Reliance building 4 engines for growth, long-term value: Mukesh Ambani

Reliance Industries is laying the groundwork for “high-growth” platforms: retail, digital services, media and entertainment, and new energy, said the conglomerate’s chairman, Mukesh Ambani, in a message to shareholders on Thursday.

"These platforms are positioned to disrupt traditional industries while creating long-term value for both Indian consumers and global markets," he said in the group’s annual report released ahead of the 48th annual general meeting of shareholders.

“As Reliance approaches its golden jubilee, we are creating high-powered engines of growth that are technology-first and innovation-led.”

The conglomerate will continue investing in its core oil-to-chemicals and upstream oil and gas businesses