What Isha, Akash and Anant Ambani said about the future of Reliance at AGM 2025

Reliance held its 48th Annual General Meeting 2025 on Friday, August 29. Here is the sneak peak of what Anant Ambani, Isha and Akash said in today’s meeting.

Akash Ambani said, “This is not just a milestone in terms of scale. It is a testament to the deep and widespread trust that Jio has earned from every corner of India.”

Jio handles the world’s largest wireless data traffic and is now focusing on helping businesses of all sizes with easy and secure digital platforms, including AI-powered solutions. This is making advanced technology available to everyone.

Jio has transformed into a deep-tech company, building its own technology in India, including 5G and new broadband solutions. Its JioAirFiber service is already the world’s largest fixed wireless broadband, adding over a million homes each month.

Ambani underlined that Jio, with AI integration, is creating smarter services, from customer support to diagnostics, helping India move towards becoming the world’s first AI-native digital economy. Over 220 million users are already using the Jio True 5G network.

Here are 4 different products that he has mentioned in today’s AGM meeting 2025:

Jio AI Cloud has grown from just storage to an AI-powered memory companion. It can organise documents, find memories by voice in your language and even help create reels, albums and videos with ease.

JioPC turns any TV or screen into a full AI-ready computer through the Jio Set-Top Box. It offers cloud-based computing on demand, with no upfront cost and gives access to powerful apps and tools.

JioFrames are AI-powered smart glasses that support Indian languages and hands-free use. They let you capture photos, record videos, get real-time help and stay connected with calls, music and meetings.

JioStar and JioHotstar have become global leaders with massive content and 300 million paying users. New AI features like RIYA (voice search), Voice Print (AI dubbing), JioLenZ (customised viewing) and MaxView 3.0 (interactive cricket experience) are reshaping how Indians watch entertainment.

Reliance’s E&P business contributes nearly 30% of India’s natural gas and delivered record earnings last year. Higher output from KG-D6 and CBM fields, along with new drilling plans, is driving growth.

O2C remains Reliance’s backbone, processing a record 72.2 million tonnes of crude with strong revenue growth. The business is focusing on sustainability, new petrochemical projects and reaching net carbon zero by 2035.

Jio-bp is rapidly growing as a fuel and mobility player, expanding its retail and EV charging network. It is introducing cleaner fuels, biofuels and hydrogen solutions to power India’s mobility future.

Reliance is building one of the world’s most integrated clean energy ecosystems, with giga-factories for solar, batteries and hydrogen. Massive projects in Jamnagar and Kutch will make India a global hub for green energy.

Reliance is setting up CBG plants and energy farms to empower farmers as energy producers. This creates green gas, electricity and higher rural incomes while contributing to India’s clean energy goals.

Last year, revenue grew 8% to ₹3.3 lakh crore and profit (EBITDA) rose 8.6% to ₹25,094 crore. The company expects its retail revenue to grow more than 20% every year for the next three years.

Reliance Retail runs nearly 19,340 stores in 7,000+ towns and plans to add 2,000-3,000 new stores annually. Stores bring in 70% of revenue, but online sales will grow from under 10% today to over 20% in three years. Its customer base is 349 million, with 1.4 billion yearly transactions.

Growth comes from multiple strengths, strong consumer insights, own brands like Independence, Avaasa and Kelvinator, efficient supply chains, omni-channel shopping, wide store network, tech-driven operations, kirana partnerships and a workforce of 2.5 lakh employees.

In groceries, Reliance sold large volumes of milk, staples, fruits and vegetables. In fashion, AJIO has grown 7x in five years, while Yousta, Azorte, Shein partnership, Tira beauty and Swadesh are expanding. In electronics, Reliance grew three times faster than the market, boosted by its Kelvinator brand and resQ service. JioMart continues to grow in quick commerce and B2B.

Reliance Consumer Products (RCPL) will now become a separate company to sharpen its focus. India’s consumer market is worth $2 trillion, driven by 350 million middle-class households and 900 million rural consumers. RCPL has already reached ₹11,500 crore in revenue in three years, making it India’s fastest-growing FMCG company. Campa Cola is gaining strong market share, while Independence has crossed ₹1,000 crore and started exports.

Over the next 5 years, RCPL aims to hit ₹1 lakh crore revenue and become India’s largest FMCG player with global presence.

Reliance Retail is rapidly expanding across stores, online, and consumer products. With strong brands, deep distribution, technology, and consumer insights, it targets 20%+ retail growth and plans to make RCPL a global FMCG powerhouse.