Headlines
Mukesh Ambani commits Rs.250,000 crore for 'Digital India'
New Delhi, July 1
Reliance Industries Chairman
Mukesh Ambani on Wednesday committed an investment of Rs.250,000 crore
on "Digital India" and said he expected the group's initiatives under it
will create over 500,000 direct and indirect jobs.
"I believe
digital India will be a huge success because of the adoption of
technology by the youth of India," Ambani said at an event that saw
Prime Minister Narendra Modi launch the "Digital India" week to empower
citizens by the use of IT and its tools.
"Digital India as we
have seen empowers them to fulfill their aspirations. We at Reliance
will invest over Rs.250,000 crore across the Digital India pillars," he
said, adding: "I estimate Reliance’s 'Digital India' investments will
create employment for over 500,000 people."
Ambani said the
launch of Digital India initiative was a momentous occasion in an
information age where digitisation was changing the way one lives,
learns, works and plays. It can transform the lives of 1.2 billion
Indians using the power of digital technology.
He said his
group, under the Reliance Jio platform, will roll out an internet
protocol-based wireless broadband infrastructure across all 29 states in
India. Reliance Jio will also set up a nationwide distribution network
for 150,000 small vendors to sell and service devices.
"This
apart Jio is working with leading device manufacturers, encouraging them
to 'Make in India' smart phones and internet devices at an affordable
price. We will give them an assured offtake through our retail system."