Trump Is Imprissed With Mukesh Ambani Over 4G

Wed Feb 26 2020 11:11:44 GMT+0530 (IST)

US President Donald Trump who is in India for a 36-hour tour has invited Reliance Industries Chairman and Managing Director Mukesh Ambani to invest in the energy sector in the US and also commended him for transforming India’s telecom sector with his Jio.

"Great job you have done. Thank you," Trump told Ambani.

"We are investors in the United States in the energy sector and have invested $7 billion towards that," Ambani told Trump.

Donald Trump who was mesmerized by the way Jio transformed the telecom sector in India asked whether they are tinking of 5G too. "You're doing 4G. Are you going to do 5G too?", he asked.

"All of us in the business community are really supportive. We do acquisitions in the US and they're getting approved fast and we hope that will continue for the Indian companies," Ambani said.

Mr. Trump said that the companies will thrive only if he is in the President's post.

"It will happen till I am there but if the wrong one gets elected, that won't happen at all. Everything will come to a halt, your unemployment rate will come to 8 or 9 or 10 (per cent) and a lot of bad things will happen," he said.

"It would be devastating as the economy has never been as good as today," Trump added.