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Ambani outlines business goals for his children


MUMBAI: Dependent industry (RIL) President Mukesh Ambani outlined goals for many of the businesses run by his three children.
Under the eldest son Akash AmbaniAs president of Jio Platforms, Jio Platforms should aim to provide “unique digital products and solutions” for the domestic as well as international markets, Mukesh Ambani said at a press conference, said Mukesh Ambani. Internal event to mark the birth anniversary of company founder Dhirubhai Ambani. Jio, RIL’s stable word telecommunications brand, is India’s largest mobile service operator with over 400 million subscribers and is in the process of rolling out its 5G network across the country.
The second business, dependence Ambani said the retail business, run by Akash’s twin sister Isha, should “pursue even more ambitious goals”, providing more jobs and income for its network partners. as farmers, traders and small and medium enterprises. He congratulated Isha on the growth of the retail unit. The business created more than two thousand new jobs last year, making it one of India’s top employers.
Jio and retail accounted for half (50%) of RIL’s operating profit in the second quarter of fiscal 2023.
Ambani, 65, said the goals ahead of RIL’s third and newest startup, new energy, were “crystal clear”. With Anant, our youngest son, joining this Next Generation business, “we are making rapid progress in getting our massive plants ready in Jamnagar (where the refinery complex is located). oil by RIL), said the president of India’s largest company by market value. “From being India’s largest and most valuable company, Reliance is now on its way to becoming India’s ‘greenest’ company.” Ambani has announced plans to invest $75 billion in green energy infrastructure including solar panels and electrolyzers. “Reliance’s next big growth cycle will not be based on resources, but on innovation.”
Ambani first talked about succession planning at RIL at the Reliance event in December 2021. At the internal event, he said that the company was undertaking a “leadership transformation,” this will see him and other seniors give way to the next generation of young leaders.
While all three of his children are on the boards of the telecom, retail and new energy divisions, however, none are on the board of the main company RIL.
Clock Anant Ambani gets ‘Rokafied’; Mukesh Ambani’s youngest son is engaged to Radhika Merchant

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