Overview

• Mukesh Ambani told shareholders India can grow 10% a year, projecting a four- to five-fold rise in per-capita income within twenty years.
• He urged an India-first development model that avoids copying foreign templates and relies on deep technologies such as AI, clean energy and genomics.
• Calling this a golden age of abundance driven by technology, he said India’s rise is unstoppable despite global uncertainty and trade frictions.
• The remarks came as the government prepared to release April–June GDP data, with a Reuters poll pointing to 6.7% year-on-year growth after 7.4% in the previous quarter.
• Business Today reported RIL shares were down about 1.5% in afternoon trading at Rs 1,366.90, valuing the company at Rs 18.53 lakh crore.