Mumbai: Reliance Industries Chairman Mukesh Ambani on Wednesday said sustained double-digit growth for India is possible, and that stable economic leadership defines a country.
Speaking at a JioBlackRock event here, Ambani also said that in the next decade, India will not be importing 80 per cent of its energy.
Every Indian village has a 5G network that is better and cheaper than any other country, he noted.
AI is real, and it is hugely advantageous for India. We shouldn’t get scared of AI. We have to embrace technology and not run away from it.
We are not going to be behind the world when it comes to technological infrastructure.
We’ve also had a sustainable policy. We’ve continuity in policy. We have also been conservative.
Sustained double-digit growth for India is possible; stable economic leadership defines a country.
Every Indian village has a 5G network better and cheaper than any other country.
I can clearly see 100 new Reliances coming up in the country.
The world is taking note of India.
Larry (Fink) told me that at the end of the day, purpose of Blackrock is not to just make short term result or not even to make returns for my investors and my shareholders, if I cannot put this money to work first for the betterment of society and as a byproduct I give my investors and shareholders returns, then I would have done my job. And that is the Reliance philosophy too.
I think that the Indian opportunity stands at $4.5 trillion in 20-30 year period will outgrow rest of world.
In the next decade, India will not be importing 80 percent its energy.
