Reliance Industries has reportedly invested $13 billion on acquisitions in the past five years across new energy, telecom, retail and media business to script a pivot away from core oil and petrochemicals business to clean energy and consumer facing verticals.
The company has invested 14% in new energy, 48% in technology, media and telecommunications (TMT), 9% in retail, and increasingly more in healthcare.
Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.
