RIL AGM 2022: 5G in two months, FMCG business, other key announcements here

RIL's chairman Mukesh Ambani announced a slew of measures including the launch of 5G services in India in the next two months and the launch of a new Giga factory for power electronics

Reliance Industries Limited (RIL) held its 45th annual general meeting (AGM) on Monday. RIL's chairman Mukesh Ambani made a slew of announcements. The AGM was held virtually for the third time in a row.

Ambani said the company would launch Jio 5G services in India in the next two months. The company has set aside Rs 2 trillion for making it possible.

"Within the next two months, by Diwali 2022, we will launch Jio 5G across multiple key cities including metro cities of Delhi, Mumbai, Chennai and Kolkata," he said.

Ambani further said that by December 2023, Jio aims to link