Blueprint for a New RIL
Financial Express Mumbai|August 29, 2023
Ambani lists priority areas: India-specific AI, Jio AirFiber & insurance
RAJESH KURUP
Blueprint for a New RIL

CLEAN ENERGY ALSO IN FOCUS

RELIANCE INDUSTRIES SUPREMO Mukesh Ambani on Monday heralded a 'New Reliance' that has bent its growth trajectory towards a technological future.

Speaking to shareholders at the company's 46th annual general meeting, the RIL chairman and managing director made a slew of announcements about the group's business initiatives, which include deepening the presence in the 5G telecom and internet space, developing India-specific artificial intelligence and solutions across domains, and entry into the insurance space through the newly listed, Jio Financial Services.

However, there were no announcements on initial public offerings of Reliance Jio Infocomm or Reliance Retail.

Ambani also underlined the commitment to fast-track execution of its Green Energy Giga Manufacturing Complex at Jamnagar. He said the company will deliver a fully-integrated, end-to-end solar PV manufacturing ecosystem.

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