Reliance Battery Giga Factory: Reliance Industries Chairman Mukesh Ambani at the company s 46th annual general meeting (AGM) said that its concurrent priority is to set up its y 2026. Reliance is likely to spend Rs 60,000 crore over the next three years to construct four ‘giga factories’ to make integrated solar PV modules, electrolyzers, fuel cells and batteries to store energy from the grid at its Jamnagar unit
The block comes a day after Reliance Industries chairman Mukesh Ambani announced in the annual general meeting that Jio Financial Services will enter the insurance segment to offer life, general, and health insurance products
In the same month that Bharti Airtel launched its Xstream AirFiber, Reliance Industries Chairman Mukesh Ambani has announced a similar product in the Reliance Jio AirFiber. While the FWA market is still finding its feet in India, reports of cut-throat pricing indicate the industry leader is aiming for another disruption in the nascent market.
Reliance AGM 2023 LIVE: Mukesh Ambani also announced significant changes to the company's board of directors. Nita Ambani will step down from the RIL board