With this, RIL joins conglomerates like Tata, JSW, and Adani, which have announced big investments for the next decade.
Last month, the JSW group revised its investment target to $70 billion by 2030 - mainly in ports, steel, and infrastructure.
The new investment figure given by JSW includes $5 billion in electric vehicles in Odisha, announced in February this year.
The Tata group has announced plans to invest $120 billion while firms in the Adani tent will put in $100 billion in the next one decade mainly to build airports, sea ports, and roads. Aditya Birla group-owned Ultratech has announced it will invest ₹32,400 crore ($3.88 billion) as capex over the next three years.
This story is from the July 03, 2024 edition of Business Standard.
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This story is from the July 03, 2024 edition of Business Standard.
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