Ambani’s Reliance readies a ₹1 lkh cr Southern bet

Reliance Industries has announced plans to invest Rs 1 lakh crore in Andhra Pradesh for the establishment of compressed biogas (CBG) plants, with the aim of creating over 3 lakh jobs and generating nearly Rs 60,000 crore in revenue for the state over the next few decades. During a foundation stone laying ceremony in Madanapalle, Anant M Ambani, executive director of Reliance Industries, highlighted the investment's role in supporting the state's transition to cleaner energy and strengthening India's energy security.

CBG, derived from organic waste, offers a renewable fuel alternative with applications in transport, industry, and commercial operations. Ambani emphasized the potential benefits for farmers, including reduced waste, lower emissions, and the creation of rural jobs and income. He also expressed gratitude to the Government of Andhra Pradesh for the investment opportunity and outlined Reliance's support for the Indian School of Agriculture, which will integrate advanced technology with traditional farming knowledge.

The school will focus on areas such as pest prediction, drone-based crop monitoring, precision irrigation, robotics, and price intelligence, with the goal of making agriculture more attractive to young Indians by providing them with technology, skills, and entrepreneurship opportunities within their villages.