To expand its telecom network and roll out 5G, Reliance will invest Rs 75,000 crore in UP.

The billionaire Mukesh Ambani announced on Friday that he will spend Rs 75,000 crore over the next four years expanding the telecom network.

A bioenergy firm will also be established in the state by the oil-to-telecom giant, along with the installation of 10 GW of renewable energy, he added.

Thanks to this year’s Union budget, India is now on pace to attain the status of a developed country.