Reliance Chairman hails PM Modi amid Adani row

Mukesh Ambani, the Reliance chairman was speaking at the Uttar Pradesh Global Investor Summit 2023 in Lucknow on February 10 where he applauded PM Modi for transforming India in his tenure.


Ambani expressed his liking for the budget FY23 which he called the “foundation of the emergence of India as a Developed Nation.” He further elaborated that this year’s budget will build foundation for the growth of the country’s capital expenditure which sums up the real meaning of India’s ‘Amrit Kaal’.

The possible reasons behind the Chairman’s bold words could be justified under 4 parameters:

  • India’s quick rate of adopting technology in the industrial world
  • According to Ambani since India has the largest share of the youth which is “brimming with entrepreneurial energy and passion” can prove to be wonders to set stage for India on a global platform
  • Decreasing regional inequality between the rural and the urban set up due to the PM’s vision
  • The change in attitude among Indians due to the leadership of PM Modi. According to Ambani, ‘Unprecedented optimism and hope are present among the populace.’

Along with PM Modi, Mukesh Ambani also flattered Uttar Pradesh CM, Yogi Adityanath and said Yogi’s state had become “the centre of hope” for India. From Noida to Gorakhpur, people are brimming with energy and excitement, he said. Uttar Pradesh is emerging as “Uttam Pradesh”, be it law and order, Infrastructure or ease of doing business.