Mukesh Ambani praises PM Modi’s ‘bold reforms’, says it will pave way for India’s rapid economic progress

Reliance Industries Limited’s billionaire chairman Mukesh Ambani on Sunday hailed the ‘bold reforms’ introduced under PM Narendra Modi’s leadership and said that India will undergo rapid economic progress with those policies in the years to come.

As he addressed a virtual rally of students at Pandit Deendayal Petroleum University’s (PDPU) convocation ceremony, he said “his (Prime Minister Narendra Modi) passionate and dynamic leadership has made the world sit up and take notice of the emergence of a new India. His confidence and conviction have inspired and galvanised the entire nation.”

“I am sure that the bold reforms introduced under his leadership will pave the way for India’s swift recovery and rapid economic progress in the years to come,” Mukesh Ambani added.

Mentioning about PM Modi’s tenure as the Gujarat Chief Minister, he stated, “…all of us know that PDPU itself is a product of Honourable Prime Minister Narendra bhai’s ‘Atma Nirbhar’ vision. It is a vision he cherished even when he was the Chief Minister of Gujarat…”
“PDPU is only fourteen years old. Yet, it already ranks among the top-25 in the Atal Ranking of Institutions on innovation,” Ambani said.

“The future of energy is being shaped by unprecedented changes. And these changes are impacting the future of humanity — indeed, the very future of our planet,” the Chairman of Reliance added as he emphasized the country’s energy needs.

“The most important question we face is this: Can we produce the growing amounts of energy we need to sustain our economies without harming the environment?” he said.
Addressing the topic of climate change, Ambani emphasized that we need to fulfil our Climate Change obligations ‘without failing.’

“We need breakthroughs in new energy sources such as green and blue hydrogen. We also need great innovations in energy storage, saving and utilisation,” he said over the matter of future energy prospects.

“What makes it even more exciting is the synergy between the Energy Revolution and the Fourth Industrial Revolution. If we master this synergy, we will surely be able to make India one of the most prosperous nations in the world. An India that guarantees prosperity and wellbeing for all 1.3 billion Indians,” the RIL Chairman added.