Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited (RIL), on Monday announced investment plans to the tune of Rs 3.5 lakh crore at the 45th annual general meeting of the company. In his speech, Ambani said investment plans include Rs 2,00,000 crore on rapid rollout of 5G, Rs 75,000 crore in expanding O2C capacities across value chains and Rs 75,000 crore in new energy business, as announced last year, with potential to double the commitment based on scalability of evolving models.
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