Reliance AGM: Reliance invested $150 billion in the last 10 years, says Mukesh Ambani

Reliance Industries Ltd has cumulatively invested USD 150 billion in the last 10 years, the biggest by any Indian corporate, its chairman and managing director Mukesh Ambani said on Monday at the 46th Annual General Meeting (AGM).

Speaking at the AGM, Ambani said Reliance has been the forerunner of emerging new India.

"We have set seemingly impossible goals and achieved them," he said.


"RIL set new records in creating employment with addition of 2.6 lakh jobs across all businesses. The total number of our on-roll employees is approximately 3.9 lakh. The number of indirect livelihood opportunities we created is many times larger," said Ambani.

‘I am delighted to report yet another year of stellar all-round performance. Reliance’s consolidated revenues stood at ₹9,74,864 cr. Reliance’s EBITDA for FY23 was ₹1,53,920 cr, while the net profit was ₹73,670 cr," he added.