ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Reliance Industries spearheads $9.3bn Indian industrial park

20 global corporations already on board for site near Mumbai, says chairman

Reliance Jio Infocomm headquarters in Navi Mumbai, India. (Photo by Akira Hayakawa)

MUMBAI -- Indian conglomerate Reliance Industries will partner with major multinationals to develop a modern industrial campus, with outlays expected to reach 600 billion rupees ($9.34 billion) over the next decade.

Mukesh Ambani, Reliance chairman and managing director, revealed the plan Sunday at a global investor summit in Mumbai, several Indian newspapers reported. Ambani said Reliance has already secured joint investment agreements from 20 companies, including Siemens, Cisco Systems, Nvidia and Nokia.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more