Mukesh Ambani, Chairman, Reliance Industries.
He said that the initiative will take forward the flagship Jio Movement with the new strategy to get a New India and New Maharashtra by simply preparing the country’s first-ever ‘Integrated Industrial Development Area’ in the nation during the next 10 decades.
“The corporation will make Maharashtra the birthplace and cradle of the Fourth Industrial Revolution in India, and it will be a convergence of disruptive technologies in the physical, digital and biological spheres. It will transform the planet and our society in unimaginable ways,” Ambani said in his address in the ‘Magnetic Maharashtra: Convergence 2018’ inaugurated by Prime Minister Narendra Modi.
A number of the global companies who have already consented to co-invest with Reliance include Cisco, Siemens, Corning, HP, Dell, Nokia and Nvidia, he said, reassuring Modi which “this mega-project will make Maharashtra even more magnetic”.
“India cannot afford to lag behind in this race and really has an chance to become a global leader,” he explained.
The Industrial Revolution will help Maharashtra and India solve the most troublesome problems in socio-economic development in health-care and schooling, water security and ecological security, boosting agriculture production, in making all our cities, cities and villages SMART, and create millions of new employment opportunities for the youth of the state and in India.
Ambani described Mumbai since the ‘janmabhoomi’ (birthplace) of Reliance and his very own ‘karmabhoomi’ (workplace) where the start-up company was created by his father, the late visionary Dhirubhai Ambani with a seed capital of just Rs 1,000 and a single worker.
“Today, Reliance employs over 350,000 people… it’s the largest ‘wealth-creator for India’. Reliance always invests in India’s Big Dreams in construction businesses of the future with Indian talent and Indian youth,” he explained.
He said Mumbai is also home to Jio, the most recent tech-startup from the Reliance family, and if the Prime Minister unveiled his vision for a Digital India, it also became Jio’s personal mission.
“Before Jio’s launching, India was 155th in the world in cellular broadband intake. Now India isn’t any 1. Over 170 million Indians like the maximum quality date services at the lowest prices in the world,” he said.
Thus far, the business has spent Rs 250,000 crore in India, where the highest share — Rs 22,000 crore — came to Maharashtra, and over a couple of decades, Jio will join every village panchayat, every school, hospital and college in the country to bring the advantages of digital revolution to the previous individual in society, he explained.