‘Modi hai toh mumkin hai…’ says Reliance Jio Infocomm’s Akash Ambani, praises ‘synergy between government and industry’

Akash Ambani, Chairman of Reliance Jio, praised Prime Minister Modi for fostering a strong collaboration between government and industry, at the ITU World Telecommunication Standardization Assembly in Delhi.

Livemint
Updated15 Oct 2024, 11:54 AM IST
Akash Ambani, Chairman of Reliance Jio, praised Prime Minister Modi for fostering a strong collaboration between government and industry, at the ITU World Telecommunication Standardization Assembly in Delhi.
Akash Ambani, Chairman of Reliance Jio, praised Prime Minister Modi for fostering a strong collaboration between government and industry, at the ITU World Telecommunication Standardization Assembly in Delhi.(File)

Reliance Jio Infocomm Chairman Akash Ambani has praised Prime Minister Narendra Modi and the government for creating “unusual synergy between government and industry”, ANI reported on October 15.

Speaking at the ITU World Telecommunication Standardization Assembly (ITUWTSA 2024) event in Delhi, Ambani stated, “In New India, in Modiji's India, there is no more business as usual. there's an unusual synergy between government and industry to deliver world-class services to satisfy the needs and expectations of 1.45 billion Indians. As a representative of young India, I thank you for your incredible connection with the youth and for inspiring us to pursue impossible-looking goals. As we say in Hindi, ‘Modi hai toh mumkin hai’…”

Also Read | MSRTC cancels fare hike, eases travel costs for festive season
Also Read | Nvidia up 14% amid strong demand for Blackwell chip, AI growth prospects

‘Indian data should remain in India’

Further speaking at the event, Ambani expressed that India should urgently “embrace AI with a holistic strategy”, adding that Indian data should remain in India's data centres, PTI reported. To this end, he urged the government to expedite the process of updating the Data Centre Policy 2020 draft, it added.

"... The scale and speed of multilingual data generation in India, which will drive the AI revolution, will grow exponentially. We request the government to expedite the updating of the 2020 draft of the Data Centre Policy that Indian data should remain in India's data centres," he said.

Also Read | Delhi’s AQI hits 175, numbers ‘poor’ for third consecutive day

Ambani also called AI a "revolutionary tool" that will transform all areas including agriculture, education, healthcare, and manufacturing.

"Therefore, Indian companies ready to set up AI and machine learning data centres should get all necessary incentives, including incentives for power consumption," he added.

Also Read | India’s Richest: Mukesh Ambani retains top spot on Forbes List, Adani at second

About Akash Ambani

Akash Ambani took over the digital arm of Reliance Industries, Reliance Jio Infocomm in June 2022 after Mukesh Ambani resigned as the director of the company that month.

In 2021, Ambani said that his kids were taking more responsibilities as part of the leadership shift. He said he could see in his children the same spark and potential of his father Dhirubhai Ambani – Reliance’s founder – for contributing to the country's growth.

(With inputs from Agencies)

 

Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:15 Oct 2024, 11:54 AM IST
Business NewsCompaniesNews‘Modi hai toh mumkin hai…’ says Reliance Jio Infocomm’s Akash Ambani, praises ‘synergy between government and industry’

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Vedanta share price

    478.40
    01:02 PM | 17 OCT 2024
    -8.4 (-1.73%)

    Tata Steel share price

    153.80
    01:02 PM | 17 OCT 2024
    -1.45 (-0.93%)

    Reliance Industries share price

    2,717.85
    01:02 PM | 17 OCT 2024
    9.85 (0.36%)

    Bharat Petroleum Corporation share price

    343.90
    01:02 PM | 17 OCT 2024
    -6.95 (-1.98%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Honasa Consumer share price

    493.40
    03:46 PM | 12 SEP 2024
    -28.6 (-5.48%)

    Prism Johnson share price

    219.60
    03:59 PM | 12 SEP 2024
    -12.05 (-5.2%)

    R R Kabel share price

    1,655.30
    03:59 PM | 12 SEP 2024
    -58.75 (-3.43%)

    Raymond share price

    1,856.60
    03:59 PM | 12 SEP 2024
    -57.95 (-3.03%)
    More from Top Losers

    Engineers India share price

    227.05
    03:57 PM | 12 SEP 2024
    17.45 (8.33%)

    Century Textiles & Industries share price

    2,788.10
    03:41 PM | 12 SEP 2024
    174.75 (6.69%)

    Gujarat Fluorochemicals share price

    4,298.70
    03:47 PM | 12 SEP 2024
    266.55 (6.61%)

    FDC share price

    612.40
    03:48 PM | 12 SEP 2024
    35.1 (6.08%)
    More from Top Gainers

      Recommended For You

        More Recommendations

        Gold Prices

        • 24K
        • 22K
        Bangalore
        77,915.00510.00
        Chennai
        77,921.00510.00
        Delhi
        78,073.00510.00
        Kolkata
        77,925.00510.00

        Fuel Price

        • Petrol
        • Diesel
        Bangalore
        102.86/L0.00
        Chennai
        100.85/L0.10
        Kolkata
        104.95/L0.00
        New Delhi
        94.72/L0.00

        Popular in Companies

          HomeMarketsloanPremiumMint Shorts