Reliance Infrastructure will invest in bullet train project: Anil Ambani

Mumbai: Reliance Infrastructure will also be partner in Modi’s most ambitious project bullet train project. Reliance Infrastructure, the flagship company of Infrastructure Sector, said on Tuesday that it will participate in an ambitious project of Indian Railways worth over Rs one lakh crore. Addressing the 88th Annual General Meeting of the shareholders of the company, Anil D. Ambani, chairman of Reliance Infrastructure said, “We have been associated with many Japanese companies through joint ventures and we have a partnership in this highly ambitious project of indian railways.

According to Ambani, the company is focusing on EPC (Engineering, Purchase, Construction) Segment. Ambani said, “We have been elected as the bidders for Bandra-Versova Sea Link in Mumbai,

Ambani further said that the government could soon give a contract to manufacture six submarines worth Rs 50,000 crore. He said, “After the acquisition of Pipavav, we are only two companies in India who are in a position to participate in the government’s strategic partnership program to build submarines.

” We believe that the Defense Sector is a Rising Is the area. 90 percent of the country’s defense equipment is imported. “he said

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