ril agm 2024: Key Insights from Mukesh Ambani's Vision for Reliance Industries
Thursday, 29 August 2024, 19:19
ril agm 2024 Highlights
Mumbai: At the ril agm 2024, Mukesh Ambani unveiled an impressive growth strategy for Reliance Industries Ltd., emphasizing plans to double revenues and pre-tax profit in just 3-4 years. This ambitious roadmap includes significant advancements in both retail and telecom, with each sector expected to surpass USD 100 billion.
Future Growth Sectors
- New Energy Business: Expected profitability by 2031.
- Core Oil and Chemical Sector: Continues as the primary growth engine.
- AI Initiatives: Introduction of 'Jio Brain' focusing on AI tools and platforms.
- Infrastructure Expansion: Gigawatt scale AI-ready data centers in Jamnagar, Gujarat.
Reliance is on track to more than double in size before 2030, reinforcing the company's dedication to innovation and sustainability.
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