Mukesh Ambani and Gautam Adani pledge more funds for Northeast

By Admin

24 May, 2025

In a powerful display of commitment towards inclusive growth and regional development, India’s top industrialists, Mukesh Ambani and Gautam Adani, have pledged renewed and increased investments in the country’s northeast region. Their announcements were made during the Rising North East Investors Summit 2025, held in New Delhi, building on the momentum set earlier this year at the Advantage Assam 2.0 Summit in Guwahati.

Continuing the Growth Story from Assam 2.0

Earlier in February 2025, both industrial giants had committed ₹50,000 crore each to Assam, aiming to partner in the state’s transformational journey. At the Rising North East Summit, inaugurated by Prime Minister Narendra Modi, they not only reiterated their commitment but significantly expanded their vision for the entire northeastern region.

Mukesh Ambani's Six Commitments

Reliance Industries Chairman Mukesh Ambani saluted Prime Minister Modi for the “resounding success of Operation Sindoor” and used the occasion to announce six key commitments to the eight northeastern states — Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, and Tripura.

1. Doubling Investments: Reliance has already invested ₹30,000 crore in the region over the past 40 years. Ambani pledged to more than double this to ₹75,000 crore over the next five years.
   
   

2. Job Creation: The new investments aim to generate over 2.5 million direct and indirect employment opportunities, significantly boosting the region’s economy.
   
   

3. Jio 5G Expansion: Reliance Jio will double its 5G subscriber base to 10 million in the Northeast by the end of this year, enhancing digital connectivity.
   
   

4. Support to Farmers: Reliance Retail will increase procurement of staples, fruits, and vegetables, helping farmers earn more and encouraging agribusiness growth.
   
   

5. Green Energy Initiatives: The company will enhance solar power generation capacity across the Northeast, contributing to India’s renewable energy goals.
   
   

6. Healthcare and Sports: Through Reliance Foundation, the group will bring world-class cancer care to the region and nurture Olympic-level athletes from all northeastern states.
   
   

Adani’s Long-Term Vision for the Northeast

Matching Ambani’s vision, Gautam Adani, Chairman of the Adani Group, committed an additional ₹50,000 crore over the next decade, over and above his earlier commitment for Assam alone.

Adani's investments will target key sectors including:

• Road infrastructure
  
  

• Green energy
  
  

• Digital connectivity
  
  

• Logistics
  
  

• Skill development
  
  

His emphasis was not just on financial investment but also on job creation and promoting entrepreneurship by deeply engaging with the local communities.

Prime Minister Modi’s Vision for the East

Prime Minister Modi, in his inaugural speech, highlighted the Northeast as India's strength in diversity and underlined the government’s focus on trade, tradition, textiles, and tourism. He introduced the EAST framework — Empower, Act, Strengthen, Transform — to guide policymaking in the region.

A Unified Push for Development

The summit also witnessed the presence of several key leaders including Union Minister for Development of North Eastern Region Jyotiraditya M. Scindia, Manipur Governor Ajay Kumar Bhalla, and the Chief Ministers of all eight northeastern states. Their participation underscored the joint commitment of both the central and state governments toward making the Northeast a hub of sustainable growth and innovation.