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Home -> Finance -> Full Story

Reliance announces series of investment plans for WB
Wednesday, December 1 2004 13:02 Hrs (IST)

Kolkata: Reliance group Chairman and Managing Director Mukesh D Ambani today (Dec 1, 2004) announced a series of investment plans for West Bengal including a solution development and service centre over the next three years.

''We (Reliance Infocomm) have already invested close to Rs 1000 crore in the State but I feel this is not enough and we will set up a solution development and service centre in Kolkata that would give employment to over 2500 people in the next three years,'' Ambani said while inaugurating Infocom-2004 IT seminar organised by ABP group and Nasscom (National Association of Software and Services Companies).

Spotlight: Battle of Ambanis

The RIL (Reliance India Ltd) group chairman also said that in the future they would set up Dhirubhai Ambani Institute of Information and Communication technology in Kolkata, the first of which is already functioning in Gujarat.

''This will help generate employment and provide training to Bengal's talented youths. It will equip young men and women with knowledge in the State of West Bengal, ''Ambani said while attending a public function for the first time since the reported differences between him and younger brother Anil Ambani over 'ownership' issues of Reliance group.

''It (the Institute) will powerfully propel India to global leadership in today's world of information and knowledge,'' he said.

PTI



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