1 hr ago
Reliance Announces ₹1 Lakh Crore CBG Investment in Andhra Pradesh
Reliance Industries plans to build compressed biogas plants in Andhra Pradesh.
Anant Ambani said the company will invest ₹1 lakh crore.
The projects could create more than three lakh jobs.
They may also bring nearly ₹60,000 crore to the state over many years.
Reliance also wants to work with a proposed agricultural school.
The work could use artificial intelligence and drones.
It may include digital training for farmers through Jio Krishi.
The plans also mention improved animal farming using technology.
Reliance Industries plans to invest ₹1 lakh crore in compressed biogas plants across Andhra Pradesh.
Anant Ambani said the projects could create more than three lakh jobs.
The investment is expected to generate nearly ₹60,000 crore in state revenue over the coming decades.
Reliance plans to collaborate with the proposed Indian School of Agriculture.
The collaboration may cover artificial intelligence, drones, Jio Krishi, digital farmer training and high-tech animal husbandry.
- Who
- Anant Ambani and Reliance Industries.
- What
- Reliance Industries plans to invest ₹1 lakh crore in compressed biogas plants and related agricultural technology initiatives.
- Where
- Andhra Pradesh, India.
- When
- The investment and revenue projections were described as taking place over the coming decades.
- Why
- The projects are intended to create jobs, generate state revenue and support technology-focused agriculture and animal husbandry.
Key facts
- Investor
- Reliance Industries
- Announced by
- Anant Ambani
- Planned investment
- ₹1 lakh crore
- Location
- Andhra Pradesh
- Projected employment
- More than 3 lakh jobs
- Projected state revenue
- Nearly ₹60,000 crore over the coming decades
- Other initiatives
- Artificial intelligence, drones, Jio Krishi, digital farmer training and high-tech animal husbandry
Sources
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