Nagpur will be one of the main hubs for 4G: Mukesh Ambani

Reliance Industries Chairman and Managing Director Mukesh Ambani today said that Nagpur will be one of the main hubs for the proposed 4G services.

"Nagpur will be certainly one of the main hubs when the 4G rolls out next fiscal, and the second capital of Maharashtra will also see more investments in future," Ambani said, talking to reporters here.

The RIL Chairman was here for the convocation of the Institute of Management Technology.

"We already have a polyester plant here, and soon the Reliance Industries will make more investment in Nagpur," Ambani said, without specifying whether it would be greenfield projects.

He said that RIL was exploring the possibility of setting up an international-standard university in the near future. "We have forayed into all important sectors such as telecom, petro, gas and polyester, but not the education, and hence we have decided to have a university which can compete globally," he said.

Today's youth have enormous opportunities, which were unfortunately not available in his time, Ambani added.

On the global economic recession, Ambani said it was a "temporary phase" and India will come out stronger over other nations through it.