Mukesh Ambani envisions India's $35 trillion economy by 2047 at VGGS 2024
In a momentous address at the inauguration of the Vibrant Gujarat Global Summit 2024, Mukesh Ambani, the Chairman and Managing Director of Reliance Industries, expressed optimism about India's economic future. Ambani welcomed attendees and attributed the summit's success to Prime Minister Narendra Modi's visionary leadership, emphasizing its remarkable 20-year journey.
Ambani lauds PM Modi
Ambani commended the Vibrant Gujarat Summit as the world's most prestigious investor summit, highlighting its unprecedented two-decade run of success. He credited this achievement to Prime Minister Modi's vision and consistent leadership, describing it as a testament to India's economic potential.
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India's path to a $35trillion economy
Ambani asserted his belief that India is on track to become a $35 trillion economy by 2047. He urged young entrepreneurs to seize the opportunities presented by today's India, emphasizing the foundation laid by Prime Minister Modi for the nation's development.
Mukesh Ambani Seated in the Vibrant Gujarat Global Summit 2024 inauguration
Gujarat's role in India's growth
Proudly identifying as a Gujarati, Ambani praised the state's transformation into a symbol of modern India's growth. He attributed this progress to Prime Minister Modi's leadership, declaring him the "greatest global leader of our times" and the most successful Prime Minister in India's history.
"Today, and in today's India is the best time for young people to enter the economy to innovate and to provide ease of living and ease of earning to hundreds of millions of people. The coming generations will indeed be thankful to Prime Minister Modi for being both a nationalist and an internationalist. You have laid a solid foundation for 'Vikasit Bharat' - India as a fully Developed Nation in Amrit Kaal. No power on earth can stop India from becoming a 35 trillion-dollar economy by 2047. And as I see Gujarat alone will become a 3-trillion dollar economy"
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Reliance's commitment to Gujarat's growth
Ambani announced Reliance Industries' commitment to playing a leading role in Gujarat's growth story. He outlined significant investments, including the Dhirubhai Ambani Green Energy Giga Complex, aiming to make Gujarat a global leader in green growth.
5G revolution and digital transformation
Highlighting Reliance Jio's achievement of the fastest 5G infrastructure rollout globally, Ambani asserted that Gujarat is now fully 5G enabled. He predicted that this advancement would position Gujarat as a global leader in digital data platforms and AI adoption, revolutionizing various sectors and creating millions of new job opportunities.
Retail, new materials, and Olympic aspirations
Ambani outlined Reliance's plans to empower Gujarat's retail sector, contribute to the circular economy through new materials like carbon fiber, and collaborate for India's bid for the 2036 Olympics. These initiatives aim to improve education, sports, and skills infrastructure, nurturing future Olympic champions.
Vibrant Gujarat Global Summit's significance
Ambani's words echoed the sentiment that the Vibrant Gujarat Global Summit continues to be a symbol of India's commitment to innovation, economic growth, and global collaboration. His vision aligns with Gujarat's pivotal role in India's journey toward becoming a global economic powerhouse.
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