Mumbai, Feb. 4 -- Mukesh Ambani, Chairman of Reliance Industries, on Wednesday, predicted that India will significantly reduce its energy imports within the next decade, aiming to become reasonably self-sufficient.

Speaking at an event in Mumbai, Ambani said India's long-term growth opportunity remains intact and could significantly outpace global growth over the coming decades. "As we stand today, India is about a four to four-and-a-half trillion dollar economy in a 110 trillion dollar world. I see India outgrowing the world and finding its right place," he said.

Ambani said he believes India's economy could expand to USD 25-30 trillion over the next 30 years. "The India opportunity is a 10, 20, 30-year opportunity. And when you think ...