Project News Details

Reliance to Invest Rs. 46,000 crore in Madhya Pradesh

Anil Ambani-led Reliance Group is planning to invest around Rs. 46,000 crore in Madhya Pradesh in sectors including electronics, energy, defence and IT. The commitment for the investment was made by the Reliance Group Chairman in a meeting with the state CM Shivraj Singh Chouhan. As per the media reports, the CM also briefed about the Reliance officials about the state government’s efforts to improve the investment climate of Madhya Pradesh by investor-friendly policies. Reliance is planning to set up an integrated land system defence manufacturing hub in Pithampur and a rotary wing helicopter manufacturing unit at a total investment of around Rs. 6000 crore. Further, it is planning to establish a data storage cents in Pithampur with a proposed investment of Rs. 1500 crore. The company will also make investments to the tune of Rs. 27,000 crore for manufacturing polysilicons and ingots for solar panels. The company has also proposed a further investment of Rs. 12,000 crore in its Sasan power plant.

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