“Our future is much brighter than our past. For example, Reliance took two decades to rank among the top 500 companies globally. The next two decades saw us join the league of the world’s top-50 most valuable companies. With our strategic adoption of deep- In tech and advanced manufacturing, I can clearly see Reliance breaking into the top-30 league in the near future,” Ambani said.
RIL AGM Today: Track this space for all important updates
About Rs. With a market capitalization of Rs 21 lakh crore, RIL is India’s most valuable listed company and ranks 45th globally. In USD terms, RIL m-cap is close to the $250 billion mark.
Minutes before the AGM speech, Ambani delighted shareholders by announcing that the RIL board would consider issuing bonus shares in the ratio of 1:1. Bluechip stock Rs. It jumped more than 2% to an intraday high of 3,074.
During his AGM speech, the tycoon said that RIL is transforming into a deep-tech company with advanced manufacturing capabilities. “We have built an AI-native digital infrastructure for all Reliance businesses, and built our software stack, which integrates end-to-end workflows and real-time dashboards,” Ambani said.
Also Read: Mukesh Ambani Announces AGM Bonanza, RIL Will Consider Bonus Issue
Describing Jio as a true deep-tech innovator, he said that one of the most gratifying aspects of Jio’s journey is that everything that has been achieved is driven by our technology.
“To streamline AI adoption, Jio is developing a comprehensive suite of tools and platforms spanning the entire AI lifecycle. We call this Jio Brain,” he said, adding that Jio’s AI Everywhere for Everyone vision will democratize AI for everyone in India. Most affordable price.
Ambani also announced that Jio users will get up to 100 GB of free cloud storage to securely store and access all their photos, videos, documents, all other digital content and data.
“And we will also have the most affordable prices in the market for those who need more storage,” said the RIL chairman, adding that plans to launch the Jio AI-Cloud welcome offer from Diwali this year, a powerful and will bring an affordable solution. That cloud data storage and data-driven AI services are available to everyone, everywhere.
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