Mukesh Ambani pushes deep-tech overhaul as Reliance nears golden jubilee
(RIL) is undergoing a significant transformation, steering itself into a deep-tech-driven future as it nears its 50th anniversary.
In a letter to shareholders, as shared in the company's annual report, Chairman and Managing Director
Mukesh Ambani
said the company is embracing rapid global changes by reshaping its core businesses with cutting-edge technology.
At the centre of this transition are four identified
growth engines
— Retail, Digital Services, Media and Entertainment, and New Energy.
'Each of these platforms is technology-first, innovation-led, and positioned to disrupt industries while delivering massive value to Indian consumers and the global market,' Ambani said.
'In every business — from energy to entertainment, from retail to digital services — we are integrating next-generation technologies,' he added. 'Over 1,000 of our in-house scientists are leading cutting-edge research in areas like AI, renewable energy, advanced materials, and digital platforms.'
Ambani described the shift not as a challenge but as an opportunity for Reliance to evolve with the times. 'The world is changing at breakneck speed — reshaped by digital disruption, global shifts, and technological breakthroughs. At Reliance, we see this not as a challenge but as an opportunity.'
He said the company is now future-proofing its manufacturing infrastructure to support India's ambition to become a global manufacturing powerhouse. 'Our manufacturing infrastructure is being future-proofed to support India's aspiration to become a global manufacturing powerhouse. This evolution mirrors the journey of our great nation.'
He also tied Reliance's transformation to India's broader development agenda during what he referred to as the Amrit Kaal. 'India is shaping the future. This is India's moment. And Reliance is proud to walk shoulder-to-shoulder with the nation — as a committed partner, a responsible value-creator, and a technology-driven enabler of inclusive growth.'
Despite global economic uncertainty, Reliance reported strong financials for FY25. Consolidated revenue rose to ₹10.71 lakh crore, up 7.1% year-on-year. EBITDA stood at ₹1.83 lakh crore, and net profit was ₹81,309 crore, both growing 2.9%.
RIL shares were trading at Rs 1380.20 apiece on the BSE, down 0.92 per cent on Thursday.
Ambani pointed to the company's diversified model and disciplined execution. 'Even amidst external volatility, Reliance delivered a year of solid and balanced growth,' he said.
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