Mukesh Ambani calls India beacon of growth, stability

Reliance Industry chairman Mukesh Ambani on Monday said India stands as a beacon of growth and stability amid widespread unpredictability in the world.

"Amidst this widespread unpredictability, India stands tall as a beacon of growth and stability. The Government’s skilful management of the pandemic, and pragmatic approach in dealing with the ensuing economic challenges, have helped India," said Ambani during RIL's 45th Annual General Meeting.

Talking about the economic stress, he said that the world is facing severe economic stress.


Rising fuel, food and fertiliser prices are impacting everyone, he said adding high inflation and supply disruptions threaten to trigger a global recession.

"The world has almost overcome the COVID-19 pandemic. However, there is uncertainty...owing to heightened geopolitical tensions and global risks," he said. "There is severe economic stress in many parts of the world," said Ambani.