Three Gujarati industrialists—the Ambani brothers and Gautam Adani—alone committed investments to the tune of Rs.1 lakh crore or about half of the total Rs.2.25 lakh crore investments commited made during thefirst day of Madhya Pradesh Global Investors Summit 2014, inaugurated by PM Narendra Modi on Thursday.
Reliance Group chairman Anil Ambani announced investments worth Rs.60,000 crore in coal, power, cement and telecom by 2020 while his elder brother and Reliance Industries chairman Mukesh said he would invest Rs.20,000 crore in the next two years in CBM (coal-bed methane) blocks, retail and fourth generation broadband infras tructure. Adani Group chairman Gautam Adani too committed investments worth Rs.20,000 crore in the next five years in building world-class grain storage houses and power projects.
Reliance Group chairman Anil Ambani announced investments worth Rs.60,000 crore in coal, power, cement and telecom by 2020 while his elder brother and Reliance Industries chairman Mukesh said he would invest Rs.20,000 crore in the next two years in CBM (coal-bed methane) blocks, retail and fourth generation broadband infras tructure. Adani Group chairman Gautam Adani too committed investments worth Rs.20,000 crore in the next five years in building world-class grain storage houses and power projects.
No comments:
Post a Comment