Reliance Industries Limited Chairman and Managing Director Mukesh Ambani said on Wednesday that the company’s balance sheet is very strong. On the basis of this, we are ready for the next level of growth. Ambani said that after the last round of capital expenditure, the company has strengthened its books. According to the news of Bhasha, Ambani has also presented a roadmap of plans ranging from net zero emissions to true 5G network and retail business in the latest annual report of Reliance Industries. Ambani said that in a world full of instability and uncertainty, India is shining as a beacon of stability and prosperity.
These businesses were also added to the main business
According to the news, Reliance Industries, the country’s largest company by market valuation, has added telecommunications, retail and finance businesses to its core business of oil and chemicals in the last decade. Now it is moving on the green path by targeting net zero carbon emissions from its operations by the year 2035.
Ambani said the launch of Jio 4G mobile services in 2016 transformed a data-dark India into a data-rich nation, bringing affordable, high-speed 4G data to every Indian household.
Strengthening digital infrastructure
This year, Jio has further strengthened the country’s digital infrastructure by rolling out its True 5G network across India in world record time. Speaking on the retail business, he said, as India’s largest retailer, Reliance Retail is well positioned to meet the consumption needs of the fast-growing economy.
He said that people are liking the wide range of products of Reliance Retail and the company is also supporting small indigenous shopkeepers and grocery shopkeepers by delivering products from grocery to electronics at home.
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