Reliance to set up carbon fibre facility in Gujarat

Speaking at the Vibrant Gujarat Summit Mukesh Ambani, Chairman Reliance Industries Ltd said his company will set up India’s first and world-class carbon fibre facility at Hazira. Reliance has invested over $150 billion (₹12 lakh crore) in creating world-class assets and capacities across India in last just 10 years. Of this, more than one third has been invested in Gujarat alone.

He said Reliance will contribute to making Gujarat a global leader in green growth. “We will help Gujarat’s target to meet half of its energy needs through renewables by 2030.”