Reliance Is Setting Up Gigafactories In India!
Reliance will build a total of 4 gigafactory facilities here in the near future. Our India's Reliance Industries plans to set up a gigafactory each for batteries, fuel cells, photovoltaic cells, and hydrogen at an investment of Rs. 60,000 crores over the next 3 years. Actually, this gigafactory method was planed by Elon Musk is to keep 100 Gigafactory all over the world. Chairman and MD of Reliance Industries, Mukesh Ambani, announced the above on Thursday while addressing the company’s 44th annual general meeting. And he added that a further Rs. 15,000 crores would be spent on future technologies, value chain and partnerships, taking the total investment in the planned new energy ecosystem to Rs. 75,000 crores. According to Mukesh Ambani, the each Reliance gigafactory will work to manufacture and integrate all critical components of new energy ecosystem. “We have started work on developing the Dhirubhai Ambani Green Energy Giga Complex on 5000 acres in Jamnagar,” the
