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Reliance to launch 4th Industrial Revolution from Maharashtra: Mukesh Ambani
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SME Times News Bureau | 19 Feb, 2018
In a bonanza for Maharashtra, Reliance Industries Chairman Mukesh Ambani
on Sunday announced plans to launch the 'Fourth Industrial Revolution'
in the state with an investment of Rs 60,000 crore and collaboration of
over 20 global conglomerates.
He said that the initiative will
take forward the flagship Jio Movement with the ambitious new plan for a
New India and New Maharashtra by setting up the country's first-ever
'Integrated Industrial Development Area' in the state over the next 10
years.
"The company will make Maharashtra the birthplace and
cradle of the Fourth Industrial Revolution in India, which is a
convergence of disruptive technologies in the physical, digital and
biological spheres. It is going to transform the world and our society
in unimaginable ways," Ambani said in his address at the 'Magnetic
Maharashtra: Convergence 2018' inaugurated by Prime Minister Narendra
Modi.
The company will invest more than Rs 60,000 crores along
with a coalition of global companies over the next 10 years in this
collaborative initiative, he said.
Some of the global companies
who have already agreed to co-invest with Reliance include: CISCO,
Siemens, Corning, HP, Dell, Nokia and Nvidia, he said, assuring Modi
that "this mega-project will make Maharashtra even more magnetic".
Ambani
said there is a global race to harness Artificial Intelligence,
Robotics, Blockchain, Internet of Things, Next-Generation Virtual and
Augmented Reality, Life Sciences, New Materials and New Sources of
Energy and other futuristic technologies.
"India cannot afford to lag behind in this race and indeed has an opportunity to be a global leader," he said.
The
Fourth Industrial Revolution will help Maharashtra and India solve the
most difficult problems in socio-economic development in health-care and
education, water security and environmental security, boosting
agriculture production, in making all our towns, cities and villages
SMART, and generate millions of new employment opportunities for youth
of the state and in India.
Ambani described Mumbai as the
'janmabhoomi' (birthplace) of Reliance and his own 'karmabhoomi'
(workplace) where the start-up company was established by his father,
the late visionary Dhirubhai Ambani with a seed capital of just Rs 1,000
and one employee.
"Today, Reliance employs over 350,000
people... it's the largest 'wealth-creator for India'. Reliance always
invests in India's Big Dreams in building businesses of the future with
Indian talent and Indian youth," he said.
He said Mumbai is also
home to Jio, the newest tech-startup in the Reliance family, and when
the Prime Minister unveiled his vision for a Digital India, it also
became Jio's own mission.
"Before Jio's launch, India was 155th
in the world in mobile broadband consumption. Today India is No. 1. Over
170 million Indians enjoy the highest quality date services at the
lowest prices in the world," he said.
So far, the company has
invested Rs 250,000 crore in India, of which the highest share - Rs
22,000 crore - came to Maharashtra, and within two years, Jio will
connect every village panchayat, every school, college and hospital in
the state to bring the benefits of digital revolution to the last person
in society, he said.
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