Reliance Industries to invest Rs 20,000-cr in West Bengal expansion
During the Bengal Global Business Summit (BGBS), Reliance Industries announced a substantial investment of Rs 20,000 crore in West Bengal over the next three years. The funds will be directed towards retail, bio-energy, and digital life solutions. Reliance plans to establish compressed bio-gas (CBG) plants, aiming for 100 plants in the next three years, utilizing agricultural residue and organic waste. The company, currently operating 20 lakh sq. ft. of warehouses in the state, will significantly increase its capacity. Reliance Retail, with nearly 1,000 stores, aims to expand to over 1,200 in the next two years. The focus remains on providing quality education, healthcare, and agricultural solutions at scale in the state. Over the past few years, Reliance has already invested nearly Rs 45,000 crore in West Bengal.
📅Published on:
23 November 2023
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