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The Times of India
The Times of India
Business
PTI

Reliance plans Rs 2.75 lakh crore investment; prepares for larger battle with Adani group

Reliance Mukesh Ambani Gautam Adani FMCG Isha Oil India Mumbai

MUMBAI: Billionaire Mukesh Ambani on Monday announced a Rs 2.75 lakh crore investment plan to expand and diversify his $221 billion-empire by rolling out 5G services from October, adding capacity in the core oil and chemical business and taking on rival Gautam Adani with a foray into FMCG sector.

Ambani, 65, also identified the businesses his three children will lead in clear signs of succession planning at India's most valuable company.

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