Ahmedabad: Reliance Foundation is planning to set up a university for quality research and creativity as well as nurturing future leaders, musicians, scientists and Olympians, said its founder-chairperson Nita Ambani who was speaking at the India Today Conclave in Mumbai on Saturday. She added that sports and education are the two pillars on which 'India tomorrow' will rise.

With her husband Mukesh Ambani, Reliance Industries Chairman and Managing Director in the audience, she delivered a talk titled 'The Great Equaliser: Sports and Education for All' where she said that educational institutions are timeless and they will empower generations to come. The university will be focusing on education, sports, art and culture and will collaborate with other top universities from all over the world. Though, she didn’t mention a timeline for setting up the university.

Ambani said that India is home to one sixth of humanity and half of its population is under the age of 25. "One-fifth of all young people in the world are Indians. In the next two decades, while the world ages, India is poised to become younger. India's youth will build India's tomorrow," she said. "Mukesh and I have a big dream and a firm commitment - To make the Right Education, and the Right to Education available to all."

Reliance Foundation was set up in 2010 to provide impetus to various philanthropic initiatives of Reliance Industries, the country’s biggest private firm. It has established 14 schools across the country, educating over 16,000 children annually.