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Mukesh Ambani has come forward to fulfill this dream of PM Modi



Reliance Industries has announced the largest foreign investment to the country so far. Mukesh Ambani said Saudi Aramco would buy a 20 percent stake in Reliance's O2C (Oil to Chemical), which has an enterprise value of $ 75 billion.


Reliance Industry (RIL) has received the largest investment in the history of the company. In fact, Saudi Arabia's company 'Saudi Aramco' will invest 20 percent in Reliance's oil and chemical division. This information was given by Mukesh Ambani, chairman of Reliance Industry. Addressing the Annual General Meeting, Mukesh Ambani said, "We have achieved a new destination for investing abroad." According to Mukesh Ambani, RIL has signed a Saudi Aramco agreement. For this, it will cost $ 75 billion.

-Mukesh Ambani informed about different segment growth of the company. He said oil and gas is the main engine of CY Geo and president of retail growth. Reliance retail business and Geo have proved the critics wrong. These two are among the top 10 companies in their segment.

$ 5 trillion economy

Mukesh Ambani has trusted the Modi government's $ 5 trillion economy target. "At present, India's economy is sluggish but this is temporary," he said. In the past, PM Modi spoke of India's economy as a target of $ 5 trillion. Which is becoming possible going forward.

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