Mukesh Ambani Promises Investment Announcements In J&K, Ladakh; Will Set Up Special Task Force

Speaking at the Annual General Meeting of Reliance Industries Limited, Ambani said that Reliance stands committed to support people of Jammu and Kashmir and Ladakh.

Mukesh Ambani (PIC/Reliance Jio)

New Delhi: Reliance would soon make several new announcements related to investment in the two newly created Union Territories Jammu and Kashmir and Ladakh, Mukesh Ambani the chairman and managing director of the company said. While speaking at the 42^nd Annual General Meeting of the company, Ambani said that Reliance stands committed to support people of Jammu and Kashmir and Ladakh. "Responding to the Prime Minister's appeal, we stand committed to support people of Jammu and Kashmir and Ladakh in all their developmental needs. Hence, we will create a special task force and you will see several announcements for Jammu & Kashmir and Ladakh region in our developmental initiatives in the coming months," he said . He also said that Reliance Industries Limited (RIL) has taken up the responsibility of the families of CRPF personnel killed in Pulwama terror attack in Februrary this year. "As a mark of respect to the Pulwama martyrs, we have assumed full responsibility for the education of their children and the livelihood of their families," he said. Prime  Minister Narendra Modi in his address to the nation on Kashmir on August 8, urged the companies to invest in the Jammu & Kashmir and Ladakh region to increase employment opportunities for local people there. The Parliament had revoked Article 370 that gave special status to the Jammu and Kashmir and also passed Jammu and Kashmir (Reorganization) Act 2019, reorganising the state as two Union Territories--Jammu and Kashmir with Assembly and Ladakh without it.