India, Jan. 11 -- Reliance Industries chairman Mukesh Ambani on Sunday announced a major expansion of the conglomerate's investments in Gujarat, saying the company would double its commitment to the state over the next five years, while strongly praising Prime Minister Narendra Modi's leadership.

Addressing the Vibrant Gujarat Regional Conference for Kutch and Saurashtra, Ambani said Reliance was already the state's largest investor. "In the last five years, we have invested Rs.3.5 lakh crore. Today I am pleased to announce that we will double this investment to Rs.7 lakh crore over the next five years, creating exponential employment, livelihoods and greater wealth for every Gujarati and every Indian."

Ambani credited Prime Minister Mo...