April 8 2025
Breaking Alert

Reliance to set up India’s first carbon fibre facility

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Billionaire Mukesh Ambani said his company Reliance will set up India's first and world-class carbon fibre facility at Hazira, Gujarat.

 

While speaking at the Vibrant Gujarat Summit, Ambani said that Reliance was and will always remain a Gujarati company.

 

He also added that Reliance has invested over $150 billion in creating world-class assets and capacities across India in last just 10 years. Of this, more than one third has been invested in Gujarat alone.

 

He said Reliance will contribute to making Gujarat a global leader in green growth. "We will help Gujarat's target to meet half of its energy needs through renewables by 2030."