Mukesh Ambani Is Planning A New Reliance Project In West Bengal

Reportedly the project's investment might touch a whopping Rs 20,000 crore in the state.

Mukesh Ambani, the richest man in India, never fails to innovate and surprise the mass. Ambani’s Reliance Jio has not only conquered the telecom market of the country with its unimaginable offers on voice calls and Internet data and recently released 4G feature phone JioPhone, but has also disrupted the sector. Presently Mukesh Ambani is definitely a major topic of discussion all over the country. And now, Mukesh Ambani-controlled Reliance is planning to introduce a new project West Bengal, India. As per the reports, the company expects that its investment in existing projects in telecom and retail in the state may touch even a whopping Rs 20,000 crore in the near future.

“We have invested Rs 15,000 crore in our current projects in Jio (telecom), retail in West Bengal and are continuing to invest. This may hit Rs 20,000 crore in the near future. We are looking at another project in the state,” a senior Reliance official said today, reported ET.

The official also said that West Bengal’s Chief Minister Mamata Banerjee has already mentioned this new Reliance project in the state at an event in Kolkata. Mukesh Ambani’s new project will take shape in the next 15 days, he added.

Presently the company is conducting meetings with the West Bengal government officials about it, he said. Details regarding the project have not been disclosed at this moment.