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Reliance creates 2.32 lakh jobs in FY22, Jio prepares blueprint for 5G coverage

Aug 09, 2022 / 07:10 AM IST

Reliance's green energy business may outperform other growth engines in 5-7 years, Chairman and Managing Director Mukesh Ambani told shareholders in a message in the company’s annual report for 2021-22

Mukesh Ambani

Reliance Industries added 2.32 lakh jobs in FY 2021-22 which took its total workforce strength to 3.43 lakh at the end of FY22, according to the company's integrated annual report.

Reliance's telecom arm Jio, which is India's largest digital services platform, has completed 5G coverage strategy for top 1,000 cities, with 100 percent indigenous technology.

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Reliance expects its green power segment to emerge as a growth engine for the company that would potentially outperform other businesses in the next 5-7 years, Chairman and Managing Director Mukesh Ambani told shareholders in a message.

The telecom-to-energy conglomerate, which is India's most valued company with a market capitalisation of Rs 17.45 lakh crore, made major strides across its retail, telecom, energy, and digital businesses in 2021-22, said Ambani, adding that digital services, retail, and oil-to-chemicals (O2C) are its three ''extremely agile and highly potent growth engines''.

Also Read: Reliance to hold its 45th AGM on August 29: All you need to know