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Shri Mukesh D. Ambani addressing shareholders at 42nd Annual General Meeting of #RIL pscp.tv/w/cCDv-TF3QktB…
In the Golden Decade of Reliance, 2018-19 was yet another year of robust and record performance. Reliance became India’s largest and most profitable company - both in public and private sectors: Mukesh Ambani at #RILAGM
Only diversified Indian enterprise with three major growth engines in one single corporate entity – Oils to Chemicals division, Jio and Retail. All three have done exceedingly well in the past year. We are also incubating newer growth engines: Mukesh Ambani at #RILAGM
Sceptics used to say Reliance cannot succeed in consumer businesses. Jio and Reliance Retail have proved them wrong. If the two consumer businesses had been separately listed, each would be ranked among the top 10 in India today, in terms of value: Mukesh Ambani at #RILAGM
@reliancejio ’s customer base has crossed 340 million users. We are signing up more than 10 million new customers each month. The potential for growth is immense, and half a billion customers is now well within our reach: Mukesh Ambani at #RILAGM
@reliancejio Reliance Retail has crossed Rupees Rs 130,000 crore turnover to cement its position as India’s largest retailer. Reliance Retail is larger than all the other major retailers put together: Mukesh Ambani at #RILAGM
@reliancejio Reliance Retail and #Jio now collectively contribute nearly 32% to the consolidated EBITDA, up from 2% five years ago. The day is not far when their share would be 50%: Mukesh Ambani at #RILAGM
@reliancejio The future of India – and also the future of Reliance -- has never looked brighter to me than now. As India is getting transformed into New India, Reliance will also transform itself into New Reliance: Mukesh Ambani at #RILAGM
@reliancejio As the world moves towards renewable energy sources and electric vehicles, Reliance has positioned itself far ahead of the curve to create new value: Mukesh Ambani at #RILAGM
@reliancejio Saudi Aramco and Reliance have agreed to form a long-term Partnership in our Oil to Chemicals division. Saudi Aramco will invest for a 20% stake in RIL’s O2C division at an Enterprise Value of US$ 75bn: Mukesh Ambani at #RILAGM
@reliancejio ...it is the biggest foreign investment for Reliance and one of the largest for India. The Partnership with Saudi Aramco to cover RIL's Refining and Petrochemicals assets, including 51% of the Petroleum Retail JV: Mukesh Ambani at #RILAGM
@reliancejio In a significant new initiative, BP acquired 49% stake in our petro-retail business. Reliance will get Rupees 7,000 crore from BP for this transaction: Mukesh Ambani at #RILAGM
@reliancejio The investment cycle for Jio is now complete: Mukesh Ambani at #RILAGM
@reliancejio @reliancejio - Revenues from each of its new growth engines to kick-in within FY 2019-20: Mukesh Ambani at #RILAGM
@reliancejio @reliancejio NBIoT - a Rs 20,000 cr per year revenue opportunity for #JIO. Jio’s IoT platform will be commercially available starting 1st January, 2020: Mukesh Ambani at #RILAGM
@reliancejio Jio Fiber Services to be launched on commercial basis on 5th September 2019 - on the third anniversary of #JIO’s launch. Plan to reach 20 million residences and 15 million business establishments in 1,600 towns: Mukesh Ambani at #RILAGM #JioGigafiber
@reliancejio Over the past months we have upgraded our MSO’s infrastructure to world-class standards. Now LCO partners can offer the largest bouquet of High-Definition channels to customers with better features, reliability and customer experience than even DTH: Mukesh Ambani at #RILAGM
@reliancejio With every JIOFIBER home all our LCO partners will continue to have a steady stream of revenue for their broadcast TV business: Mukesh Ambani at #RILAGM
@reliancejio Jio Fiber Tariffs - customers pay only for data. Voice calls across India from #JIO landline will be absolutely FREE forever. The most basic JIOFIBER plan startst with 100 mbps speed and we have plans all the way up to 1 Gbps: Mukesh Ambani at #RILAGM
@reliancejio Jio First Day First Show - Premium JIOFIBER customers can watch movies at home… the same day they are released in theaters! This service will be launched in the middle of 2020: Mukesh Ambani at #RILAGM
@reliancejio Jio Fiber Welcome Offer - Jio Fiber customers opting for annual plan - JIO-FOREVER plan - to get a FULL HD TELEVISION or a Home PC and a 4K SET-TOP-BOX absolutely free: Mukesh Ambani at #RILAGM
@reliancejio We are now investing in scaling-up advanced technologies in our country, even ahead of the rest of the world: Mukesh Ambani at #RILAGM
@reliancejio Over the next 12 months, @reliancejio will install one of the largest #blockchain networks in the world in India, with tens of thousands of nodes operational on day one: Mukesh Ambani at #RILAGM
@reliancejio @reliancejio is setting up a pan-India Edge Computing and Content Distribution network starting with tens of thousands of nodes: Mukesh Ambani at #RILAGM
@reliancejio #Jio and @Microsoft have entered into a long-term alliance to accelerate the digital transformation of #India to launch new cloud datacenters, ensuring more organizations can access the tools and platforms they need to build their own digital capability: Mukesh Ambani at #RILAGM
@reliancejio @Microsoft Jio-Microsoft Alliance - Jio to set up a network of large world-class datacenters across India powered by Microsoft’s Azure cloud platform: Mukesh Ambani at #RILAGM
@reliancejio @Microsoft @reliancejio to provide connectivity and the Jio-Azure cloud service to Indian technology startups absolutely free: Mukesh Ambani at #RILAGM
@reliancejio @Microsoft @reliancejio to provide a bundle of connectivity and essential business productivity and automation tools to Indian small businesses for 1/10th the cost at 1,500 per month: Mukesh Ambani at #RILAGM
@reliancejio @Microsoft It is my passion and conviction that New India will lead and not follow the advanced nations of the world in adopting, even creating disruptive technologies that will decide the winners and losers of the Fourth Industrial Revolution: Mukesh Ambani at #RILAGM
@reliancejio @Microsoft The Retail business has grown phenomenally, registering a 7-fold increase in revenue and a 14-fold increase in profit in the last 6 years. Relentless focus on operating discipline has resulted in a 3-fold rise in per store productivity in last 5 years: Mukesh Ambani at #RILAGM
@reliancejio @Microsoft Today, Reliance Retail is the only Indian retailer to be ranked in the Global 100 top retailers. Over the next 5 years, our aim is to be amongst the world’s top 20 retailers: Mukesh Ambani at #RILAGM
@reliancejio @Microsoft New Commerce - In the true Reliance ethos, we are working towards enriching and empowering nearly 30million merchants and Kirana shop owners with our end-to-end digital and physical distribution stack: Mukesh Ambani at #RILAGM
@reliancejio @Microsoft Our merchant Point of Sale (POS) Solution – Jio Prime Partner POS – is integral to our plan to create an ecosystem around small merchants. This user-friendly digital platform will modernise even the smallest kirana shop to become a digitized store: Mukesh Ambani at #RILAGM
@reliancejio @Microsoft Reliance’s New Commerce platform represents the Digital Symbiosis of Big and Small Enterprises. I believe that the Small must not only survive, but also thrive in New India: Mukesh Ambani at #RILAGM
@reliancejio @Microsoft As the Reliance Foundation @ril_foundation enters its 10th year, I am humbled that we have touched the lives of more than 29 million people across the country: Mukesh Ambani at #RILAGM
@reliancejio @Microsoft @ril_foundation Responding to Honourable PM’s appeal @narendramodi we stand committed to support the people of Jammu & Kashmir and Ladakh in all their development needs. RIL will create special task force for developmental activities in J&K and Ladakh: Mukesh Ambani at #RILAGM
@reliancejio @Microsoft @ril_foundation @narendramodi RIL Investments of nearly Rs. 5.4 Lakh crore over the last five years to generate EBITDA in excess of US$ 1 billion annually for over a decade: Mukesh Ambani at #RILAGM
@reliancejio @Microsoft @ril_foundation @narendramodi #RIL has built a unique portfolio of world class and extremely valuable assets in world's fastest growing economy. Each of our best-in-class businesses is contributing to the transformation of #India, and creating enormous societal value: Mukesh Ambani at #RILAGM
@reliancejio @Microsoft @ril_foundation @narendramodi We have a very clear roadmap to becoming a zero net debt company in next 18 months: Mukesh Ambani at #RILAGM
@reliancejio @Microsoft @ril_foundation @narendramodi We expect to complete transactions with Saudi Aramco and BP within this financial year. These are expected to generate inflow of Rs 1.15 lakh crore: Mukesh Ambani at #RILAGM
@reliancejio @Microsoft @ril_foundation @narendramodi We will induct leading global partners in Jio and Reliance Retail in the next few quarters, and move towards listing of both these companies within the next five years: Mukesh Ambani at #RILAGM
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