Business

UPGIS 2023: Reliance to invest Rs 75,000 cr in UP in 4 yrs

NewsDrum Desk

10 Feb 2023 11:36 IST

New Update

Lucknow: Billionaire Mukesh Ambani on Friday announced Rs 75,000 crore investment over the next four years in expanding the telecom network, including roll out of 5G services, retail and new energy business in Uttar Pradesh.

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Speaking at the UP Global Investor Summit (UPGIS), he said his group's telecom arm Jio will roll out 5G services across the state by December 2023.

Also, the oil-to-telecom conglomerate will set up 10 GW of renewable energy capacity and start a bio-energy business in the state, he added.

Uttar Pradesh renewable energy mukesh ambani Jio Reliance Investment Telecom 5G services Bio-Energy UP Investor Summit

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