- India,
- 08-Aug-2025 08:40 AM IST
Mukesh Ambani: Reliance Industries Chairman Mukesh Ambani has presented an ambitious vision in his message to shareholders in the company's annual report. He announced that Reliance has created four powerful growth engines—retail, digital services, media and entertainment, and new energy—to accelerate its next phase of expansion. With this, the company is molding itself as a cutting-edge technology (deep-tech) enterprise. Traditionally based on oil and petrochemicals (O2C), the company is now making its strong presence in sectors such as retail, telecom, digital services, media, and clean energy.Four powerful growth enginesMukesh Ambani said that these four platforms—retail, digital services, media and entertainment, and new energy—are based on technology and innovation. These will not only meet the needs of Indian consumers, but also have the potential to revolutionize the global market. These platforms aim to empower people, reduce inequality, promote sustainability, and strengthen India's position in the global economy.1. Retail: Changing Consumer NeedsReliance's retail business has crossed a turnover of Rs 3.3 lakh crore and the number of its stores has reached 19,340. It is changing the way consumers shop in India. The company has integrated digital and physical retail to create a vast network that provides convenient and innovative experiences to consumers.2. Digital Services: Jio's Global LeadershipJio has the distinction of becoming the world's largest data network with 488 million users. Its 5G network includes 191 million users. This network is driving the digital revolution, making data consumption and access to digital services easier. Ambani described it as the backbone of India's digital economy.3. Media and Entertainment: Partnership with DisneyReliance has built a vast and diverse media empire in collaboration with Disney. It has attracted record audiences within a few months of starting operations. The platform is changing the way Indian audiences consume entertainment by delivering entertainment across genres.4. New Energy: Clean and Sustainable FutureIn the new energy space, Reliance has laid the foundation for large-scale clean energy projects. It is committed to meeting India's growing energy demand in a sustainable manner. Ambani said the sector will not only promote environmental sustainability but also make India a leader in global clean energy leadership.Oil and Petrochemicals: Strong BaseReliance's core business—oil and petrochemicals (O2C)—is playing a key role in meeting India's growing demand for energy and materials. It includes the world's largest single-location refinery and petrochemical plant, as well as oil and gas production. Ambani said the business is growing steadily due to disciplined cost management and strong domestic planning. Additionally, production growth from KG-D6 and coal bed methane (CBM) blocks has led to record pre-tax earnings.Deep-tech and innovationAmbani stressed that Reliance is not just expanding businesses but building platforms for the future. The company has more than 1,000 scientists conducting research in areas such as artificial intelligence (AI), renewable energy, cutting-edge materials, and digital platforms. Next-generation technology is being integrated across all businesses such as energy, retail, digital services, and entertainment. This strategy is establishing Reliance as a deep-tech enterprise.Global manufacturing and India's aspirationsAmbani reiterated Reliance's commitment towards making India a global manufacturing superpower. The company is future-proofing its manufacturing infrastructure so that it can meet India's economic and industrial ambitions.Future outlookMukesh Ambani said that in a rapidly changing world, Reliance sees challenges as opportunities. The company is shaping the future through digital technology, global transformation, and technological breakthroughs. His strategy is to not only grow businesses but also develop systems that empower society, promote sustainability, and strengthen India's position on the global stage.
