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This article was first published 9 years ago  » Business » Reliance to create 1.25 lakh jobs in next 12-15 months

Reliance to create 1.25 lakh jobs in next 12-15 months

Source: PTI
Last updated on: September 25, 2014 15:43 IST
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Reliance Group Chairman and Managing Director Mukesh Ambani on Thursday said the company's over Rs 1.8 lakh crore investments will fructify in 12-15 months. These investments will help in creation of 1.25 lakh jobs, he said.

"We have exports of over Rs 2,75,000 crore (Rs 2.75 trillion) to over 140 countries and our investments of over Rs 1,80,000 crore (Rs 1.8 trillion) are coming into fruition in the next 12-15 months. We would be creating be over 1,25,000 jobs in India in the next 12-15 months," Ambani said at the launch of government's "Make in India" programme.

He said in order to succeed in the 'Make in India' movement it is important to be open to capital and expertise from all over the globe.

"It is important to connect village clusters with the international markets and not only domestic markets by building the physical infrastructure and virtual

infrastructure so that all our goods and services are connected to all markets," Ambani said.

He also lauded the initiatives taken by the government on implementing the Goods and Services Tax, saying it will make India one market and strengthen the programme.

The $66 billion RIL Group's activities span exploration and production of oil and gas, petroleum refining and marketing, petrochemicals, textiles, retail, infotech and special economic zones.

Prime Minister Narendra Modi on Thursday kicked off the "Make in India" programme that will focus on creating physical infrastructure as well as building a digital network for

making India a hub for global manufacturing of goods ranging from cars to softwares, satellites to submarines and paper to power.

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