Reliance Industries Chairman Mukesh Ambani has lauded Prime Minister Narendra Modi, referring to him as an "invincible protective wall" for India amidst global economic uncertainties. Speaking at the Vibrant Gujarat Regional Conference (VGRC) in Rajkot, Ambani highlighted India's resilience and the Prime Minister's role in ensuring the country remains stable despite geopolitical challenges.
Ambani stated that the current global landscape is fraught with rapid changes and unexpected turbulence. However, he asserted that these challenges "cannot touch or trouble our people because India has the invincible protective wall called Narendra Modi". He emphasized that this is India's defining decade under Modi's leadership.
Prime Minister Modi inaugurated the VGRC, emphasizing that India is experiencing "unprecedented certainty and political stability" while the world grapples with uncertainty. He appealed to investors to capitalize on the opportunities within the country as it стремится towards becoming the world's third-largest economy. Modi highlighted India's strengths, noting that it is the fastest-growing large economy, a leading manufacturer of vaccines, and a leader in digital transactions.
Ambani echoed this sentiment, stating that the "Modi era" will be remembered as a time when India transitioned "from potential to performance, from aspiration to action, and from being a follower to becoming a global force". He credited the Prime Minister with instilling a sense of purpose and restoring India's civilizational confidence on the global stage.
Furthermore, Ambani announced that Reliance will be doubling its investment in Gujarat, increasing it from ₹3.5 lakh crore to ₹7 lakh crore over the next five years. This investment aims to create more jobs and wealth for the people of Gujarat and India. As part of this commitment, Reliance is building India's largest AI-ready data center in Jamnagar, with the goal of providing affordable AI for every Indian. Jio plans to launch an intelligent platform to provide access to AI services in various languages, starting in Gujarat. Ambani also expressed his ambition to transform Kutch into a global hub for clean energy.
Several reports indicate India's strong economic position amidst global headwinds. The United Nations projects South Asia to outperform most regions in 2026 and 2027, with India as the anchor of this regional resilience. Despite a projected moderation in growth from 7.4% in 2025 to 6.6% in 2026, India remains among the fastest-growing major economies, driven by domestic demand and public investment.
Prime Minister Modi is actively promoting India as a stable investment destination. He emphasized the country's political stability, policy continuity, and expanding middle class, which contribute to India's immense potential.
In conclusion, Mukesh Ambani's remarks underscore the confidence of Indian business leaders in the country's leadership and its ability to navigate global challenges. The focus on domestic growth, technological advancement, and green energy initiatives signals a strong commitment to India's continued progress on the world stage.
