{"id":22071,"date":"2024-08-29T11:15:00","date_gmt":"2024-08-29T11:15:00","guid":{"rendered":"https:\/\/jammubulletin.com\/site\/?p=22071"},"modified":"2024-08-29T11:15:00","modified_gmt":"2024-08-29T11:15:00","slug":"mukesh-ambani-explains-how-rils-deep-tech-transformation-will-propel-it-to-the-worlds-top-30","status":"publish","type":"post","link":"https:\/\/jammubulletin.com\/site\/mukesh-ambani-explains-how-rils-deep-tech-transformation-will-propel-it-to-the-worlds-top-30\/","title":{"rendered":"Mukesh Ambani explains how RIL\u2019s Deep-Tech transformation will propel it to the world\u2019s Top 30"},"content":{"rendered":"<ul class=\"ul1\">\n<li class=\"li1\"><span class=\"s2\">Addressing the shareholders at the 47<\/span><span class=\"s3\"><sup>th<\/sup><\/span><span class=\"s2\"> Annual General Meeting of Reliance Industries Limited on Thursday, 29<\/span><span class=\"s3\"><sup>th<\/sup><\/span><span class=\"s2\"> August 2024, Mr Mukesh Ambani, Chairman &amp; Managing Director, laid out RIL\u2019s roadmap for Deep-Tech transformation and how that will propel its future rapid growth.<\/span><\/li>\n<li class=\"li1\"><span class=\"s2\">\u201cBreakthrough technologies and innovation have always been the greatest wealth creators for nations, as well as for corporates. Reliance internalised this Vikas Mantra at every stage of our growth. In recent years, this mantra is transforming Reliance into a Deep-Tech company with Advanced Manufacturing capabilities,\u201d said Mukesh Ambani<\/span><\/li>\n<li class=\"li1\"><span class=\"s2\">Reliance is embedding innovative technologies in every single business, it is incubating several critical technological innovations in-house, and it has built an AI-native digital infrastructure for all Reliance businesses, with its own software stack. These <i>Atmanirbhar<\/i> efforts, will accelerate India\u2019s transformation into a Deep-Tech Nation. <\/span><\/li>\n<li class=\"li1\"><span class=\"s2\">Reliance spent over <\/span><span class=\"s4\"><b>\u20b9<\/b><\/span><span class=\"s5\"><b>3,643<\/b><\/span><span class=\"s2\"> crore (US$ 437 million) in FY24 towards R&amp;D, taking its spend on research to over <\/span><span class=\"s4\"><b>\u20b9<\/b><\/span><span class=\"s5\"><b>11,000 crore<\/b><\/span><span class=\"s2\"> (US$ 1.5 billion) in the last four years alone. It has more than 1,000 scientists and researchers working on critical research projects across all the businesses. <\/span><\/li>\n<li class=\"li1\"><span class=\"s2\">Last year Reliance filed over 2,555 patents, mainly in the areas of bio-energy innovations, solar and other green energy sources, and high-value chemicals. <\/span><\/li>\n<li class=\"li1\"><span class=\"s2\">Digital is another principal area of the company\u2019s in-house research. It has filed patents in 6G, 5G, AI-Large Language Models, AI-Deep Learning, Big Data, Devices, Internet of Things, and Narrowband-IoT. <\/span><\/li>\n<li class=\"li1\"><span class=\"s2\"><span class=\"s2\">While assuring shareholders that the tech-driven transformation will propel Reliance into a new orbit of hyper-growth, Mukesh Ambani said, \u201cOur future is far brighter than our past. For example, Reliance took over two decades to be amongst the Top 500 companies globally. The following two decades saw us joining the league of the world\u2019s Top-50 most valuable companies. With our strategic adoption of Deep-Tech and Advance Manufacturing, I can clearly see Reliance earning a place in the Top-30 League in the near future.\u201d<\/span><\/span>\n<p><figure id=\"attachment_22072\" aria-describedby=\"caption-attachment-22072\" style=\"width: 300px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-22072\" src=\"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-29-at-4.43.53-PM-300x221.png\" alt=\"Mukesh Ambani explains how RIL\u2019s Deep-Tech transformation will propel it to the world\u2019s Top 30\" width=\"300\" height=\"221\" \/><figcaption id=\"caption-attachment-22072\" class=\"wp-caption-text\">Mukesh Ambani explains how RIL\u2019s Deep-Tech transformation will propel it to the world\u2019s Top 30<\/figcaption><\/figure><\/li>\n<li><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Addressing the shareholders at the 47th Annual General Meeting of Reliance Industries Limited on Thursday, 29th August 2024, Mr Mukesh Ambani, Chairman &amp; Managing Director, laid out RIL\u2019s roadmap for Deep-Tech transformation and how that will propel its future rapid growth. \u201cBreakthrough technologies and innovation have always been the greatest wealth creators for nations, as [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6,89],"tags":[],"class_list":["post-22071","post","type-post","status-publish","format-standard","hentry","category-business","category-national"],"gutentor_comment":0,"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mukesh Ambani 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