Reliance AGM 2022 key announcements

Jio 5G services : Jio plans to rollout 5G services across multiple key cities including Delhi, Mumbai, Chennai and Kolkata by Diwali.

Affordable smartphones : Company is working with Google to develop ultra-affordable smartphones for the Indian market

Jiomart-WhatsApp partnership : JioMart and WhatsApp partnership will aid growth. JioMart-Whatsapp users can use Whatsapp pay, cash on delivery and other payment methods.

Green energy business :  Mukesh Ambani announced new Giga Factory for Power Electronics.

Solar energy : For solar PV manufacturing, Reliance have acquired REC Solar. Their 10GW solar PV cell and module factory at Jamnagar, based on REC technology.

Bio-energy : Reliance is actively working on bio-energy. Reliance has inaugurated Phase I of its Bio-Energy Technology (BET) Centre at Jamnagar on August 15, 2022.

Green hydrogen : Reliance aim to progressively commence transition from Grey Hydrogen to Green Hydrogen by 2025.

Battery production : Reliance aim to start production of battery packs by 2023.

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