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Informist, Monday, Jan. 12, 2026

 

AHMEDABAD – Reliance Industries Ltd. on Sunday led Indian corporates in announcing their intent to invest over INR 8.5 trillion in Gujarat over the coming five years.

 

Speaking at the two-day Vibrant Gujarat Regional Conclave, Kutch and Saurashtra region, being held at Rajkot, Reliance Industries Ltd. Chairman Mukesh Ambani on Sunday announced that the group plans to invest an additional INR 7 trillion over the next five years. He said the investment would be across clean energy, renewable power, artificial intelligence-ready data centers, digital infrastructure, healthcare, education and sports facilities.

 

Ambani said the group had already invested over INR 3.5 trillion in the state over past five years, with Reliance Industries being in the process of building India's largest AI-ready data centre in Jamnagar, and the world's largest clean energy ecosystem spanning solar, battery energy storage, green hydrogen, green fertilisers, sustainable aviation fuel, maritime fuels and advanced materials.

 

He said the group would emerge as India's largest exporter of green energy and materials. Ambani also announced that Jio would launch a people-first intelligence platform built in India, enabling every citizen, starting with Gujarat, to access artificial intelligence services in their own language on their own device.

 

He also committed to invest in development of social and sports infrastructure in the state. "Reliance Foundation stands ready to serve Prime Minister's vision of bringing 2036 Olympics to Ahmedabad," Ambani said. Reliance will partner with the Gujarat government to manage the Veer Savarkar multi sports complex in Naranpura, Ahmedabad, a hub to host national and international events and train India's sportspersons. He said Reliance was also setting up a "world-class" hospital in Jamnagar and expanding its educational facilities multi-fold.

 

Speaking at the event, Karan Adani, managing director of Adani Ports and Special Economic Zone, said the Adani Group would invest INR 1.5 trillion in the region of Kutch over the next five years. The group plans to complete its Khavda project and commission 37 gigawatt of capacity by 2030. As per earlier reports, Adani group aimed to build the world's largest renewable energy plant with 30 GW capacity, combining wind and solar, on nearly 540 square kilometres of barren area in the Khavda region of Kutch district.

 

Adani also reiterated the group's earlier plans to double capacity at its largest commercial port of Mundra in the next 10 years. Mundra is also home to India's largest copper smelter plant, coal-to-polyvinyl chloride complex, and solar manufacturing complex, Adani said. Mundra is reported to have capacity to handle over 260 million tonnes per annum of cargo and over 7.5 million containers annually. In 2024-25 (Apr-Mar), Mundra became the first Indian port to cross 200 million tonnes in annual cargo volume. It also accounts for nearly half the total cargo handled by all the ports owned and operated by Adani Ports and Special Economic Zone across the world.

 

Among other announcements, Parakramsinh Jadeja, chairman and managing director of industrial manufacturing company Jyoti CNC Automation Ltd., announced investment of INR 100 billion over next five years. Jadeja said the company was committed to supplying high-speed CNC machines to electronic manufacturing systems and developing advanced machines for semiconductor manufacturing focused systems.

 

B.K. Goenka, chairman of Welspun group, said the company was already investing INR 50 billion in pipeline business and would become the largest pipe manufacturing company in the world by end of this year. The company has a ductile iron pipe manufacturing unit of 600,000 tonnes per annum at Anjar in the Kutch region.

 

On Friday, shares of Reliance Industries closed at INR 1,475.30 on the National Stock Exchange, up 0.3%, while those of Adani Ports ended 2% lower at INR 1,435.90.  End

 

Reported by Sunil Raghu

Edited by Avishek Dutta

 

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