India must become self-reliant in critical technologies, industries: Mukesh Ambani

Gandhinagar, Dec 12: Billionaire Mukesh Ambani on Thursday said India must become self-reliant in critical technologies and industries to tide over geopolitical situations that may pose challenges to the country's future progress.

Speaking at the 13th convocation of Pandit Deendayal Energy University here, he contrasted India's "sprinting" 8 per cent economic growth with "erosion of confidence all around.

"There is erosion of confidence all around. In contrast, India is bubbling with hope and self-confidence," he said. "A decade ago, the rest of India was talking about Vibrant Gujarat. Today, the rest of the world is talking about a Vibrant India." Ambani, chairman of Reliance Industries Ltd and president of PDEU, stated that the geopolitical situation has created certain challenges for India's future progress. "India must become Atma Nirbhar -- self-reliant -- in critical technologies and industries," he said.