RIL AGM 2022: Ambani will introduce a 5G phone and lay forth new, more expansive energy ideas

29 Aug 2022 , 08:05 AM

Reliance Industries (RIL), owned by business magnate Mukesh Ambani, will conduct its 45th Annual General Meeting (AGM) by video conference today, Monday, August 29, at 2:00 p.m. Some significant announcements will be made at the AGM, including the group’s 5G rollout schedule and the release of its JioPhone 5G. At the AGM, the future road map for various important industries, including retail, telecom, and new energy, is also anticipated.

Ambani had introduced the JioPhone Next, its first smartphone, at the AGM the previous year. Furthermore, the corporation has developed a new energy strategy with a Rs75,000 crore investment spread over three years.

The corporation will increase its spending in this area this year as it shifts its focus to green energy. The RIL AGM today may reveal RIL’s future ambitions for its new energy initiatives. This is significant in light of previous policy developments.

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