- RIL to invest ₹75,000 crore in new energy, aiming to rival the earnings of its Oil-to-Chemicals business.
- Jio plans to establish AI-ready data centers powered by green energy.
- Reliance Retail and Jio to double revenues and EBITDA in the next 3-4 years.
Reliance Industries Limited (RIL) is setting the stage for a transformative decade with a focus on new energy, technology, and scale.
On the technology front, RIL is doubling down on its commitment to becoming a “Deep Tech and advanced manufacturing company.” The company has already filed over 2,555 patents in FY24, and it plans to establish gigawatt-scale AI-ready data centers to serve various sectors.
Reliance’s Strategic Shift: Ambani’s Vision for Energy, Technology, and Market Domination
On the technology front, RIL is doubling down on its commitment to becoming a “Deep Tech and advanced manufacturing company.” The company has already filed over 2,555 patents in FY24, and it plans to establish gigawatt-scale AI-ready data centers to serve various sectors. This move, along with the continued growth of Jio and Reliance Retail, underscores RIL’s ambition to double its market capitalization and revenue by 2027, positioning itself as a global leader in innovation and sustainability.
Jio, RIL’s digital services arm, continues to drive the company’s scale ambitions, now carrying 8% of the world’s mobile traffic with 490 million subscribers. Ambani announced plans to establish AI-ready data centers across India, powered by green energy, which will cater to industries such as retail, healthcare, and education. This initiative not only reinforces RIL’s commitment to sustainability but also positions Jio as a pivotal player in India’s digital and AI infrastructure.
Reliance Retail, another pillar of RIL’s growth strategy, has rapidly expanded to become one of the top five global retailers by store count. Despite its substantial achievements, the retail arm, along with Jio, is expected to double its revenues and EBITDA within the next 3-4 years. This aggressive growth strategy aligns with Ambani’s overarching goal of doubling RIL’s market capitalization by 2027, cementing its position as one of the world’s most valuable companies.
RIL’s emphasis on scale, innovation, and sustainability reflects its strategic evolution from a traditional conglomerate to a technology-driven powerhouse. With significant investments in new energy and AI, coupled with the continued expansion of its core businesses, Reliance is well-positioned to lead in both the Indian and global markets. As Ambani steers the company towards achieving its ambitious targets, RIL’s future growth prospects appear robust and well-aligned with global trends in energy and technology.
Mukesh Ambani’s vision for RIL is a blueprint for a future where new energy, advanced technology, and scale converge to drive unprecedented growth. As Reliance transitions into a leader in green energy and AI, it is set to redefine industry standards and maintain its trajectory as one of the world’s most valuable corporations.
“Jamnagar is the Energy Capital of the World. I am proud to say that by 2025, Jamnagar will also become the cradle of our New Energy business.” – Mukesh Ambani
