Bold reforms will pave way for India’s swift economic progress: Ambani



Gandhinagar/New Delhi

Mukesh Ambani, chairman, Reliance Industries Limited (RIL) said on Saturday that the passionate and dynamic leadership of Prime Minister Narendra Modi has made the world sit up and take notice of the emergence of a New India.

Addressing the convocation ceremony of Pandit Deendayal Petroleum University (PDPU) virtually, Ambani, who is also president of PDPU, said, “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.”  

“His passionate and dynamic leadership has made the world sit up and take notice of the emergence of a New India,” Ambani added at the convocation.  

“All of us know that PDPU itself is a product of Prime Minister Narendrabhai’s ‘Atma Nirbhar’ vision. It is a vision he cherished even when he was the Chief Minister of Gujarat to make India self-reliant in the areas of energy, energy education, research and innovation,” Ambani said.  

“By the middle of this century, the world will use twice as much energy as we use today. In the next two decades, India’s own per-capita energy needs will be more than twice as much as today.

Therefore, India is required to simultaneously pursue two goals: to become an economic superpower. To become a green and clean energy superpower,” Ambani said.  

Ambani added, “To achieve these twin goals, we need disruptive solutions in renewables, low carbon and carbon recycle technologies. We need breakthroughs in new energy sources such as green and blue hydrogen. We also need great innovations in energy storage, saving
and utilisation.”