Reliance Industries Mukesh Ambani says that Tamil Nadu has become one of the most commercial states in the country and he believed that it will indeed become a trillion dollar economy, a milestone that the state government aims to achieve by 2030.

Reliance is committed to making new investments in renewable energy and green hydrogen in Tamil Nadu. He said in his virtual address at the inaugural session of the state-run and two-day Global Investors Meet (GIM) in Chennai. We are working closely with the state government to promote sustainable development, which is essential to save Mother Earth from the climate crisis.

The chairman of India's largest private sector company said that Reliance has been a partner in the growth of Tamil Nadu for many years and was confident and the state government would support its future initiatives with a workable policy.

Ambani says, “We have opened nearly 1,300 retail stores at an investment of over Rs 25,000 crore across the state. Jio has invested over Rs 35,000 crore in Tamil Nadu, bringing the fruits of the digital revolution to 35 million subscribers in every town and village of the state.”

He added that Reliance has partnered with Canada's Brookfield Asset Management and US-based Digital Reality to build a state-of-the-art data center that will open next week. However, he did not specify the total amount of investment in the object or the expected site.

Ambani says, “In December, Jio completed the fastest rollout of 5G anywhere in the world which in turn would enable Tamil Nadu to reap the benefits of artificial intelligence and other breakthrough fourth industrial revolution technologies which would further accelerate the state's economy.”