Mumbai: Billionaire industrialist Mukesh Ambani on Thursday said Reliance Industries group plans to work towards promotion of art, culture and heritage and is also building world-class education and healthcare facilities.
Addressing the shareholders of Reliance Industries (RIL) at their Annual General Meeting here, Ambani said that the group's not-for-profit entity Reliance Foundation was "addressing some of India's most pressing developmental challenges".
"Our plans in promotion of art, culture and heritage and urban renewal are under development, and I will report the progress in the coming years," RIL Chairman and Managing Director said.
"Reliance Foundation continues to work on developing a world-class, multi-disciplinary university in Maharashtra, subject to regulatory approvals. In the area of healthcare, we are revamping and creating a world-class, tertiary-care hospital in Mumbai, which will be open to public this financial year," he added.
Talking about 'Reliance Bij ? Bharat India Jodo', launched last year, Ambani said the project has made considerable progress and Reliance Bij now operates in over 350 villages in nine states.
Reliance Bij provides support to small and marginal farmers by focusing on institution and capacity building and helps setting up farmer's associations and producer companies and assists them to source inputs, gain technical assistance and market their produce, while providing marginal farmers a reasonable income on a sustainable basis.
"Today, we provide education to over 15,000 children across 12 schools. Reliance Foundation is well on its way to make an impact and in the process, transform the lives of millions through partnerships with other institutions and by creating differentiated delivery platforms," he added.
First Published: Thursday, June 07, 2012, 13:04