Highlights: Mukesh Ambani outlines RIL’s growth drivers- Jio IPO, AI and New Energy key focus areas

Reliance Industries' leadership team said that its energy business is maintaining the growth trajectory. Chairman Mukesh Ambani said that the Oil to Chemicals business’s earnings will improve as soon as geopolitical tensions ease.

On the renewable energy side, the leadership team said that the first phase of the cell gigafactory is on track to be commissioned in 2026. The team added that the New Energy division will begin contributing financially from 2027.

Reliance implementing 5S vision for institutional perpetuity. These are:

1. Succession

2. Systems

3. Standards

4. Spirit

5. Sustainability

Mukesh Ambani has said that Isha Ambani, Aakash Ambani and Mukesh Ambani are laying foundation for new ventures. The group added 5 business where the company aims to expand its presence

- O2C business

- New Energy

-Reliance Intelligence

- FMCG business

-Export Vision

Mukesh Ambani is now addressing the AGM, he said Reliance has now diverse stream of cashflows and the company doubled its EBITDA in the past five years. Mukesh Ambani said over the coming five years the group aims to 'more than double' their EBITDA.

Reliance Foundation enters is 16th year of service, said Neeta Ambani noting that its works across 100,000 villages. The foundation will undertake 3 initiatives including a garden, a university and a medical city.

Neeta Ambani, chairperson of the Reliance Foundation is now addressing the AGM

Anant Ambani said the company expects to create 200,000 jobs via the group's new energy business. Mukesh Ambani said the Q2C business remains a prime contributor to the group's business and is on the path to achieve carbon-neutral target.

Reliance Industries AGM 2026 Live Updates: Anant Ambani said Reliance Industries continues to expand its exploration and production portfolio, supported by strong growth in its coal bed methane business and progress in multi-lateral well development.

He said the company's natural gas production stands at nearly 26 million metric standard cubic metres per day (mmscmd), contributing about 30% of India's total gas output, while oil production is around 18,000 barrels per day.

Ambani also mentioned that the company's response to the geopolitical challenges was to redirect domestic gas supplies to critical sectors during LNG disruptions triggered by the West Asia conflict. He added that diversified sourcing strategies and agile logistics enabled the company to maintain near-full refinery utilisation despite volatility in global crude oil and petroleum product markets.

Reliance Industries AGM 2026 Live Updates: Anant Ambani told shareholders that Reliance Industries stepped in to support critical sectors when the conflict in West Asia disrupted global LNG supplies. The company redirected its domestic gas output to priority areas including city gas distribution, fertiliser production and power generation to ensure continuity of supply.

He added that despite disruptions around the Strait of Hormuz, Reliance increased LPG supplies four-fold, helping the country manage import shortages and maintain energy availability during the period of uncertainty.

Reliance Industries AGM 2026 Live Updates: Reliance Industries Chairman Mukesh Ambani said the widespread availability of affordable green energy can help India emerge as a global leader in Green AI, Green Jobs and sustainable industrial growth.

Addressing shareholders at the AGM, he said clean and low-cost energy will become a crucial competitive advantage for nations in the coming decades.

He noted that the country's energy demand is expanding rapidly across sectors, while nearly 70% of its energy requirements continue to be met through imports, exposing India to geopolitical uncertainties and supply disruptions.

Reliance Industries AGM 2026 Live Updates: Campa recorded gross sales of more than Rs 4,700 crore in FY26, Isha Ambani told shareholders at Reliance Industries' AGM.

She said the beverage brand has disrupted a market long dominated by established players and has emerged as India's fourth-largest carbonated soft drink brand, securing a double-digit market share in several key markets. Calling Campa more than just a beverage label, Ambani described it as "India ka Thanda."

Reliance Industries AGM 2026 Live Updates: JioMart has grown into one of India's largest quick commerce platforms, Isha Ambani told shareholders at Reliance Industries' AGM. The network now spans more than 3,100 stores across over 1,200 cities and 5,100 pin codes, she noted.

She further noted that the average daily orders surged 3.6 times year-on-year, while repeat orders on the quick commerce platform increased more than six-fold during the period.

Reliance Industries AGM 2026 Live Updates: Reliance Retail's fashion platform AJIO has expanded sevenfold over the past five years, Isha Ambani told shareholders at the company's AGM.

She said AJIO reported a 23% rise in average bill value and a 17% increase in average selling price during the year, while its product catalogue crossed 3 million options, up 22% year-on-year. AJIO Rush, the platform's four-hour delivery service, now operates in more than 600 towns, while Shein has surpassed 11 million app downloads in India

Mukesh Ambani said that Reliance is building an advanced manufacturing platform as an extension of Reliance Retail. The platform will manufacture products from beverages, clothes, to electronics.

The platform will also add an export dedicated division as well.

3 distinct chapters for Reliance business retail growth

- Launch Era

- Expansion Era

-Intelligence Era

Network 18's viewership for FY26 was posted at 250 million every month through TV, while its subscriber ad follower across digital platforms was reported at 450 million.

Akash Ambani announced the launch of JioStar Gen AI Media Studio, or simply JAMS. The platform will deliver a generative AI content creative platform.

The AI creation tool will create tailored content for the users.

Jio Hotstar announces muti-view feature enabling a person to watch different shows, news and other segments side by side. The feature includes 4 screens.

Reliance AGM 2026 LIVE Updates: FY26 marked the first full year of operations for Jiostar. Reliance’s media and entertainment portfolio, comprising Jiostar, Jio Studios and Network18, reported revenue of Rs 34,917 crore. The segment posted EBITDA of Rs 5,842 crore and a net profit of Rs 3,434 crore.

Highlighting Jiostar’s market leadership, Akash Ambani said that it remained India’s largest television entertainment network during the year, commanding a 34.7% viewership share, which is nearly equal to the combined share of the next three broadcasters.

It announces Jio Teleframe for Jio Home, AI agent for guest, home, friends which will sense context. The agent will carry out functions like operating TV, reminding of due bills etc.

Jio Home taking the next leap announced multi gigabit capability. It announces 8k upload noting every home will turn into intelligent home. Aakash Ambani says this would be the fastest broadband.

Jio Networks is transforming My Jio from an informative App to a personalized AI assistant. The company said that the My Jio App will work across multiple screens and help with tasks such as shopping.

Hey Jio a built in AI for Jio customers will summarise calls, will make phone calls, order food. The AI agent will ask follow up questions.

Reliance AGM 2026 LIVE Updates: Reliance Intelligence has begun deploying an initial fleet of advanced Nvidia GB300 GPUs to support its growing AI infrastructure, Akash Ambani said at the Reliance Industries AGM 2026.

He added that Reliance's partnership with Google has evolved into an AI-first collaboration aimed at serving hundreds of millions of Jio users. As part of the initiative, Google AI Pro, powered by Gemini, is already being offered free of cost to users.

Reliance AGM 2026 LIVE Updates: "Jio is evaluating the development of a sovereign Low Earth Orbit satellite constellation for India, while also partnering with leading global constellation providers. Jio is also building its own ground station infrastructure in India – strengthening India’s atma nirbharta in space." Akash Ambani noted.

Aakash Ambani says Jio building AI in native languages like Tamil, Hindi and so on.. Aakash Ambani announces Jio phone call AI, building AI available to every Jio customer. The AI agent will be available in phone calls provding services like summarisation, transcribe calls, order food and calling a cab etc.

Aakash Ambani said that Jio Intelligence will make AI affordable for every consumer. It will serve people in areas from farming to healthcare and science. He said that the company is building AI directly into the Jio network.

Ambani said that Jio Intelligence will provide assistance to consumers not just in English but also in all major Indian languages.

Reliance Industries AGM 2026 Live Updates: Reliance is building India's sovereign AI backbone at Jamnagar through Reliance Intelligence, powered entirely by clean energy generated from its own solar facilities, said Akash Ambani.

He added that the first 120 MW phase will be commissioned by the end of 2026 and will feature next-generation computing infrastructure equivalent to more than 2 lakh Nvidia H100-class GPUs.

These are the five Jio commitments listed by Aakash Ambani:

Jio’s 1st Commitment: Make Jio True 5G the foundation of India’s next big digital leap. Our target is to migrate all subscribers to 5G by 2030 while advancing India’s leadership position in 6G standards.

Jio’s 2ndCommitment: Take high-speed home broadband to every part of India through JioAirFiber. Over 90% of JioAirFiber installations are completed within 24 hours, and home connections are now growing at a phenomenal rate of up to 60,000 per day.

Jio’s 3rd Commitment: To digitise Indian enterprises and small businesses by bringing enterprise-grade technology within reach of every micro, small, and medium business in India.

Jio’s 4th Commitment: To ensure AI for everyone, everywhere. Jio is already embedding AI in consumer technology to deliver a smoother, smarter, and more personalised user experience.

Jio’s 5th Commitment: To take India’s technology to the world. The proprietary deep-tech stack at Jio built for 5G, fixed wireless access, and AI services is now ready for deployment with international partners in select geographies. The technology we built to solve for India’s challenges will also serve the world.

Aakash Ambani says that Jio building a team of AI researchers collaborating with universities adding in its O2C segment AI is reducing energy consumption and improving yield.