Will invest R50K cr in MP, says Anil Ambani

Reliance ADAG chairman Anil Ambani on Friday said that his company would invest around Rs 50,000 crore in Madhya Pradesh in the next six months.

The industrialist met Madhya Pradesh chief minister Shivraj Singh Chouhan at his residence. He said the state was the only one where his group was investing Rs 45,000 crore in a particular sector. The announcement was first made in October at the global investors’ meet in Indore. Ambani said Rs 30,000 crore will be invested in Sasan project, of which Rs 4,000 crore will be invested in coalmines.