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Reliance Charts Deep-Tech Future with Four Technology-First Growth Engines

Reliance’s shareholder letter spotlights operational gigascale solar projects as the backbone of its strategy underpinned by robust FY25 earnings

Overview

  • Reliance is executing its overhaul around four technology-first platforms—Retail, Digital Services, Media & Entertainment, and New Energy—integrating next-generation technologies across every business unit.
  • Over 1,000 in-house scientists are leading research in AI, renewable energy, advanced materials and digital platforms to fuel innovation across all four engines.
  • Reliance Jio became the world’s largest data network with 488 million subscribers, including 191 million on 5G, while Reliance Retail crossed ₹3.3 lakh crore in turnover with a network of 19,340 stores.
  • The Oil-to-Chemicals business maintained resilience through disciplined cost management and strong domestic placement, and Oil & Gas segments achieved record EBITDA bolstered by increased output from KG-D6 and CBM blocks.
  • Reliance’s New Energy arm has transitioned from vision to execution by operationalizing gigascale solar installations and large battery projects to expand India’s renewable capacity.