Visakhapatnam: RIL Chairman and Managing Director Mukesh Ambani on Friday said India has now become the fastest-growing large economy in the world. The rollout of Jio True 5G will be completed before the end of 2023 throughout India, he added.

Addressing the Global Investors Summit 2023 in Visakhapatnam, Ambani said “Under the determined and farsighted leadership of our Prime Minister Shri Narendra Modi, India has now become the fastest-growing large economy in the world.”

“There is energy, enthusiasm and ambition among the youth; there is hope, optimism and dynamism among the business community; and there is an all-pervasive confidence that Andhra will emerge as a leading player in New India’s growth story,” Ambani said during his speech at the event.

He added that Reliance has been among the first corporates to believe in the economic potential of Andhra Pradesh. It is in this state where the company’s oil and gas exploration team found gas in 2002, and RIL has invested over Rs 1,50,000 crore in the KG-D6 assets developing and supporting gas pipeline.

Talking about Jio, Ambani said, “We are creating the largest and the best digital network footprint in the state by investing over 40,000 crores. Our 4G network covers 98% of Andhra Pradesh’s population, including those living in the remotest corners of the state. The rollout of Jio’s True 5G will be completed before the end of 2023 throughout India, including your state of Andhra Pradesh. Jio’s True 5G, will trigger a new wave of the digital revolution in Andhra Pradesh, benefiting every sector of the economy.”

The sprawling sports grounds of Andhra University is hosting the two-day Global Investors Summit 2023, where about 200 stalls have been set up, including over 30 showcasing the various advantages of investing in Andhra Pradesh in 13 crucial sectors identified by the government.

The venue has five massive halls and each hall will host different events such as government-to-business (G2B) meetings, seminars, and meetings. Over 8,000 dignitaries and investors from across India and 40 other countries including China and USA are attending the event, a government press release said. DeshGujarat