nation or its people. India today stands protected by an invincible protective wall called Narendrabhai Modi.”

Gujarat is our foundation, says Karan Adani

Karan Adani, managing director of Adani Ports and SEZ Limited (APSEZ) said that for the Adani Group, Gujarat is not just a State of investment — it is our foundation. “Gujarat is where our journey began, and Gujarat is where our long-term commitment remains anchored.”

Also Read I Adani Group to invest $15-20 bn across businesses over next 5 years, says Gautam Adani

“Building on this foundation, the Adani Group commits to invest ₹1.5 lakh crore over the next five years in the region of Kutch. We will complete our Khavda project and commission full 37 Gigawatt of capacity by 2030, and we will also double our port capacity at Mundra in the next ten years’ time,” Mr. Adani said.

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