Reliance, global tech firms to invest $9.3 billion in industrial area


MUMBAI (Reuters) - Reliance Industries Ltd and global technology companies will invest 600 billion rupees ($9.34 billion) over 10 years to set up an integrated industrial area in Maharashtra, the company's chairman Mukesh Ambani said.

More than 20 global firms including Cisco, Siemens, Corning Inc., HP, Dell, Nokia and Nvidia had agreed to invest in the project with Reliance, India's largest listed company by market value, he said."When we contacted globally reputed technology companies to participate in this initiative, we received an instant.....

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