As Reliance nears golden jubilee, Mukesh Ambani writes letter to shareholders, says…
GH News August 07, 2025 08:07 PM

Reliance Industries has developed four major growth drivers: retail digital services media and entertainment and new energy to fuel its next phase of expansion Chairman Mukesh Ambani stated. In a message to shareholders in the company’s latest annual report he also noted that Reliance is transforming into a next-generation deep-tech enterprise.
Mukesh Ambani’s Address To Shareholders
The firm which traditionally had oil and petrochemicals as the growth drivers has in the last few years ventured into retail - both online and physical stores - telecom and digital services built a media empire around news and entertainment channels and laid the foundation for giga factories for its clean energy foray.
Each of these (four) platforms is technology-first innovation-led and positioned to disrupt industries while delivering massive value to Indian consumers and the global market Ambani said.
On its mainstay cash-cow oil-to-chemicals (O2C) business which houses the worlds largest single location oil refinery complex and petrochemical plants and oil and gas production business he said these will continue to grow while catering to Indias rising energy and materials demand.
We are not just scaling businesses - we are building platforms that empower people reduce inequality drive sustainability and elevate Indias position in the global economy.
Whether its transforming the way Indians shop consume data watch content or power their homes and businesses - Reliance is shaping the future with purpose and conviction he said.
Ambani said the world is changing at breakneck speed reshaped by digital disruption global shifts and technological breakthroughs.
Mukesh Ambani On Reliance Industries Future Plans
At Reliance we see this not as a challenge but as an opportunity. We are reimagining our future and reshaping our businesses to become a new-age deep-tech enterprise he said adding that next-generation technologies are being integrated in every business vertical - from energy to entertainment from retail to digital services.
The conglomerate has over 1000 in-house scientists who are leading cutting-edge research in areas like AI renewable energy advanced materials and digital platforms.
Our manufacturing infrastructure is being future-proofed to support Indias aspiration to become a global manufacturing powerhouse he said.
Giving performance highlights of each of the businesses Ambani said while retail crossed Rs 3.3 lakh crore in turnover and expanded its footprint to 19340 stores Jio emerged as the worlds largest data network with 488 million users including 191 million on 5G.
In the media space Reliance built a large and distinctive media institution in partnership with Disney across genres and has delivered record viewership and engagement metrics within the first few months of commencing operations.
While O2C demonstrated resilience through disciplined cost management and strong domestic placement oil and gas delivered record EBITDA with increased output from KG-D6 and CBM blocks he said.
New energy transitioned from vision to execution - operationalising giga-scale solar and battery energy projects he said.
At the heart of Reliances success is a foundation built on values trust and talent. Our strong balance sheet relentless focus on productivity and unwavering commitment to excellence give us the confidence to embrace bold ambitions he added.
(With Inputs From PTI)