Videos

															
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															Upbeat instrumental music continues through the video.
Visual: A white background Reliance logo at its center, surrounded by colorful concentric circles.
Visual: Sweeping aerial view of massive industrial complexes. A digital label that reads: " ENERGY & MATERIALS." Numerous buildings, interconnected by a network of pipelines, stretching across the landscape. This is followed by large ships navigating the ocean, and a prominent offshore oil rig standing in the water. Text in the centre of the screen reads: "WE ARE RELIANCE."
Visual: Solar panels, wind turbines, and large industrial tanks, along with a digital label: "NEW ENERGY."
Visual: A digital label: "Retail." The video then moves indoors to a retail environment, with shelves stocked with a variety of products. An exterior shot displays a building with prominent signs reading "Jio World Drive" and "Maison PVR." Inside a large warehouse, small, automated guided vehicles (AGVs) are moving around, transporting goods. Close-ups follow: hands are shown interacting with a tablet screen, then two men in hard hats are seen intently looking at a tablet in an industrial setting. A pink box travels along a moving conveyor belt.
Visual: Digital label changes to: "DIGITAL SERVICES." A woman dances in a living room, followed by a close-up of a smartphone displaying the "Jio True 5G" logo. A woman wearing smart glasses. A woman practicing yoga in front of a TV. Two women watch TV, one holding a remote.
Visual: Digital label transitions to: "MEDIA & ENTERTAINMENT." A man standing in front of a screen reading "THE NETWORK18 PORTFOLIO". A person watches a cricket match on a smartphone. A group dances in a grand hall, followed by a movie scene.
Visual: Digital label reads: “Reliance foundation.” A man receives assistance from a mobile health van. Two women walk through a field, looking at a smartphone. A close-up shows a compass app on the phone. A football match is in progress on a green field. An ornate entrance gate reads "INDIA HOUSE." Dancers perform on a stage with a dynamic screen backdrop at NITA MUKESH AMBANI CULTURAL CENTRE.
The golden logo reappears, surrounded by icons representing sectors like Retail, Entertainment, Sports, Education, Empowerment, Materials, Energy, and Digital Services. The text "Reliance for ALL" is displayed in the center. Black and white footage shows a long line of people. Text appears in the centre: "WE ARE INDIA'S LARGEST PRIVATE COMPANY."
Visual: Text in the centre transitions to "WE ARE INDIA'S MOST VALUABLE COMPANY." A large crowd with a document titled "Reliance Industries Limited" in the foreground. Ambani standing at a podium with the "Jio" logo and large "#1 with a laurel wreath," behind him.
Visual: Text in the centre transitions to "WE ARE INDIA'S MOST INFLUENTIAL COMPANY." Text behind Ambani changes to "Reliance maintained leadership position."
Visual: The Reliance logo with "Reliance for ALL" reappears. The video returns to industrial landscapes with an aerial view of a vast industrial complex. A man in a hard hat uses a walkie-talkie at a busy port with the text" "WE ARE RELIANCE" in the centre.
Visual: The text transitions to: "WE ARE BUILDING INDIA'S VALUABLE ASSETS." A large red ship sails in the ocean, followed by another aerial shot of an industrial area.
Visual: Text transitions to: "WE ARE STRENGTHENING INDIA's ENERGY SECURITY." A field of solar panels is shown. A man fuels a car at a "Jio bp pulse" station. Wind turbines appear against a clear blue sky.
Visual: Text transitions to: "WE ARE CONTRIBUTING TO INDIA'S ECONOMIC GROWTH." A group of workers in blue uniforms walks together. Workers in an office focus on laptops. Another group of workers in colored uniforms walks through an industrial zone.
Visual: The Reliance logo with "Reliance for ALL" reappears. Text reads: "WE REVOLUTIONISED INDIAN RETAIL." The video showcases various retail spaces: the exterior of a "Reliance digital" store and the interior of a modern clothing store. A blue box moves along a conveyor belt in a warehouse. A split screen shows a "freshpik" store on the left and a woman shopping at "SMART BAZAAR" on the right. A man smiles in a small grocery store. Two people are in the produce section of a supermarket.
Visual: Text transitions to: "DEMOCRATIZING ACCESS FOR ALL INDIANS." Another split screen shows the "JioMart" app on the left and a "AJIO" clothing app on the right. People shop in a supermarket. A close-up shows the "tira" app. A woman interacts with a large digital display in a beauty store.
Visual: Text transitions to: "WE REVOLUTIONISED INDIAN TELECOM." People float with balloons by the Howrah Bridge and near the Taj Mahal.
Visual: Text transtions: "BRINGING THE DIGITAL LIFE TO ALL INDIANS." A boy and an elderly woman wear smart glasses. A holographic woman appears in a living room. A doctor appears on a hospital screen. People are in a car, while a man works on a laptop and phone at home. A girl types, and a helicopter model shows on TV. A woman and child dance, while a teacher interacts with children around a laptop. A man works in a cafe, and someone watches live sports on a phone.
Visual: The Reliance logo with "Reliance for ALL" reappears. Text transitions to: "WE ARE ACCELERATING INDIA'S TRANSITION TO NEW ENERGY." The video showcases new energy initiatives: large hydrogen storage tanks and a vast solar farm.
Visual: Text transitions to: "FOR INDIA TO LEAD GREEN ECONOMY." A modern building with a large archway. Industrial energy containers are seen in a grassy field, with dome-shaped structures in the landscape.
Visual: Text transitiosn to: "WE ARE BRINGING A BILLION IMAGINATION TO LIFE." A man practices yoga while wearing smart glasses. A phone screen shows the "FERTILIZER" app. A drone flies over a field, followed by a man operating a drone with VR glasses. An aerial view shows a drone with a digital grid overlay, and a man interacts with a robotic hand while wearing VR glasses. The Reliance logo reappears, below "Viacom18," and "Disney Star" logos appear. A family watches TV and eats popcorn. A woman walks outdoors, and a man rides a motorcycle across a bridge. A news anchor appears on screen, followed by a microphone with the number "18." A man stands in front of a graphic of an eye with lightning. Two people in traditional attire are shown with the title "Shiv Shakti." A modern sports studio is displayed.
Visual: Text transitions to: "MAKING DREAMS INTO REALITY." The video showcases traditional crafts: a man weaves on a loom, and two men paint on large canvases. Dancers perform on a brightly lit stage, followed by a stage with dazzling lights and performers.
Visual: The "Reliance for ALL" logo reappears. Text transitions to: "WE ARE RELIANCE" and then to: "WE ARE SECURING A BRIGHTER FUTURE." Two men walk through a village, and a group of children raise their hands. Four women in traditional Indian dresses dance on stage. A hand holds a smartphone displaying news, and a woman holds a drone controller in a field. A close-up of a drone is shown, followed by a man and woman operating it, as it ascends into the sky.
Visual: Text transitions to: "FOR MORE THAN A BILLION INDIANS AND ALL OF HUMANITY." The video concludes with close-ups of smiling Indian faces, including women in traditional attire and an elderly man.
Visual: Formal portraits of Akash M. Ambani, Isha M. Ambani, and Anant M. Ambani are shown.
Visual: A woman and children raise their hands in excitement. The text "WE ARE RELIANCE" reappears, followed by "WE DREAM," "WE CREATE," and "WE CARE" against a floral background. The video ends with the "Reliance Industries Limited" logo and the tagline "Growth is Life."

													

															
Background music plays through the video. Reliance Industries Limited logo appears with “Growth is Life” tagline. A vibrant mandala with a central eye and flower on a blue background, with the Reliance logo in the top right. The eye transitions to a bright red lotus with patterns. Above it, text reads: “An Extraordinary Vision for an Extraordinary Nation.” Decorative designs are on the sides. the Hindi word "भारत" (Bharat) with decorative designs. the words "INDIA • BHARAT • HINDUSTAN" in bold blue text, with decorative patterns appear in the centre. Joyful scenes of Indian life—children, athletes, healthcare, farmers, students smiling—with the text below: “It’s not just a nation of over a Billion People” and decorative designs on sides. A stylized figure working at a computer, with rays of light. Beside it, the text reads: “It’s a nation of a Billion Ambitions” with traditional red border patterns. A stylized human made of simple geometric shapes raising its arms with red sun-like symbols above, alongside the text: “A Billion Aspirations.” A colorful bird and a white drone with the text below it: “I want to create the next big tech revolution.” A man in a green shirt stands with a city backdrop. Text below reads: “I want to grow my little shop into a big business.” A smiling woman stands before a tree with oranges and butterflies. Text below says: “I want to end India’s hunger problem.” Hands hold a globe beneath a Wi-Fi-like symbol, with the arcs filled with colorful traditional patterns featuring fish, birds, and plants. Text below: “We want to solve the Climate Challenge.” A stylized, abstract figure with geometric shapes resembling a fairy with wings and arms raised next to the text "A Billion Dreams." A smiling portrait of Shri Dhirubhai H. Ambani appears with a floral background, followed by text "Empowered by the dream of One Man." The text transitions to “Shri Dhirubhai H. Ambani, Founder Chairman, Reliance Industries Limited.” A sepia-toned photo of Shri Dhirubhai Ambani sitting in a simple office, with the text: "His journey began in a 500 sq. ft. office Yarn Trading & Export House, 1957." A vintage photo of Shri Dhirubhai Ambani pointing forward, with the text: "But his ambitions were far bigger." A seated photograph of Shri Dhirubhai Ambani transitions to him speaking at a podium, with text below: "Our dreams have to be bigger. Our ambitions higher. Our commitment deeper. And our efforts greater." "This is my dream for Reliance and for India." Ambani pointing forward, repeated in a fading effect. The text beside him reads, "His vision for India far-reaching." A stylized tree at the center, surrounded by traditional Warli art figures engaged in various activities around on a red background. Below, the text reads, "I have great faith in India and its people." The text transitions to "In our hard work, ingenuity, and potential." The black-and-white image shows Shri Dhirubhai Ambani walking with a group outside Reliance Textile Industries Ltd. The text reads, "His commitment far deeper" followed by the quote, "If it’s good for India, it’s good for us." The text transitions to: “After setting up his first textile unit, Reliance Textile Industries.” The VIMAL logo in the centre with two stylized illustrations of women in traditional Indian attire on either side. The text reads, "Making fashion affordable for millions," The Reliance logo with decorative floral patterns in the background, the text below reads: "He founded his dream company. Reliance Industries Limited" A black-and-white close-up photograph of a group engaged in a discussion with Ambani transitions to a wider black-and-white shot showing him addressing a large audience listening. The text reads: "A company he always referred to as ‘Your Company’ And truly turned into ‘India’s Company.’" A Reliance IPO certificate with a colorful peacock on either side of it with the text below: "Launching the IPO and ushering in the Equity Cult Reliance introduces IPO, 1977." The text transitions to “Introducing Indians into the power of equity.” A decorative border with the text: "Giving ordinary Indians the power to prosper. Issue oversubscribed by multiple times!" The text transitions to: “An investment of ₹1,000 in the RIL IPO in 1977 is worth ₹56,88,750 ($66,472*) today, including Jio Financial Services, with an IRR of 25.74%.” A portrait of Mukesh D. Ambani against a blue, circular background with lines and nodes. The text reads: "As Mukesh D. Ambani joined his Father." An aerial view of the Jamnagar Refinery Complex, with an expansive industrial landscape. The text reads: "India took giant strides on the Global Energy Map. Jamnagar Refinery Complex." The Text transitions to: “Reliance built the World’s Largest Integrated Single-site Refinery Complex in Jamnagar, India.” The video transitions from the Jamnagar Refinery's aerial shot with ships at the Jamnagar port to a night-time view of the industrial complex, brightly lit against the dark sky. The text reads: "The Jamnagar Complex transformed India from a net importer into a net exporter of petroleum products." The text transitions to: “Nurturing over 40,000 small entrepreneurs. With expansion of the complex, India became the Refining Hub of the World.” The video transitions from the Dhirubhai Deepwater KG rig to a close-up shot of another offshore platform, showcasing deep-water oil and gas exploration. The text reads: "Reliance’s success in deep-water Oil & Gas exploration and production," the text transitions to: “boosted India’s economy and strengthened its energy security even further.” A decorative border with text: “Reliance brought about a revolution in Indian Retail. A Revolution Called Retail.” The exterior of a Reliance store, featuring advertisements for Reliance Jewels, Digital, and Smart, promoting discounts and offers. It then transitions to the store's interior, showcasing aisles stocked with various products, with text below: “By creating an inclusive retail ecosystem, it gave local businesses, small merchants, and enterprises the opportunity to prosper.” The video transitions from a person using the JioMart app on a handheld device, with a banner highlighting "Best Price" to the interior of a small shop, where a man and a woman are smiling and standing amidst shelves stocked with products. Text at the bottom reads: “Now, with its New Commerce initiative - JioMart, Reliance is enabling the smallest of shop-owners to digitally transform their business and thrive in the Digital Age.” The exterior of a Reliance Smart store transitions to the interior with aisles filled with various products and customers shopping. Below text: “India’s Largest Retail Company by reach, scale, and infrastructure, Reliance Retail today has a loyal customer base of over 349+ Million.” A customer receiving a bag at Reliance Digital, a shopper at Reliance Smart, another shopping while on the phone, and a group discussing financing options at a counter. Text: “Registered over 1.4 billion customer transactions across 19,340 stores and multiple digital platforms.” The video transitions from customers at a counter in a retail store, with other customers shopping nearby, to employees assisting customers in a clothing store, a jewelry store, and a customer walking through a display of televisions in a Reliance Digital store, with an employee assisting. The text transitions from "While providing millions of Indians access to a world-class retail experience" to "Reliance Retail has 2,47,782 people in its worksforce," and then to "Creating exponential value for all Indians." A sequence of portraits of Isha, Akash, and Anant Ambani, with a decorative background. Text at the bottom reads: “Led by young leaders Isha, Akash, and Anant Ambani.” A decorative border with text: “Reliance Jio triggered a Digital Revolution in India, Reliance Jio, 2016.” A student attending an online class on JioMeet, smiling students on a screen, a woman talking on the phone while carrying a pot, a group of men looking at a phone, and young men sharing a phone with a group. The text reads: "By putting 'the power of data' in the hands of millions.” An aerial view of a city with digital network lines connecting buildings. It transitions to a woman and a girl smiling while using a tablet. The next shows a collage of people from rural India using mobile phones in various settings. The text reads, "Heralding India’s transformation into a Digital Society.” An aerial view of a large facility entrance, with roads, greenery, and the Reliance logo at the center. The text reads, "In 2020, Reliance took another historic step." A sequence of newspaper headlines about Reliance's historic rights issue, highlighting a ₹53,125-cr raise, its position as the world's biggest non-financial rights issue in ten years, and its oversubscription. The text: “A record-breaking Rights Issue, raising US $36 Billion from Global Investments in Jio Platforms, Reliance Retail, and India’s Largest Ever Rights Issue.” A decorative border with text: “Positioning India as a strong investment destination. India Leaps ahead despite the pandemic.” The text transitions to: “Bringing in massive global investments in India’s future.” Reliance's diverse sectors, showcasing Jio's Wi-Fi and 5G services, JioMart's retail presence, and Reliance Jewels in a mall. Text: “Today, Reliance is India’s Largest Private, Multi-sector Conglomerate.” Multiple covers of Fortune 500 and Forbes Global 2000 magazines. The text: “With turnover of US$125.3 billion Reliance is India’s top-most Company in the Fortune 500 and Forbes Global 2000 list.” An aerial view of Reliance's industrial complex with text: “Achieving a world of firsts for India.” A large industrial complex with multiple refinery towers and structures lit up at dusk. Text: “Jamnagar Integrated Complex: World’s Largest Integrated Single-Site Refinery Complex creating and exporting high-quality fuels.” A large petrochemical refinery complex at night, illuminated by lights with smoke rising from several towers. Text reads: One of the World’s Top 10 Producers of Petrochemical Products.” A large industrial refinery complexes with multiple towers, pipes, and structures. Text: World’s Largest Integrated Producer of Polyesters. World’s 3rd Largest Producer of Paraxylene. An illuminated industrial complex with multiple structures and pipes at sunset. It transitions to the same complex at night, with bright lights and towers and then to oil rigs and vessels at sea, with cranes and large structures. Text reads: “KG-D6 – Wolrd’s Fastest Green-field Deep-water Oil Development Project.” Interiors of a retail store with shoppers browsing various products. Text reads: “Reliance Retail – India’s Largest Retail Company and Ecosystem.” Large text in the center reads: “PROUD TO SERVE 500 MILLION INDIANS”, with “Jio” placed inside the “500” graphic. Text: “Jio – India’s Fastest-growing Telecom Company with 500 Million Subscribers.” A graphic with the number "1" at the center, surrounded by icons representing communication rotating in circular motion. Text reads: “Catapulted India to the World’s No. 1 in Data Consumption.” A decorative border with text: “Became the Biggest Driver of Foreign Direct Investment in India, even in a pandemic year.” The text transitions to: “Reliance is also among the World’s Top 10 Sustainable Value Creators.” The Reliance Foundation logo appears on screen. Nita Ambani walks with a group of people dressed in formal or medical attire. Text: “Going beyond business, Reliance Foundation is one of India’s Largest Corporate Philanthropies.” Nita M. Ambani sitting on the ground surrounded by a group of women in a rural setting and having conversation. The scene shifts to Nita M. Ambani standing with a woman in a rural area, holding a basket filled with vegetables. An elderly man receiving a service or item from healthcare workers at a mobile health van. A doctor seated at a table inside a mobile health clinic, interacting with a woman. There are children and people outside the clinic, waiting in line. Text reads: “Under the passionate leadership of Founder & Chairperson, Nita M. Ambani, Reliance foundation has been touching millions of lives.” A group of girls enter in a building with Reliance poster on wall, women sitting at computers in a room, a woman smiling while holding a pipe, a woman holding a goat and smiling, a person performing a high jump in a sports event, and children watching a lesson on a screen in a mobile classroom, a group of students gathered around a table, looking at something, a close-up of a hand painting, and Nita M. Ambani standing with a group of men, holding traditional art pieces, with others posing around her. Text: “Effecting Rural Transformation, improving access to nutrition & healthcare, empowering women, promoting talent in sports & education, preserving arts & crafts.” People packing and carrying bags of supplies. Healthcare workers in protective suits inside a hospital ward, a large indoor space with medical beds and workers preparing for use, a banner with information about the COVID-19 vaccination, featuring a picture of the Reliance Foundation Hospital and Research Centre building, a healthcare worker taking a reading from a patient, and a woman receiving a vaccine. Text: “Even leading the way with a robust Covid-19 response in solidarity with India’s fight against Covid-19.” A satellite view of India at night, an aerial view of the Reliance building entrance with cars and greenery, a wide view of a Reliance industrial facility with large tanks and refinery structures, and a group of people run inside a large building holding flags with the Reliance logo. Text: “As a New India takes shape Ready for 21st Century, Reliance too is transforming into New Reliance in its Golden Decade.” Photograph of solar panels placed on the ground and a digitally enhanced version with clouds and colorful birds in the sky. Text: “Investing in New Energy & New Materials Promoting Green Energy and Conservation.” A decorative border with text: “Aiming to be Net Zero Carbon by 2035 Helping create a circular economy” the text transitions to: “Nurturing future entrepreneurs bringing in global expertise & investments” and then to: “Infusing new energy in our commitment to create extraordinary value for our extraordinary nation.” A satellite view of India, followed by workers wearing helmets and safety gear standing in a formation, with some saluting, and a group of workers arranged in a circular formation to form the Reliance logo. Reliance Industries Limited logo appears with “Growth is Life” tagline. Text on a blue background with decorative mandala designs on the top and bottom corners. The heading, "1957” and the text below: “Shri Dhirubhai H. Ambani started his first business in yarn trading from a 500 sq. ft. office in Mumbai." The text transitions to: “1966-1967 – Set up textile unit in Naroda, started the legendary textile brand “Only Vimal,” bringing affordable fashion to millions.” Text on a green background with decorative mandala designs on the top and bottom corners. The heading, “1977” and the text below: “Reliance went public with an IPO that was oversubscribed 7 times ushered in the equity cult in India.” It transitions to: “An investment of ₹1,000 in RIL IPO in 1977 is worth ₹56,88,750 ($66,472*) today, (including Jio Financial Services), and IRR of 25.74%. Text at the bottom right corner reads: *1$=₹85.5814 (RBI Reference Rate for March 31, 2025) (*as per prevailing exchange rate). Text on a blue background with decorative mandala designs on the top and bottom corners. The heading, “1977 - 2024” and the text below: “Exponential growth in the last 47 years.” It transitions to “From a turnover of ₹70 crores ($80 million*) to ₹1,071,174 crores ($125.3 billion*) in FY2024-25, 15,201 times growth in 48 years.” Text at the bottom right corner reads: (*as per prevailing exchange rate). Text transitions: “From a net profit of ₹3 crores ($3 million*) to ₹81,309 crores ($9.5 billion*) in FY2024-25, 27,750 times growth in 48 years.” Background changes to red and text transitions to: “From total assets worth ₹33 crores ($38 million*) to ₹19,50,121 crores ($228.1 billion*) in FY2024-25, 59,256 times growth in 48 years.” Text at the bottom right corner reads: (*as per prevailing exchange rate). Text transitions: “From market cap of ₹10 crores (%11.4 million*) to ₹17,25,378 crores ($201.9 billion*) in FY2024-25 172,537 times growth in 48 years.” Text at the bottom right corner reads: (*as per prevailing exchange rate). Text on a bright pink background with peacock designs on the left and right corners. Text reads, “2004 – Reliance became the first India private sector company to make it to the Fortune Global 500 list.” The Reliance logo fades in from the bottom right to the centre surrounded by circular rings of smaller paisley shapes.

													

															
Instrumental music continues through the video. The video opens with a 3D animated Reliance logo, with the text "Reliance Industries Limited, Growth is Life" appearing below it. A 2D animated scene of various Indian people with the Reliance logo in the centre. The text below reads: "Creating Exponential Value for over a Billion Indians" A hand-drawn-style scene with simple white line figures depicts village life with people working and playing. Text: “For Indians, wealth is more than just money”, transitions to: “Real wealth is the happiness we create in our lives.” Symmetrical white tribal-style patterns, including triangles, circles, and zigzag lines. At the centre, there is a circular emblem with a stylised tree design. Text: “The incredible value we add to our lives and to the lives of everyone around us” and transitions to: “The joy of progressing and growing together” The Reliance logo in the centre, with paisley motifs rotating around it. Text: “At Reliance, we believe, ‘Growth is life’.” A stylised pink lotus flower and a multicoloured butterfly with glowing light sit on it. Text: “From the very beginning, we have focused on creating incredible value” Stylised clouds and a decorative sun featuring a face at the top centre. A field of pink lotus flowers, the lower half. Text: “We enrich the lives of not just our employees, customers, and shareholders” and transitions to: “We enrich the lives of over a billion Indians”. A photograph of M. Ambani with a speech bubble in the bottom right corner that reads: “Our goal is to improve the lives of our people” Another photograph of M. Ambani with text in a speech bubble: “To help India grow and fulfil its dreams” Another photograph of M. Ambani with text in a speech bubble: “To create exponential value for all Indians” The black-and-white image shows a man speaking at a podium in front of a large banner that reads "Reliance Textile Industries Limited", the text: “True to his words, our Founder Chairman” A scan of a Reliance Industries Limited share certificate. On both sides of the certificate are identical, stylised peacock animations. Text: “Launched Reliance's first IPO way back in 1977. Reliance introduces IPO, 1977” A short video of M Ambani speaking at the podium. Text: “Introducing the power of equity to millions. Ushering the Equity Cult in India” A black and white photograph of M Ambani addressing the audience on a stage. Text: “Giving Indians a golden opportunity to prosper together. Issue oversubscribed by multiple times” A decorative frame on a blue background with text: “An investment of ₹1,000 in RIL IPO in 1977 is worth ₹56,88,750 ($66,472*) today, including Jio Financial Services” with the text “*1$ = ₹85.5814 (RBI reference rate as on March 31, 2025) in the bottom right corner. Text transitions to: “An Internal Return Rate (IRR) of 25.74%” An illustrated house with a tiled roof, a stylised tree with patterned leaves on the right, and a decorated car passes from the front. Text: “Our shares helped us buy a house and a car” A stylised globe with a graduation cap on top and an aeroplane flying across. On the left is a decorative tree with patterned leaves. Text: “I sent my son abroad for higher studies” A traditional-style framed illustration of a bride in colourful attire. On the right is the same decorative tree. Text: “My daughter's wedding ceremony was the biggest in our family” Decorative tree on the left and a stylised laptop screen displaying a rising bar graph with an upward arrow. Text: “We started our very own business” A decorative tree in the centre with the previous four illustrations around it: a house with a car, a bride, a globe with a graduation cap and aeroplane, and a laptop with a rising graph. Text: “It was the first of many success stories of people who benefited from the start of an equity cult in India” A photograph of M. Ambani and text: “As Mukesh D. Ambani joined his Visionary Father” A couple of photographs from a conference room and M. Ambani interacting with people. Text: “Reliance accelerated its efforts to create value for India” An aerial view of an industrial unit and the inner view of a factory setup with machinery and robotic arms handling large rolls of material. Text: “From creating an enabling ecosystem for textile industry entrepreneurs” Spools of thread on textile machinery with yarns being processed, a long aisle of spinning machines, and large rolls of polyester yarn hanging on an overhead conveyor system. Text: “To enabling India to diversify from costly Cotton to Polyesters” A traditional Indian-style illustration of a woman with jewellery and a colourful saree. Text: “Positioning India as a leading source of sustainable, high-performance polyester garments” A machine processing a material inside a mould, partially formed plastic bottles, tests scattered on a conveyor belt, a group of industrial workers in uniforms and helmets walking together, and a close-up of a woman in uniform. Text: “And with Petrochemicals, building the vital raw materials for over 40,000 downstream entrepreneurs who provide employment for more than 4 million Indians” An industrial facility, followed by workers sorting plastic waste and operating machinery, and plastics being processed. Text: “Starting as early as 2001, Reliance helped create wealth from waste giving a new life to discarded waste products” and the text transitions to: “By reversing the supply chain for post-consumer PET.” Employees working in different set-ups at the processing unit and inside a laboratory. Text: “Providing employment to a large number of unskilled people and helping many entrepreneurs set up recycling units” A girl drinking water from a packaged bottle, a group of boys sipping cold drinks, a shelf lined with various medicine or product bottles and boxes, a card swiping machine, and a counter labelled Jio Mart. Text: “Taking India's post-consumer PET recycling rate to one of the highest in the world at 85-90%” A couple of aerial views of an industrial set-up from different angles. Text: Moving from Essentials to Fuel From Materials to Connectivity” and the text transitions to: “Reliance built the World's Largest Integrated Single-Site Refinery Complex in Jamnagar, India. Jamnagar Refinery, 1993” Large oil tankers docked at a port facility with pipelines and infrastructure, and an aerial view of multiple oil tankers docked at long piers extending into the sea. Text: “Transforming India from a net importer into a net exporter of petroleum products” An animated illustration of a traditionally dressed Indian woman balancing two trays, each with a decorated elephant carrying currency notes and transferring from one to the other. Text: “Saving India billions of dollars in foreign exchange” The exterior of a large shopping complex named "Reliance Mall." Text: “Reliance brought about a revolution in Indian Retail. Reliance Retail, 2006” A series of small merchants—a man weighing goods in a shop, a shopkeeper in a grocery store, and a woman in a market stall. Text: “By creating an ecosystem that benefits small merchants and local businesses” A series of various small shop owners—posing, working, and interacting with customers. Text: “Connecting and empowering even the smallest of shop-owners with our New Commerce initiative, JioMart” A well-stocked store with JioMart signage and a man and a woman smiling and standing inside a shop. Text: “Improving the livelihoods of millions” A couple interacting with a Reliance Digital staff member inside a store, the exterior of a few stores—GAS and Superdry, another fashion retail store with a lit display that reads "LOOK GOOD FOR GOOD," and a family shopping in a supermarket aisle. Text: “Besides helping millions of Indians enjoy superior quality, unmatched choice and a world-class retail experience” Various individual shots of the usage of digital devices, including people using smartphones, students engaged with digital learning, healthcare professionals conducting telemedicine, and farmers utilising digital tools for agriculture. Text: “We triggered a Digital Revolution by putting the power of data in the hands of millions” A close-up of a student’s hands drawing fish in a notebook, with a Jio phone displaying a Wikipedia page and people holding mobile phones or tablets while floating above famous Indian landmarks, suspended by large colourful balloons. Text: “Transforming lives across the length and breadth of India” Colourful illustrations of Indian landmarks with a bird and clouds. Text: “Our commitment to India goes far beyond business” Nita Ambani is engaging with people in various activities–walking with a group of people, talking to children in a school setting, and with a woman holding a basket filled with vegetables in a rural area. Text: “Under the passionate leadership of Founder & Chairperson Mrs. Nita M. Ambani, Reliance Foundation has been touching lives” A woman in a pink saree stands among green plants, another in a red saree cooks indoors with a smile, and a third proudly holds a basket of green chillies in a lush field. Text: “Effecting rural transformation” A farmer sowing seeds, a woman showcasing her vegetable harvest, an elderly woman smiling in her lush garden, and a group of women smiling and standing together. Text: “Enhancing agri-efficiency and enabling food abundance for millions” A mobile medical van in a rural area, hospital staff pose with a newborn, Nita Ambani high-fives a child in a classroom, and she interacts with young girls in uniform. Text: “Improving livelihoods, healthcare and education” A close-up of hands on a sewing machine, women learning sewing machine repair with a male instructor, and women attending computer training. Text: ‘Empowering women with skill development & technology” Nita Ambani, with a microphone and umbrella, stands beside a boy in a sports jersey, shots from a soccer game, and a close-up of a hand painting, and Nita M. Ambani standing with a group of men, holding traditional art pieces. Text: “Nurturing achievers in Sports, Arts & Culture” Nita M. Ambani is sitting on the ground, surrounded by a group of women in a rural setting, having a conversation. She is also seen walking in front of an audience in a stadium, greeting them while men in wheelchairs and the crowd applaud. Text: “Standing shoulder to shoulder with the people of India” Close-up shots of people smiling in rural settings. Text: “Creating stories of hope, of change, of transformation” An aerial view of a large facility entrance, with roads, greenery, and the Reliance logo at the centre and a billboard with M. Ambani's portrait on the right. Text: “At Reliance, we envision a New India” A group of Reliance workers in safety gear are discussing work at an industrial site, and shots of smaller teams sitting inside an office are shown discussing. Text: “To continue creating great value for this emerging India, we too are transforming into a New Reliance” A man playing golf outdoors, a soccer (football) match, and a group of men in uniform are standing in a line. Text: “Helping India take many more giant strides on the global stage” A sequence of newspaper headlines about Reliance's historic rights issue. Text: “Our Rights Issue in 2020 was one such leap forward” Subtext: “Reliance raises US $36 Billion from Global Investments in Jio Platforms, Reliance Retail, and India’s Largest Ever Rights Issue” A decorative circular pattern with traditional Indian motifs, the centre features the Indian Rupee symbol (₹). Text: “It positioned India as a Strong Investment Destination" Subtext: "India leaps ahead despite the pandemic." Logos of major global investors and tech companies, including: ADIA, Facebook, General Atlantic, Google, Intel Capital, and KKR, etc., on a decorative background. Text: “Helping us raise billions of dollars for the New India” A large modern building with a green "Jio" logo, overlaid by bold white 3D text reading "ONE INDIA EMPOWERED INDIA." Text: “An achievement that will help us partner with India in shaping its future” A sequence of visuals including a medical interface, solar panels (real and illustrated), a city skyline at sunset, an industrial setup, Earth from space with cartoon overlays, a person using VR with a robotic hand, and a futuristic pod in a transparent tube above a city street. Text: “With new-age technology, green energy initiatives, global partnerships and more” Close-up shots of employees smiling. Text: “Creating a lifetime of value for our people” and the text transitions to: “For every one of us, we ensure 'Growth is life'.” The Reliance Industries Limited logo appears with the “Growth is Life” tagline. The Reliance logo is in the centre surrounded by circular rings of smaller paisley shapes. A blue background with colourful traditional Indian patterns in the corners. Text: The title: “1977” and subtext: “Reliance issues IPO Ushers in the equity cult in India" With the same background, the subtext changes to: “The IPO was oversubscribed 7 times Significant for its time, creating shared value for millions of Indians” A green background with traditional Indian folk art illustrations in the corners. Text: The title: “1977” and subtext: “₹1,000 invested in RIL IPO in 1977 is worth ₹56,88,750 ($66,742*) today, including Jio Financial Services IRR of 25.74% since IPO.” With the same background, text: “As of March 31, 2024, RIL market cap is worth ₹20,14,011 crores ($241.4 billion*).” Text in the bottom right corner reads: “*USD values at prevailing exchange rates.” Sam green background and the text: As of March 31, 2025, RIL market cap is worth ₹17,25,378 crores ($201.9 billion*) A blue background with lotus illustrations in the corners. Text: The title: “2010” and subtext: “Reliance named among the world's '10 biggest value creators' by BCG.” A blue background with decorative illustrations of globes wearing graduation caps in the corners. Text: The title: “2020” and subtext: “Conducted India’s largest-ever Rights Issue of ₹53,124 crores ($7,267 million), the world’s largest by a non-financial institution in a decade.” With the same background and the title, the subtext changes to: “Jio raised ₹1,52,056 crores ($20,798 million) for a 32.97% stake sale in just 3 months” Subtext transitions to: “Reliance Retail raised ₹47,265 crores ($6,465 million) from marquee global investors, for a 10.09% stake sale in just two months” Blue background with text: The title: “2020” and subtext: “RIL raised ₹7,629 crore (approx. $1,000 million) through Jio-bp partnership” A magenta background with decorative circular mandala patterns in the corner. Text: The title: “2020” and subtext: “Reliance executed the largest ever capital raise in India of ₹2,60,074 crore ($36 billion) through rights issue and asset monetisation” The subtext changes to: “Massive vote of confidence in a New India and Reliance by world’s leading global corporations despite the global pandemic” A light blue background with illustrations of a laptop with green bar charts and colored gears in the corners. Text: The title "Reliance Petrochemicals" in bold white text. Below, it reads: "Creates business opportunities for 40,000+ downstream small businesses and MSMEs" With the same background and the title subtext changes to: “Enabling downstream employment for over 4 million Indians” The Reliance logo fades in from the bottom right to the centre surrounded by circular rings of smaller paisley shapes.

													

															
Background music plays through the video. Reliance Industries Limited logo appears with “Growth is Life” tagline. An illustration featuring various stylized human figures arranged around a central graphic of a tree. The tree is adorned with eco-friendly icons such as recycling symbols, solar panels, and plants. Text below reads: “Securing the energy needs of a billion Indians” An illustration of India’s landmarks, like the Taj Mahal and Gateway of India, with people, a car, a drone, and a plane. Text: “India is a land of great opportunities, wonderful diversities, ingenuity, and economic might” A large industrial plant with tall chimneys and refinery structures. Text: “Reliance is proud to be an Indian company.” A stylized design with the Reliance logo in the center, surrounded by a blue and yellow pattern resembling the Indian flag's wheel. Text: “Staying true to our motto, "What is good for India is good for Reliance.” A large industrial refinery with complex pipelines, towers, and structures. Text: “We have always ensured that we create exponential value, wealth and growth for the people and the economy of India.” An illustrated representation of an industrial landscape with stylized buildings, trees, and birds. Text: “Reliance energised India's Industrial Revolution in the 70s.” Mr Ambani speaking into a microphone with a speech bubble that reads: “Our dreams have to be bigger,” followed by: “Our ambitions higher,” then: “Our commitment deeper,” and finally: “And our efforts greater.” A stylized portrait of Mr Ambani smiling against a vibrant, decorative background with blue and gold floral mandala patterns. Text: “This is my dream for Reliance and for India.” A large industrial complex surrounded by greenery and water bodies, tall chimneys, and a glimpse into Reliance’s polyester manufacturing, showcasing fiber processing and large-scale production. Text: “Starting with Polyester, we built an inclusive business ecosystem that enabled entrepreneurs to diversify their fibre base beyond Cotton and set-up new businesses.” A globe slowly rotates, gradually zooms in to focus on India. Text: “We empowered our customers to compete globally.” A close-up of green polyester thread being processed in a textile machine, a close-up of red and blue polyester fibre bunches, a close-up of a spool of golden thread, a fabric care label, and a motorcycle jacket, with two stylized women positioned at the bottom corners. Text: “Helped showcase India's strength in textiles and as a source of sustainable and Hi-Performance polyester-based garments.” A collection of items related to polymer-based products, including car tires, a yellow hard hat, colourful hoses, plastic containers, and pipes. Text: “With our Polymer business, we met the raw material needs of diverse industries, across agriculture, healthcare, pharma, packaging, automotive, housing, and infrastructure.” A laboratory worker analyzing data, a close-up of hands inspecting a product, a worker sorting material in a recycling facility, factory workers on an assembly line, and a group of workers in safety gear in an industrial setting. Text: “Providing employment opportunities for more than 4 million Indians.” Large spools of material and a production line with machines handling rolls of material. Text: “Today, Reliance is one of the most integrated Petrochemicals Producers globally” Stacked bags labeled "Reflex" with a crane nearby. Text: “with operations ranging from the production of feedstock and intermediates to end products in both polyester as well as the polymer chain.” A refinery plant with a tall smokestack and industrial structures. Text: “A Refining and Energy business was the next step in our unique move towards backward integration.” An industrial energy plant and an aerial view of the industrial plant. Text: “It catapulted India on to the global energy map and helped India become Energy Secure.” “Various shots of aerial view of a large refinery complex at night. Text: “Reliance built the World's Largest, Most Complex, Integrated Single-site Refinery in Jamnagar, India.” An aerial view of the Jamnagar Complex. Text: “The Jamnagar Complex is an engineering marvel in scale, design, flexibility, automation & integration.” The text transitions to: “Self-sufficient in itself, it's the World's Largest Grassroots Integrated Refinery Complex.” A section of the Jamnagar Complex with large industrial structures and smokestacks. Tex: “With its own dedicated power plant.” Several ships are illustrated along with port infrastructure such as cranes and warehouses. Text: “India's Largest Port and Marine Facility (Captive Port with a capacity of 50 million TPA).” A vast industrial plant. Text: “Some of the world's largest units like the World's Largest Paraxylene complex.” Similar shots of a large industrial complex. Text: “Making us the World's 3rd Largest PX Producer.” A view of the Jamnagar Complex with large tankers and a pipeline connecting to the shore. Text: “The Jamnagar Complex is at the heart of India's transformation from a net importer to a net exporter of petroleum products.” An animated illustration of a traditionally dressed Indian woman balancing two trays, each with a decorated elephant carrying currency notes and transferring from one to the other. Text: “Saving billions of dollars in foreign exchange.” A large illuminated building with the Reliance logo. There are roads, greenery, and industrial structures in the background. Text: “With its expansion, the Jamnagar Complex has made India the Refining Hub of the World.” An aerial view of Jamnagar complex at night. Text: “Reliance has also made India one of the World's Top 10 Producers of Petrochemical Products.” A traditional Indian-style illustration of a woman with a colourful dupatta. Text: “We are the World's Largest Integrated Producer of Polyesters.” A glimpse into Reliance’s polyester manufacturing, showcasing fiber processing and large-scale production. Text: “We make enough polyester to dress every woman in India in a beautiful saree!” A woman in a pink saree floating her saree and posing. Text: “We are leaders in Polymers, Elastomers, Aromatics, Fibre Intermediates and Advanced Materials like HEXaREL Graphene.” A graphic illustration featuring an offshore oil and gas drilling rig floating above stylized blue ocean waves. The water is populated with cartoon-style, colourful fish. The illustration transitions to visuals of a large, industrial offshore oil and gas platform floating in the dark blue ocean during day and at night. Text: “Our success in Deep-water Oil & Gas exploration is another significant milestone for India.” An aerial view of a large industrial complex. Text: “The KG-D6 is the World's Fastest Green-field Deep-water Oil Development Project.” Stylised graphics and photographs of massive offshore oil and gas platforms and support vessels. Text: “Another marvel of engineering & technology, the KG-D6 is further bolstering India's energy security.” Green icons such as electric cars (EVs), recycling symbols, factories, leaves, and the Ashoka Chakra (wheel)—scattered across a white background assemble to form the map of India. Text: “Contributing to 30% of India's gas production.” A man in a uniform and a white hard hat standing against a backdrop of a massive industrial refinery structure. Text: "I'm proud to work at the world's biggest refinery." A casually dressed man against a graphic background featuring recycling symbols and plastic bottles. Text: "The Jamnagar Complex has helped my business flourish." A stylised illustration of a pair of hands held facing upward and above the hands is a radiating, sun-like graphic of the Reliance logo. Text: “At Reliance, We Care.” A group of employees, including many women, wearing dark blue industrial coveralls walking through a modern office area, a corporate management team of men and women in a modern meeting room, and a large, diverse crowd of employees in various uniforms walking outdoors. Text: “While we create exponential value, generate large-scale employment and secure our nation's economy.” An aerial view of a vast, dense field of thriving, green crops. Text: “We have also taken several steps to secure the sustainable future of India as well as our beautiful planet.” An aerial view of arid and barren landscape, dominated by dry brown and tan earth. Text: “We have turned the arid land around the Jamnagar Complex into a fertile land.” Close-up shots of a mango tree laden with many mangoes, follows, showing a view down a dirt path through a dense, tall Teak Plantation. Text: “A land that nurtures a variety of fruits like Mango and a large Teak Plantation.” A daytime view focusing on an industrial complex's large storage silos and structural buildings and an illuminated night shot of an industrial petrochemical complex. Text: “Starting as early as 2001, Reliance set up processes to create wealth from waste.” A pile plastic waste, the waste being processed on a large conveyor belt system inside an industrial recycling facility, and a close-up shot of a line of finished cylindrical products. Text: “Giving a new life to discarded waste products by reversing the supply chain for post-consumer PET.” An industrial close-up of a high-speed bottling/packaging line and women purchasing and drinking bottled water. Text: “We recycle over 2 billion PET bottles every year, with added capacity to recycle over 5 billion PET bottles.” Close-up shots highlighting the vibrant colors (orange, red, and purple) and luxurious texture of various flowing fabrics and a model displaying a flowing, light lavender dress. Text: “Which are then used to create the World's greenest fibre and fabric Recron GreenGold and R-Elan EcoGold.” A few female models wearing a stylish dress. Text: “Loved by leading designers & brands for their high sustainability quotient and low carbon footprint.” Large piles of plastic waste. Text: “We even use end-of-life plastics to build top-quality roads.” Workers holding a handful of colourful plastic pieces, which are then poured into a machine, and some workers are spraying a substance on the newly laid road. Text: “'ReRoute', a mixture made with optimised Plastic Waste is perfect for the construction of roads, turning waste into wealth.” A road roller paving road. Text: “With our conservation efforts, we have saved coal-equivalent energy of over a million tonnes. And recycled 700 million cubic metres of water over the last decade.” An aerial view of a large Reliance/Jio corporate complex, overlaid with the promotional slogan "ONE INDIA EMPOWERED INDIA". Text: “As India changes into a New India, we are transforming into a New Reliance.” A dark blue background with a large, golden 'R' logo in the centre, flanked by two stylised, symmetrical tree-like designs that incorporate various sustainability and resource icons (like solar panels, recycling symbols, and hands holding plants). Text: “With a comprehensive strategy to use resources more efficiently.” A dark blue background, features a simple, stylized white and grey illustration of an offshore oil rig or drilling platform. Text: “Innovating ways to capture and convert CO2 emissions.” An illustration features several stylised wind turbines with blades shaped like paisley patterns. Text: “Switching from fossil fuel to clean, green, and renewable energy.” An animated-style image with a teal sky featuring a stylized, decorative Sun and a few clouds, dominating a vast expanse of countless solar panels in the foreground. Text: “Investing in harnessing Solar Energy at scale.” A hydrogen production facility with a large cylindrical structure and a tank labelled H2 and a modern "Hydrogen" refuelling station with a bus at one of the pumps with wind turbines visible on the roof. Text: “Creating infrastructure and innovative solutions to enable Clean Mobility.” A large, intricately designed circular mandala pattern with the Indian Rupee currency symbol (₹) in the centres. Text: “Promoting a Circular Economy and sustainability across the world.” A large white truck being refuelled at a tall, modern Hydrogen fuel pump. Text: “With the aim to become Net Zero Carbon by 2035.” A futuristic blue and white structure of a fueling or charging station, with an airplane flying low in the background. Text: “To end India's Green Energy divide. To help India become energy sufficient as well as energy efficient.” Reliance Industries Limited logo appears with “Growth is Life” tagline. A text slide on a dark blue background with a partial mandala design visible on the corners. Title text: “Hazira Plant” and subtext: “Commissioned in 1991, setting the foundation for becoming the world's largest integrated producer of polyester.” Subtext transitions to: “Between 1996 – 97, completed the $2.5 billion Hazira Complex, becoming the world's largest producer of polyester.” A text slide on a red background with decorative design visible on the corners. Title text: “Jamnagar Fully-Integrated Grassroots Refinery Complex” and subtext: “An engineering marvel in scale, design, flexibility, automation, and integration.” Subtext transitions to: “The world's largest, integrated, single-site grassroots refinery complex.” Subtext transitions to: “World's largest Paraxylene plant.” Background colour changes to brown and subtext transitions: “India's largest port and marine facility with capacity of 50 million TPA.” Text transitions: “A captive power plant and port of over 1,000 MW.” Text transitions: “In 2009, Jamnagar expansion made Reliance the 'Refining hub of the world'.” Text transitions: “The speedy growth of the Jamnagar Complex aided in India's transformation from a net importer to a net exporter of petroleum products.” A text slide on a pink background with decorative design visible on the corners. Title text: “Oil & Gas exploration and production” and subtext: “1993, Reliance was awarded Oil and Gas Fields for exploration and production. Subtext transitions: “2002, made deep sea discovery of gas reserves in KG-D6 Block. Subtext transitions: Unlocked new resources for India's Energy sufficiency. Background colour changes to sky blue and subtext transitions: “Today, Reliance is the leading private sector company in oil & gas exploration and production.” Subtext transitions: “India's first and only deep-water producing block.” Subtext transitions: “Largest unconventional natural gas producer for the country.” The video concludes with a white background and the animated paisley patterns circling the Reliance logo again.

													

															
The video begins with a red and blue logo that says "Reliance Retail." An animated sequence with a decorative border and a red background appears, showing the phrase “A shared ecosystem of inclusive growth and delightful experiences for all Indians.” Animated peacocks appear with the text: “For us at Reliance, India is our family.” A large, repeating pattern of small animated people is shown, with the text "A family of over a billion people." The video shows a group of children and families smiling at the camera, along with the text "Everything we do, we do it to create joy and enhance the lives of this family." Scenes of daily life, including people shopping and using technology, and Reliance Retail's various businesses, including Reliance Jewels, Reliance Digital, Trends, and Reliance Smart. The text "From Essentials to Fuels, Materials to Connectivity we create businesses at an enormous scale and with extreme efficiency." A Reliance Retail delivery person delivering groceries to a customer's home. The text “To improve livelihoods, create a lifetime of value, and help each one of our people prosper.” An animated sequence with a blue background and a spinning logo is shown, with two photographs of M. Ambani appear with a quote. The text " In the words of our leaders 'What is good for India is good for Reliance.'" The video cuts back to scenes of Reliance Retail's large-scale operations, including its stores and warehouses. The text: “The story of Reliance Retail is testimony to our commitment to create value and exponential growth for everyone.” A photograph of M. Ambani with a speech bubble that reads: "Reliance Retail is a transformational initiative in organised retailing that will have a profound impact on the socio-economic life of every one of our people." Various scenes of a large modern supermarket and small businesses are shown with text: “India's largest retail company, Reliance Retail, has revolutionised Indian retail by creating” that transitions to “an ecosystem that supports and partners with small merchants and local businesses.” Animated birds on a tree with text that reads: “Giving everyone great opportunities to grow.” An animated pyramid of the JioMart platform, which connects small merchants with consumers and producers. The text "Our New Commerce initiative, JioMart connects the smallest of shop-owners." Scenes of small merchants using JioMart's digital tools. The text: “Modernising and empowering them with physical as well as digital capabilities” Different shots of people in shops and markets are shown, with the text “Helping more than 3.5+ million merchant partners to prosper and grow alongside modern retail.” A red background with a Covid-19 theme are shown, along with the text "During the Covid-19 lockdown, our JioMart partners played a vital role in delivering groceries and essentials to the doorstep of millions." An animated Jio Mart delivery van, various scenes of a large modern supermarket, and a delivery person is shown handing a package to another delivery person, and a variety of products and services, including electronics, groceries, fashion, and medicines, with the text: “From Consumer Electronics to Groceries, Fashion & Lifestyle, Medicines, and Connectivity” A group of young people holding up smartphones and various fashion stores are shown with the text: “We help millions of Indians access the best of Indian & international brands” Families shopping for groceries, a couple browsing on a tablet, and a woman on her phone with the text: “Unmatched choice, quality, value, and a truly world-class retail experience, in stores and on multiple digital platforms” The video transitions to an animated sun on a green background with circuit-board-like lines with the text: “Reliance Retail played a pivotal role in accelerating India's digital revolution” A collage of people using phones is shown with the text: “Helping us take 4G-enabled devices to the length and breadth of India” A group of men using phone are shown with the text: “putting the power of Jio in the hands of millions of Indians” The video transitions back to an animated sequence showing peacocks with various brand logos such as NIKE, Allen Solly, Dune, etc. on their tails with text at the top that reads: “Reliance Retail also brings the world's best luxury brands and experiences to India” Various store fronts for international brands like "Hamleys" and "Steve Madden" are shown with the text: “The only Indian retailer to feature among the 'Global Powers of Retailing' we are the preferred partner for many coveted brands in the world” The interior of a large supermarket and a warehouse are shown with the text: Today, we have a network of 19,340 stores across 7,000+ cities adding up to 77.4 million sq.ft. of Retail Space" and "An extensive warehouse network to support our pan-India operations." A man and a woman are shown shopping for groceries, a woman is shown trying on jewelry, a woman trying cameras, and a person browsing online store are shown with the text: “With a presence in 7000+ cities across India and a loyal customer base of 349 million, we serve almost 100% of India's addressable pin codes through integrated online and offline channels. A diverse group of people, including employees and customers, is shown with the text "For us, the most important number of all is the number of livelihoods we create and empower." Red background and decorative border with text: “Reliance Retail has 2,47,782 people in its workforce” People in an electronics store, with one wearing uniform assisting customers. The text "Reliance takes care of me like family" A woman holding shopping bags and pointing to logos, with a background of brand logos like AJIO.com, GAS, BURBERRY, etc. The caption reads: "I get my favourite international brands right here in India" Colorful illustrations of Indian landmarks, people, and technology, with a caption reading: "As India transforms into a New India, a New Reliance is taking shape too" An animated drawing of a hand holding up a drawing of a human brain with a robot hand, a person with a drone, and a robot are shown. The caption reads: "Enhancing Indian Retail even further with fascinating technological integrations using AI, Data Analytics, AR/VR, and more A photograph of Reliance employees, and shots of customers, digital platforms, showcasing shopping, fashion, technology, and retail experiences. The caption reads: “Continuing to enrich the lives of both, the families that work with us and the families that buy from us” An illustration of a diverse group of people in traditional and modern clothing, using technology like smartphones, laptops, and drones. A large tree is in the background, with animals and birds around. The text reads, "A family of over a billion people called India." The Reliance Retail logo with the text below: "A shared ecosystem of inclusive growth and delightful experiences for all Indians." The Reliance Industries Limited logo with the tagline: "Growth is Life" appears on screen. A blue background with colorful designs on the corner with text: "Reliance forayed into Retail sector in 2006." Text transitions to: "Reliance Retail is the largest retailer in India by reach, scale, and profitability Text transitions to: “spanning grocery, fashion, lifestyle, consumer electronics, and more” Text transitions to: “Reliance Retail is larger than all other organised Indian retailers put together” A red background with colorful designs on the corner with text: “Reliance Retail serve almost 100% of India's addressable pin codes” Text transitions to: “India’s first retailer to cross $10 billion in annual revenues” Text transitions to: “Reliance Retail has registered over 1.4 billion customer transactions across 19,340 stores and multiple digital platforms” Text transitions to: “Only Indian retailer to feature in the list of Global Powers of Retailing” Text transitions to: “In 2023, we were ranked as the 4th fastest-growing retailer in the world” Text transitions to: “349 million registered loyal customers” Text transitions to: “19,340 stores across 7,000+ cities” Text transitions to: “Bringing access and affordability to the farthest corners of India Text transitions to: “66% of stores located in growing small towns such as Tier II, Tier III, and beyond” Text transitions to: “A global partnership with a portfolio of over 70+ luxury brands” Title text: Reliance Consumer Products Limited (RCPL) and subtext: “Shaping India’s $2 trillion consumer market by delivering global-quality products at Indian prices” Subtext transitions to: “Aiming to become India’s largest FMCG company with a global presence” A blue background with colorful designs on the corner with text: “Catering to >90% of the daily needs of Indian households including staples, fashion, FMCG, home, and personal care” Title text: “India's largest omnichannel grocery retailer” Subtext: “Expanding at 2.5 times the rate of the rest of modern trade” subtext transitions to: “One of the fastest-growing retailers Driven by focus on smaller towns” A blue background with colorful designs on the corner with heading: “India's largest consumer electronics store” and text below: “Reliance Retail is the market leader” Under the same heading the text transitions to: “Offering high-quality sales and after-sales services” Text transitions to: “Only fashion player in India with a presence in every segment of the income pyramid” A blue background with colorful designs on the corner with heading: “JioMart” and text below: “Offers hyperlocal delivery with a wide assortment” Under the same heading the text transitions to: “New commerce has registered 3.5+ million merchant partners” Text transitions to: “The largest employer in the Indian retail industry 200,000+ employees” The video ends with the Reliance logo and traditional paisley patterns rotating around it.

													

															
Instrumental music continues through the video. A blue background with the "Jio" logo in the centre. Surrounding the logo are several circular icons featuring a mix of illustrated and real people, all engaged with digital devices. At the bottom, the text reads: "Empowering a Billion Indians with the Digital Life." A colorful Indian-themed design with "INDIA" in the center, two traditional women on either side, and the text "India is a country of epic proportions" at the bottom. A circular, tribal-style pattern in gold with human figures and geometric shapes around a central tree. The text at the bottom reads: "A country of over a billion people." Various colorful circular motifs featuring landscapes, a deity, a woman holding books, and text in multiple Indian scripts. The text at the bottom reads: "Diverse languages, regions, cultures” the text transitions to: “Great distances and great challenges too.” A young girl in a school uniform holding books and smiling. Behind her is a simple illustration of a school building. The text reads: “I wish my village had a good school.” A man and a boy on a tractor in a rural setting. The text reads: “I wish I could learn about new farming techniques.” A man and a boy on a bicycle in front of a building with a red cross sign. The text reads: "I wish I didn’t have to go far for medical help." A woman with a shop in the background. The text: "I wish I had someone to help me build my business." A network of illustrated and real faces connected by red lines and colorful circles zooms in. The text reads: "A billion Indians... with a common aspiration." The text transitions to: “To do their best in life.” A view of Earth from space, focusing on the Indian subcontinent. The text reads: "India is a nation brimming with opportunity." Black and white photographs of M. Ambani, him addressing large audience, and speaking into a microphone. The text reads: "Way back in 1985, our visionary Founder Chairman,” text transitions to "Shri Dhirubhai H. Ambani had a prophetic insight" M. Ambani in conversation with two men. A speech bubble with the quote: "Information will be the largest business in the world" and him addressing to a group, the speech bubble reads: "I want to harness its power for India." The text transitions to: “If it is good for India it’s good for Reliance.” Mukesh D. Ambani in front of a stylized digital circuit background. The text reads: "In 2016, our Chairman Mukesh D. Ambani" Mukesh D. Ambani gesturing while standing at a podium, with the Jio logo next to him. The text reads: "made his father's vision an astounding reality". Close-up photographs of Isha, Akash, and Anant Ambani against a vibrant red and pink decorative background. The text at the bottom reads: "Helmed by young leaders Isha, Akash & Anant Ambani". Traditional Indian artwork and a decorative border at the bottom of the frame. The Jio logo emerges from the bottom and settles at the center. The text reads: 'Reliance laid out an All-4G, Ground-Up, Data-First Mobile Network across India”. With the same text the visuals transition to show a smartphone, a Jio Wi-Fi device with “Enjoy 4G” as title, an older man using a smartphone at home, a group of young people smiling and looking at a smartphone showing the Jio INDIA logo, a person holding a phone showing a video call between a child and a woman, and a young man using his smartphone. Hindi vowels (अ, आ, इ, ई, उ, ऊ, ए, ऐ, ओ, औ, अं) arranged in two rows on a black background with a colorful traditional Indian design border around it. The text reads: "with an investment of nearly US$ 40 Billion". Mukesh Ambani speaking against a blue background and various newspaper clippings featuring Mukesh Ambani, highlighting headlines about Reliance Jio. The text reads: "To put the power of data in the hands of millions." Isha Ambani is seen standing behind a Jio-branded podium, Akash Ambani is also behind a Jio-branded podium with a large Jio logo in the background, and Anant Ambani is shown speaking. The text at the bottom reads: "To bridge the digital divide and help millions fulfil their dreams." The Jio ecosystem with various digital services offered by Jio revolving around the central Jio logo. T The services include: JioCinema, JioChat, JioNet, JioNews, Jio4GVoice, JioSecurity, JioMags, etc. The text at the bottom states: "Jio triggered a massive Digital Revolution." The Earth from space, focusing on the Indian subcontinent with the text at the bottom that reads: "On an enormous scale with extreme efficiency." People of different ages and backgrounds engaging with digital technology. The text reads: "Beginning India's transformation into a Digital Society." A group of young monks gathered around a laptop, focused on the screen. The text on says, "Jio helps me attend school online". A person consults a doctor remotely. The text: "I consult Doctor in the city sitting in my village" Two men in a field, one showing the other a tablet. Text: "I get accurate weather, soil and crop reports." Young woman talks in front of a laptop. Text reads: "I take business lessons from world leaders." Man sits at a small shop counter with Jio Mart sign. Text reads: "I connect with my customers online." A network pattern connecting various people from India, shown in small triangular frames, smiling and using phones. Text: "While we took the power of data to people of India People took us and India to great heights" A colorful circular mandala-like design with icons of phones, chat bubbles, and speakers arranged in concentric circles with number “1” in the center and transitions to a chart titled "CUSTOMER GROWTH" from Jio Digital Life. It displays subscriber numbers (in millions) on the vertical axis and time intervals (from 25 to 200) on the horizontal axis. The text: "They made us the 1st Telecom company in India and 2nd in the World to cross 400M Subscribers". A colorful circular design with the number "1" in the center. The text reads: "Catapulting India to the World's No. 1 in Data Consumption!" A child with a VR headset, a person writing while another holds a phone, and a person browsing shoes on a smartphone. The text "Connecting millions of Indians to the Internet for the first time ever!" An office with people working at computer stations in front of a large screen displaying a map of India and various data visuals and a group outdoors waving blue flags. The text, "For India and Reliance, this is just the beginning of a New India and a New Reliance." A collage of various people using mobile phones in different settings, with the text: "Jio is geared up to usher greater digital transformation." A large "5G" with illustrations of people and buildings inside the numbers. The text: "We have developed a comprehensive 100% homegrown 5G solution for India." A large modern office building with "ONE INDIA EMPOWERED INDIA" displayed in front, followed by close-ups of a Jio smart pole featuring security cameras, LCD display, and 5G ultra & WiFi access points. Text: “With Jio 5G, India will enjoy even more data abundance, faster speeds.” A robotic arm is positioned outdoors among greenery, a robotic arm with a claw is picking fruits from a plant, and a drone-like machine is spraying mist over an agricultural field. Text: “And enhanced digital experiences across a wide array of 5G enabled devices.” A colorful illustration of a woman in traditional Indian attire on the left and a man wearing headphones and a vest on the right, both holding up smartphones, with a sign in the center displaying "1 GBPS." Text: “Our 5G Platform has already crossed the 1Gbps milestone on Jio 5G network & devices.” A close-up of the Jio router, a television in a living room displaying a smart TV interface, and a couple sitting on a couch, smiling and watching TV together. Text: Along with JioFiber, Jio has been the lifeline of 500 million people.” People using technology at home for various activities like working, teaching, learning, studying, and consulting doctors. Text: “Enabling work from home, learn from home, health from home and shop from home through the pandemic.” Various JioBusiness connectivity devices are displayed on a table with a Microsoft logo and a team of professionals working on laptops in a office meeting room. Text: “JioBusiness offers a rich suite of services combining wireless & wireline connectivity for enterprises.” Logos of global investors like Google, Facebook, Intel, and Qualcomm with text: “Jio Platforms Limited has completed fundraising of ₹ 1,52,056 Crores across 13 global marquee financial and technology investors” and the text transitions to: “Bringing the power of global technology to India.” An illustration of a traditional Indian woman holding a laptop displaying the logos of Facebook, Jio, and Google. Text: “We have forged partnerships with Facebook and Google to create ‘Made for India’ solutions for digital commerce.” A farmer using a smartphone to check soil or crop information, an expert explaining farming techniques to a farmer in a field using a tablet, a worker using digital tech to inspect industrial machinery, a couple using a mobile phone at home, a group of young people celebrating together, and an elderly woman interacting with an older man at home. Text: “Jio aims to help over a billion Indians enjoy the power of Digital Technology.” A digitally created scene shows a miniature Taj Mahal and Mehrangarh Fort with people in traditional attire around and above them—some standing, zip-lining, or suspended by large colorful balloons. The text: “Rapidly transforming India into a future-ready Digital Society” The Jio logo with the tagline "Digital Life" on a blue background, surrounded by colorful dots and the phrase "Empowering a Billion Indians" Reliance Industries Limited logo appears with “Growth is Life” tagline. Blue background with circular decorative patterns in the corners. The text reads: “Launched in 2016, Jio rapidly became the digital lifeline of India.” Text transitions: “In just one year, catapulted India from 155th to the World’s No. 1 in mobile data consumption” Text transitions: “16 million subscribers in just one month” Text transitions: “50 million subscribers in less than three months” Red background with circular decorative patterns in the corners. The text reads: “Over 100 million subscribers in 6 months” Text transitions: “2019, Jio surpassed 370 million subscribers, becoming the fastest telecom operator globally to reach this milestone” Text transitions: “The 1st Indian Telecom Company, and 2nd in the World to cross 400 million subscribers” Text transitions: “Today, Jio has India’s largest subscriber base at 500 million” Pink background with circular decorative patterns in the corners. The header line: “Growth on the network” and text: “Voice usage has grown from 5.48 trillion minutes in FY24 to 5.80 trillion minutes in FY25”, the text transitions to: “Data usage has grown from 148.5 billion GBs in FY24 to 184.5 billion GBs in FY25” Same pink background and text: “154 patents granted to Jio in FY2024-25” Text transitions: “Jio Bharat brings internet-enabled services to millions of 2G feature phone users” Green background with decorative patterns in the corners. The header line: “Jio standalone 5G technology” and text: 100% home-grown and comprehensive 5G solution”, the text transitions to: “Fully cloud native, software defined and digitally managed” Same green background with text: ‘JioFiber connects 10 million+ homes” Text transitions: “JioBusiness, a bundled enterprise offering of software, devices and connectivity to accelerate digital transformation of small and medium enterprises” The video ends with the Reliance logo and traditional paisley patterns rotating around it.

													

															
Instrumental music plays through the video. Visual: The Reliance Industries Limited logo appears on a black screen with tagline "Growth is Life" is displayed below it. Visual: A montage of diverse individuals and groups across India, showing people in urban and rural settings, working, and interacting. Text appears: "Helping a Billion Dreams become a reality." Visual: A man and a woman are in business attire standing in front of a stylized background. The background features illustration of 4 tigers blinking, a tree with leafy branches, and birds flying. Text appears: "India is a country of bold entrepreneurs." Text changes to: "Full of youthful exuberance & confidence." Text changes to: "Turning brave ideas into global successes." Visual: A classroom with teacher surrounded by a group of students, a man at a shopping centre, and a few more at various shops are shown. Text appears: "At Reliance, we have unwavering faith in the potential of India." Visual: Close-up of Mukesh D. Ambani, Chairman of Reliance Industries, along with a speech bubble with the text: "Give the youth a proper environment." Text in the speech bubble changes to: "Motivate them with the support they need." Text in the speech bubble changes to: "They have infinite energy. They will deliver." Visual: A graphic highlighting Mukesh D. Ambani with the text below it: "Our visionary Chairman Mukesh D. Ambani." Text changes to: "took charge in his youth and continues to stand by India's entrepreneurial potential." Visual: Ambani standing at a podium with Jio logo on it with a speech bubble next to him that says: "India is at the doorstep of prosperity" Text in the speech bubble changes to: "With our potential, confidence and unity in action" Text in the speech bubble changes to: "India will exceed the world's expectations" Visual: A stylized tree grows in the background and text appears: "He has grown Reliance into an enterprise that nurtures hundreds & thousands of enterprises" Visual: Aerial view of the massive Jamnagar Refinery Complex, showing its vast scale. Text appears: "The World's Largest Integrated Single-site Refinery Complex at Jamnagar nurtures 40,000 small downstream entrepreneurs" Visual: Videos of various small businesses and entrepreneurs, showcasing diverse livelihoods, and the text that reads: "They, in turn, provide millions of livelihood and employment opportunities" Visual: The Reliance Retail logo appears on screen. Visual: Scenes from Reliance Retail stores, showing customers and staff, and a variety of products. The text at the bottom reads: "Our Retail Revolution has nurtured an ecosystem that helps nearly 3 million+ small merchants and local businesses prosper" Visual: A cluster of butterflies’ transitions to reveal the Jio logo and the text underneath it reads: "In 2016, Reliance launched Jio" Visual: Graphics illustrating the concept of "Voice Calls FREE" and "power of data" and the text below reads: "It was a revolutionary idea to make Voice Calls FREE and put 'the power of data' in the hands of millions of Indians." Visual: An illustration depicting network and connectivity with a stylized sun in the centre and text that reads: "India was poised to lead the Fourth Industrial Revolution - The Digital Revolution." Visual: Cartoon elephant with colourful decoration is shown on the left. The text on the right reads: "For Reliance, 'This is just the beginning' The gateway to a massive Digital Ecosystem". Visual: The JioPhone is showcased, with people happily using it, emphasizing its accessibility. The text below it reads: "Jio launched multiple digital platforms, helping millions access entertainment" Visual: Videos showing entertainment, commerce, communication, finance, education, healthcare, and government services, all flowing from the Jio platform. Text changes to: "Commerce, Communication, Finance, Education, Healthcare and key Government Services" Visual: A JioPhone feature phone is placed in the centre of a colourful background with icons of phones, chat bubbles, and call symbols rotating around it. Text below it reads: "In 2017, Jio launched the revolutionary JioPhone enabling more than 100 million Indians to connect to a digital life for the first time" Visual: Videos depicting JioFiber and JioBusiness, showing homes and offices connected by digital networks. Seamless transitions between wireless and wireline connectivity. Text at the bottom reads: "In 2019, Jio launched JioFiber and JioBusiness which soon became the digital lifeline" Visual: People watching television and kids using tablet are shown and the text transitions to: "of millions of homes and enterprises combining seamless wireless & wireline connectivity" Visual: Young entrepreneurs and startups interacting, collaborating, and working in modern office spaces. Text transitions to: "Jio is geared to energise the next generation of entrepreneurs to further India's dream of a Digital Society" Visual: The JioGenNext logo appears at the bottom of the screen with text above it that reads: "With JioGenNext, our Startup Accelerator, we are advising & mentoring exceptional founders in launching their startups in the Jio ecosystem" Text transitions to: "We have nurtured over 219 startups Even through the pandemic" Visual: Illustrated people in traditional attire are shown at the bottom with various Indian traditions. The text on top reads: "Helping them raise a collective funding of US$ 834 Million" Visual: Young entrepreneurs, women in workplace setting interacting using digital interfaces, and digital payment at a store are shown, with the text at the bottom that reads: "Jio Platforms Limited is a shining example of our commitment to India's entrepreneurs" Visual: Logos of various global investors appearing around the Jio Platforms logo, symbolizing partnerships with the text underneath that reads: "It has raised ₹ 1,52,056 Crore from 13 global marquee investors" Visual: Graphics illustrating global collaboration with Microsoft, Google, Facebook, etc. flowing into India, with text below it that reads: "Bringing in Global partnerships, expertise and investments in India's potential" Text transitions to: "We have forged partnerships to create 'Made for India' solutions for Digital Commerce" Visual: A stylized representation of 5G technology that transitions to Jio smart pole with waves and network connections and text below it that reads: "Jio has also developed a comprehensive 100% homegrown 5G Solution for India" Visual: A graphic displaying "1 GBPS milestone" on a Jio 5G network, with speed indicators and text underneath it that reads: "Our 5G Platform has already crossed the 1 Gbps milestone on Jio 5G network & devices" Visual: Dynamic visuals of a digitalized India, showing people connecting, interacting, and socialising through technology. Text at the bottom reads: "Jio is rapidly transforming India into a Digital Society" Visual: Young individuals with a wide smile on their faces, seemingly empowered by technology, pursuing their dreams. Text at the bottom reads: "Giving Young India all that it needs to fulfill its Entrepreneurial Dreams" Visual: Jio logo at the centre surrounded by illustrated portraits of people connected by lines and moving in circular motion. Text: "Helping a Billion Dreams become a reality." Visual: The Reliance Industries Limited logo and "Growth is Life." The Reliance logo transitions into an illustrated decorative circular pattern and fades out. Text: "Our digital properties are used by more than 200 million people" Visual: Infographic showing "40% of internet users in India" on Reliance websites/apps. Text: "40% of internet users in India are on our websites or apps" Text: "1 in every 2 Indians tunes in to Network18 television network, reaching >95% of TV homes in India, annually" Text: "Jio standalone 5G technology" Text: "100% home-grown and comprehensive 5G solution" Text: "Fully cloud native, software defined and digitally managed" Text: "JioFiber connects 18 million+ homes" Text appears: "JioBusiness, a bundled enterprise offering of software, devices and connectivity to accelerate digital transformation of small and medium enterprises" Text: "JioGenNext, the startup incubator." Infographic: "20,000+ applications from startups and aspiring entrepreneurs" Infographic: "$830+ million collective funding raised by alumni" Infographic: "200+ start-ups engaged" Text: "2020 Jio announced a host of global collaborations and tech partnerships with Facebook, Google, Intel, Microsoft and Qualcomm." with partner names highlighted in yellow. Text: "2021 JioPhone Next in partnership with Google was revealed, to bring the digital life to millions of Indians in their preferred language" Text: "Working closely with WhatsApp to connect millions of small merchants and local grocery stores on the same platform" with WhatsApp highlighted in yellow. Text: "2022 Jio announces the launch of Jio True 5G the world's most advanced 5G service" The Reliance logo fades in from the bottom right to the centre surrounded by circular rings of smaller paisley shapes.

													

															
No transcript available.
													

															Background music plays through the video.
Reliance Industries Limited logo appears with “Growth is Life” tagline.
The video starts with a green-colored map of the world, with India highlighted and a paisley pattern, against a blue and green background. Text: “Creating a Greener Future for India and the World.”
Two hands with intricate patterns holding up the earth. Text: “At Reliance, We Care for our people and our country.”
A woman in traditional Indian attire is shown riding a blue paper plane in the sky. Text: “We do our best to fulfill their needs, their dreams and their ambitions.”
A large colorful star transitions to the company's logo. Text: “We believe in the mantra that ‘if it’s good for India, it’s good for us’.”
A smiling woman stands in her shop, a family shaking hands while shopping, people working in an office, and a group of children posing for the camera. Text: “That’s why, everything we do, we do it to transform the lives of over a billion Indians.”
A dark green canvas and the leaves emerge and spread across the screen to form a pattern of leafy vines or branches. Text: Besides the well-being of India and its people, we care about the health and the future of our beautiful & bountiful planet too
Two men in front of a factory. Text: “Pollution is the biggest threat to our planet and our future.”
A man against a light-colored background with drawings of hands holding the earth. Text: “We need to work with nature and not against it.”
A woman stands against a light-colored background with illustrations of green energy sources rotating in a circular motion. “The world needs to adopt practices that are clean, green and sustainable.”
A man and a woman smiling against a background of raised fists. “The time to act is NOW.”
A stylized, colorful illustration of a peacock with intricate patterns on a light green background. Text: “Over the years, we have taken several green steps.”
A wide aerial view of a modern Reliance facility surrounded by lush greenery and well-maintained roads. Text: “Employing practices that are environment-friendly.”
A vast green landscape, highlighting a green belt at the Jamnagar Complex. “At our Jamnagar Complex, the world's Largest Integrated Single-site Refinery Complex we have created a Green Belt just as large.”
A shot of a dry, arid, rocky ground transitions to rows of lush trees. Text: “Using recycled water, we have turned the arid land around it into a fertile ground
A lush mango orchard and a teak plantation. Text: “It nurtures Asia’s largest mango orchard, a variety of other fruits and a large teak plantation.”
A factory setting is shown with workers in safety gear handling large bundles of compressed plastic bottles, plastic bottles moving on a conveyor belt, and being recycled. Text: “Every year, we recycle over 2 Billion PET bottles to create the world’s greenest fibre and fabric.”
Colorful spools of thread and fabric are presented, followed by a woman wearing a pink sari. Text: Recron GreenGold and R-Elan EcoGold, Loved by many leading fashion designers & brands.”
Plastic bottles moving on a conveyor belt, and being recycled. Text: “We are increasing our recycling capacity to over 5 Billion PET bottles.”
The logo for "RelWood" appears over a close-up of a wood-like material with a repeating pattern, followed by an aerial view of a dense forest. Text: “We’ve created a sustainable and eco-friendly wood substitute - RelWood by Reliance saves thousands of trees every year.”
Workers are seen paving a road with a steamroller. Some workers are spraying a substance on the newly laid road, and a close-up view of a road roller machine. Text: “We have even built top-quality roads at our facilities using end-of-life plastics.” Transitions to: “In fact, we have created a product perfect for the construction of roads.”
A person holds a handful of colorful plastic pieces, which are then poured into a machine, and a road roller on a paved road. Text: “ReRoute - a mixture made with optimised Plastic Waste will lead the way in turning waste into wealth for India.”
Text on a blue background with illustrations around it, that reads: “With our thoughtful energy efficiency and conservation efforts, we have saved coal-equivalent energy of over a million tonnes and recycled 700 million cubic metres of water over the last decade.”
A collage showing people engaged in work discussions and people engaged in conversations, Text: “In this Golden Decade of our journey.”
The surface of water with gentle ripples and a close-up view of green fibers or strands (algae or microorganisms), a series of shallow tanks filled with water—an algae cultivation or biofuel production system. Text: “Reliance plans to transition from fossil fuel to clean energy at all manufacturing facilities and transportation channels.”
industrial equipment, including tall cylindrical tanks and pipes, part of a chemical processing facility and a person pouring liquid from a bottle into a measuring beaker. Text: “We are already working with the best minds in the world to maximize our crude to chemicals conversion.”
A sign for the "RIL Bio Fuels R&D Site" with a road and greenery in the background and an industrial plant. Text: “Innovating ways to capture and convert CO2 emissions into proteins, nutraceuticals, advanced materials and fuels.”
M. Ambani speaking at a podium with the "Jio" logo, during the 43rd Annual General Meeting. The large screen behind him displays the message "NET CARBON-ZERO BY 2035." The scene shifts to a lab with flasks and beakers and a scientist working on a computer. Text: “With the aim to become Net Carbon-Zero by 2035.”
A field of solar panels at sunset. Text: “In our commitment to Green Energy, we are building 5 Giga Factories.”
An animated landscape with houses, solar panels, and windmills is shown. Text: “To manufacture Solar Panels, Advanced Energy Storage Batteries, Electrolysers, Fuel Cells, and Power Electronics.” Text transitions to: “With plans to create and enable 100GW of Solar Energy by 2030.”
The logos of Reliance bp Mobility Limited and Reliance transition to an illustration of a decorated electric car on a green background. The car is then connected to a charging station. A split-screen shows a person using an app to find a charging station, a hand swapping a battery, and another person carrying the swapped battery. Text: “Reliance bp Mobility Limited, our joint venture with bp, is creating a network of Electric Vehicle Charging and Battery Swapping Stations.”
A green background with various icons such as solar panels, wind turbines, and recycling symbols rotating in circular motion. Text: “Partnering with India’s young innovators and entrepreneurs, we are creating and promoting models of Circular Economy that industries can follow.”
An illustration of industrial smokestacks with colorful, swirling patterns emerging from them and an illustration of a wind turbine with colorful, swirling patterns as its blades. Text: “To help India and the world transform from an Industrial Civilisation to an Ecological Civilisation.”
Animated, paisley-like patterns spin on a green background. Text: “At Reliance, we are partnering with India in building a clean and green world for each one of us.”
An illustration of two hands reaching upwards, with the Reliance logo in the centre. Text: “Because ‘We Care’ for our future together.”
Reliance Industries Limited logo appears with “Growth is Life” tagline.
A green background with decorative patterns on the corners. Text: “Investing ₹75,000 crore (\$10 billion) to expand capacities in the O2C business.”
Text transitions to: “Joint venture with bp to develop differentiated fuels, clean mobility solutions, and advanced low carbon energy businesses.”
Text transitions again to: “Green, eco-friendly, affordable Polyester
-	1 in every 3 pillows in India made with Reliance Polyester
-	Recron® Fibrefill EcoGold - the world’s first biodegradable polyester
-	Every year prevents 2 billion PET bottles from reaching landfills, by recycling them to produce Recron® Polyester fibres
A blue background with decorative patterns on the corners. The text reads, “Almost every car manufactured in India has Reliance Polymers in it.”
Text transitions: “1 in every 2 Indian automobiles runs on tyres made from Reliance synthetic rubbers.”
Text transitions: “Since inception, Reliance Petrochemicals has grown 3,800 times to around total annual production of 38 MMTPA.”
Text transitions: Reliance RelWood™ provides a sustainable and eco-friendly wood substitute
A red background with decorative patterns on the corner. Text: “Launch of Green Energy Business in 2021” and “Dhirubhai Ambani Green Energy Giga Complex on 5000 acres in Jamnagar”
Text transitions: “Integrated Solar Photovoltaic Module Factory”
Text transitions: “Advanced Energy Storage Battery Giga Factory”
Text transitions: “Electrolyser Factory”
Text transitions: “Fuel Cell Factory”
Text transitions: “Power Electronics”
A blue background with decorative patterns on the corner. Text: “To be among the largest such integrated renewable energy facilities in the world”
Text transitions: “Investment of ₹75,000 crores ($10 billion) in the new energy business”
The video concludes with a white background and the animated paisley patterns circling the Reliance logo again

													

															
No transcript available.
													

															
Music. Vslide: Slide 1:Mukesh Ambani standing at the podium, warmly welcoming shareholders and stakeholders as he formally opens the meeting. The background slide reflects Reliance’s legacy, values, and vision, setting the tone for the AGM with a message of gratitude, confidence, and commitment to creating long-term value for India and all stakeholders. [Mukesh Ambani]: Dear share owners, ladies and gentlemen, good morning, its 11 o'clock and time to start the meeting. We have changed the format today because today we will write history for India. I welcome all of you to the 39th annual general meeting. of the company, the Requisite quorum is present and therefore, I call the meeting to order with your permission. The register of directors and the key managerial personnel and their shareholding and register of contracts or arrangements in which directors are interested are available here and will remain accessible to the members for inspection. If they are so desired. Authorizations and proxies have been lodged with the company for 159. 94 crores shares representing 52. 18% of the company's voting capital. I wish to introduce for the benefit of the new members of our company, my colleagues, on the board of the company. So, from my right, a most respected Srimal Bhakta, Dr. Masheilkar, Nikhil Misswani, Shri R. S. Gujarat, [ Shri P.M.S Prasad, Nita Ambani, Shri Y. P. Trivedi, or from my left. Dr. Devi Kapoor, Nikhil Misswani, Professor Ashok Mishra [Applause][Visual] and Shri kapil, who will join us in a few minutes. Due to preoccupation, both Professor Deepak Jang and others are not able to attend this meeting. Ladies and gentlemen, notice dated July 15, 2016, convening this annual general meeting, along with the copy of the annual report for the financial year, ended March 31, 2016, has already been circulated to the members of the company. With your permission, I shall take them as read. Thank you. The auditor's report on the standalone and the consolidated financial statements, and the secretarial audit report of the company for the year ended 31 March 2016. Do not contain any qualification, reservation, adverse remark or disclaimers. Accordingly, the reports are not being read out before the meeting as provided in the company's act, 2013. [Sound] Before I start my speech I want to share with all the shareholders that it is indeed a very proud moment. For all of us, that government of India has conferred the Padma-Vibushan award on our founder, Chairman Sri Dhirubhai Ambani. Let me now address you. For all of us at reliance, starting with our founder, Sri Dhirubhai Ambani, shareholders and the reliance AGM has always had a special place in our heart. And this meeting is secret. So, it is only apt that as we launch our biggest investment in the history of reliance, we do it in front of our shareholders who have made reliance what it is today. Thank you for your unflinching trust and unconditional support always. [Applause] So, my dear shareholders, a very good one, a very warm good morning to each and every one of you. It gives me great pleasure to welcome you to the annual general meeting of reliance industries limited. The company's accounts for the year ended March 31, 2016, along with the directors and the auditors report, a letter to the shareholders and the management discussion and analysis have already been circulated to you. With your permission, I would like to take them as well. Dear shareholders, this morning I start with the newest and the youngest member of the reliance family, Jio. Vslide: slide2:Mukesh Ambani standing at the podium, introducing Jio Digital Life, while the background slide showcases Jio’s digital ecosystem. The visuals highlight high-speed connectivity, AI-powered services, digital platforms, and everyday digital experiences, reflecting how Jio is transforming lives, empowering businesses, and accelerating India’s journey toward a digitally inclusive future. [Mukesh Ambani]: Let me begin my words with dedication. In the journey of time, they come with a few life-changing movements. Our Prime Minister, Sri Narendra Modi's inspiring vision of a digital India is one such movement. Jio is dedicated to realizing a Prime Minister's vision for 1.2 billion Indians. Jio will give the power of data to each Indian to fulfill every dream and to collectively take India to global digital leadership. With these words, I want to dedicate the commencement of Jio to the digital India vision of our Prime Minister to my fellow 1.2 billion Indians and India. [Applause] A steamed share of owners, why did we call it our venture Jio? Why is our motto Jio digital life? Permit me to articulate the philosophy that has given birth to Jio. The world is at the beginning of a digital revolution. Anything and everything that can go digital is going digital. At an exponential rate, faster than what you and I can imagine. Whether it is manufacturing, commerce, health care, education, entertainment, life is going digital. Through the ages, information and knowledge have driven humanity's progress. When you put the power of data connectivity, computing, software and information together, the price performance of everything changes drastically. Everything gets disrupted. I believe in the next 20 years, as a human civilization, we will collectively achieve more than what has been achieved in the last 300 years. We are at the beginning of a new era of humanity. In this era, if you are not digital and if you don't have globally competitive digital tools and skills, you simply will not survive. You will get disrupted. You will be out competed. You will be left behind. You will become irrelevant. India and Indians cannot afford to be left behind. Today, India is ranked 155th in the world for mobile broadband internet access out of 230 countries. Jio is conceived to change this. I have no doubt that with the launch of Jio, India's rank will go up to among the top 10 in the world. [Applause] 1.2 billion Indians cannot be left behind as the world enters a new era. We have the youngest population in the world. Give them affordable digital tools. Give them the skills. Give them the environment. They will surprise us. It is this opportunity to transform India and transform the lives of 1.2 billion Indians that motivated reliance to invest in this space. And Jio is the result. We have called it Jio because Jio means to live. There is nothing more precious in this world than life. I believe it is the fundamental right of every Indian to live a life of freedom, a life of fulfillment and to realize their fullest potential. Digital technologies open the doors to this life, the digital life. However, life cannot survive without oxygen. Data is the oxygen of digital life and oxygen must never be in short supply. First, the supply of oxygen for digital life must never be unaffordable for any user. Doing so shows disrespect for life. Jio respects life, which is why reliance created Jio. Jio is more than just a business for us. Jio is a solemn commitment to enrich the life of every Indian. Jio means to live and to be alive to every opportunity and realize the potential of every Indian. [Applause] Dear shareholders, the world's demand for digital oxygen, that is data, is growing explosively. Jio's mission is to meet this exploding need for India and to take our nation from a data shortage to data abundance and to enable digital life for a digital India. A digital India where the digital life of no Indian is ever threatened by scarcity, poor quality or unaffordability of data. Where access to information knows no barriers. Where quality education reaches the most inaccessible corners of the country driven by digital learning. Where quality health care percolates right up to the remotest regions powered by health care. Where farmers are empowered with real-time information to be connected with global markets. Where mobile and e-mook banking ensures financial inclusion. Where connected Indians drive innovation and the world looks to India for the next big idea. This is our prime minister, Sri Narendra Modi's vision for digital India. And Jio's mission is to realize this digital India vision to ensure that Indians have the highest quality and quantity of data connectivity at the most affordable prices. Ladies and gentlemen Vslide: slide3:Mukesh Ambani standing at the podium, and slide highlights about “Jio Ecosystem” [Mukesh Ambani]: Jio is an entire ecosystem that will allow Indians to live digital life to the fullest. The Jio ecosystem stands tall on five fundamental pillars. First, the best quality broadband network with the highest capacity. Second, a world of affordable 4G smartphones and wireless IP devices. Third, compelling applications and content. Fourth, superior digital service experiences. And fifth, affordable and simple tariffs. Vslide: slide4:Mukesh Ambani standing at the podium, and slide highlights about “Jio Network” [Mukesh Ambani]Let me start with the first pillar, the network. All communications on the internet is done using a digital language called the internet protocol or IP for short. All smartphones, all computers, all the servers that sit in the back end. In fact, each and every participant on the internet speaks IP. In the ensuing future, even household items like televisions, refrigerators, air conditioners, washing machines and even light bulbs will dock IP. Industrial equipment, instrumentation systems and control systems speak IP. Public infrastructure like traffic lights and safety cameras also will speak IP. Most legacy telecom providers have not built their networks for data or the internet. They have built their networks to support voice and essence. As the internet revolution caught on, they have had to retrofit the legacy network to deal with data and IP as an afterthought. Imagine using a translator to speak a language that you don't understand versus speaking your mother tongue. The more you have to speak, the more cumbersome the translation process becomes. Translation is slow. It is inefficient. It is unnatural. As legacy telcos are confronted with the explosion of data usage, they have been trying to push this unnatural act to its breaking point. Jio, on the other hand, has created an all IP network. This means there is only one language spoken on the Jio network, the language of the internet. With the launch of Jio, India's digital mother tongue will be IP. Jio's IP. With this single digital mother tongue, we will connect all of India into a single family and a single United Nation. The all IP design also makes Jio's network the most extensive and future proof network in the world. It is a network. [Applause] It is a network built for ever increasing volumes of data and the best that the internet has to offer. Jio is a data strong network built for the internet from the ground up. Today, Jio's network already covers 18,000 cities and towns and over two lakh villages. By March 2017, we will cover 90% of India's population. [Applause] Jio is the first mobile network in the country that is only 4G LTE. This means that there is only 4G on the Jio network and not mostly 2G, sometimes 3G and once in a while 4G. [Applause] In fact, it is the largest 4G LTE network in the world today. [Applause] We have also deployed the largest 100% voice over LTE network. Volte provides crystal clear voice and video quality, instant call connectivity, the least call drops and a unique ability to use voice and data simultaneously on the phone. So, when you are talking to somebody and you want to check your email, you can do both of that on the same screen. Today, [Applause] today we know that the networks are moving to high definition video. Jio is the only network conceived and born as a mobile video network from the ground up. As we progress, the internet could offer even more compelling content than video, like virtual reality and augmented reality. Jio has the necessary foundation to be a leader in these areas as well. It is future ready and it can easily be upgraded to support even more data as technologies advance to 5G, 6G and beyond. Because of this, we will be able to provide an abundance of high quality, high speed data and transform India from a high price data market to one with the lowest data rates anywhere in the world. [Applause] Vslide: slide:Mukesh Ambani standing at the podium, and slide highlights about “DEVICES” [Mukesh Ambani] Now, let us look at the second pillar of Jio's digital life devices. As a result,the proactive work done by Jio and Reliance digital teams with all leading device manufacturers, more than 70% of all smartphones sold in the country today are 4G LG. The time is near when nearly every smartphone sold in India will support 4G LG. As I had predicted during the last AGM, there are 4G LG smartphones available in India today at 4000 rupees. But I believe this is not enough. So today, Reliance digital is introducing a line of super affordable 4G LG smartphones under our popular live brand. [Applause] Starting at 2000, [Applause] the smartphones starting at 2999. More feature-rich models are available for progressively higher price points, like 3,999, 4,999, and 5,999. And for those users who still want to hold on to their 2G and 3G phones, we are introducing a 4G LG personal router called Jio5 for only 1,999. [Applause]With this, Jio and Reliance digital have ensured that enterprise for using the Jio network is affordable for all Indians. Let us now look at the third digital life pillar, Jio's application and content. Vslide: slide6:Mukesh Ambani standing at the podium, and slide highlights about “Jio Application” [Mukesh Ambani]: Jio offers a suite of applications that brings you the very best across categories of media, entertainment, money, and essential utilities With Jio TV, any time is prime time. You can watch more than 300 live TV channels with access to all of last week's programs at any point in time. So if you are late, [Applause] and you missed your favorite serial, you can, at 11 o'clock in the night, watch the program at 8:30 just by moving your screen. Jio Cinema brings the Cinema Theater at your fingertips. Watch HD movies from a library of over 6,000 movies, more than 60,000 music videos, and over one lakh episodes of television in all 10 languages. The Jio Music app makes Ultra HD music a reality with a library of 10 million songs in over 10 languages. Jio Magazines and Jio newspapers give access to thousands of latest magazines and your daily newspaper digitally. Jio Money is your personal wallet that allows you to go cashless. I believe that these apps will really showcase the capability of Jio's powerful network and create a magical experience of Jio Digital Life for customers. With this in mind, I am today pleased to announce that the Jio Apps book which is worth Rs 15,000 for an annual subscription will be available complimentary completely free for all active Jio customers all the way right up to the end of next year. That is up to December 31st,[Applause] 2017. [Applause] Now the fourth pillar, the Jio Service Experience. Vslide: slide 7:Mukesh Ambani standing at the podium, and slide highlights about “Jio Service experience” [Mukesh Ambani]: For the past few months, we have been offering Jio Services to some sections of users on a preview basis and we have received an unprecedented response. Initially, we deployed a paper-based process to onboard a few lakhs of these applicants. We have experienced firsthand how inefficient such a manual process can be. Many of our customers had to wait for multiple hours and some even overnight to get their service activated. This is not acceptable to us. We have redesigned the Jio Signup Experience and made it 100% digital using an Aadhaar-based EKYC process. We are rolling this out starting with Mumbai and Delhi today. [Applause]And over the next four to six weeks across India. With this digital process, we will have a capacity to acquire a million customers a day. I request all Jio Users to kindly bear with us for any inconvenience until we fully implement this process. We want to make the onboarding experience for Jio Users as simple and delightful as possible. And with EKYC in a few weeks, any Jio customer carrying an Aadhar card will be able to walk out of a Jio Store with a working connection in only 15 minutes. [Applause] For our customers' journey, post signup, we have created an app called My Jio. My Jio is your digital companion for every stage of your digital life. It is one place from where you can conveniently initiate the signup process. Get ongoing access to your accounts, check your balance and bills, make payments, chat with the customer service agent, and even find and launch all the Jio applications from one convenient location on your smartphone. We want to transform the entire service experience for all our customers and make it fully digital. So finally, to the last and the most awaited pillar, the Jio tariffs. Vslide: slide 8:Mukesh Ambani standing at the podium, and slide highlights about “Jio Traffis” [Mukesh Ambani]: Jio's pricing principles are about solving customer pain points. We have always put the customer first. And if this means changing the industry, then we are prepared to do so. Let me walk you through three simple principles on which Jio tariffs are built. The first principle, customer should pay for only one service, either voice or data, not both. World over, operators charge only for data while voice and messaging are essentially free. So ladies and gentlemen, today I have great pleasure in announcing a revolutionary concept for the Indian market. All voice calls for Jio customers will be absolutely free.[Applause]The era of pain for voice calls is ending. Jio will assure India into this new era. No Jio customer will ever pay for voice calls again across India to any network. And in the spirit [Applause] and the spirit of one India, roaming charges will also be zero across India. [Applause] Jio will put an end to voice call charges in India for all voice calls that are domestic. [Applause] Our second principle is that data must be affordable. Jio's advanced technologies and scale allow us to provide cutting-edge services at a fraction of its traditional cost. And I believe that Jio customers should be the first to benefit from this. The advantage of technology should be passed on to all customers. [Applause] The current market practice is to charge for data a base rate of between 4,000 and 10,000 rupees a gigabit. Jio will have a base rate, which is one-tenth of this. [Applause]Our data plans go even further with an effective rate of data of only 5 by say per MB of 50 rupees a gigabit. [Applause] And the more data you use, the lower the rate. [Applause] I believe that these are the absolute lowest data rates anywhere in the world. [Applause]So, ladies and gentlemen, Jio makes India the highest quality lowest price data market in the world. [Applause]Our third principle is that pricing structure should be simple for every Indian to understand. Today, there are more than 22,000 telecom tariffs across the country. Jio's pricing structure has only 10 main plans. These plans are created to ensure that every user can easily find a plan that fits their budget and their data needs. Friends, Jio transforms India from an affordable voice and very high price data market to a zero voice and the lowest price data markets in the world. [Applause]Today, for all our customers, we will also remove the following pain points. No more blackout days. When you need to message on Diwali or New Year, operators charge you double the rate on Jio, there is no more blackout. [Applause] No more non-transparent difficult to understand bills. On Jio, after every transaction, you will see a bill real time. You don't have to wait up to the end of the month. [Applause] So now, let us take Vslide: slide 9:Mukesh Ambani standing at the podium, and slide highlights about “Jio’s launch tariffic" [Mukesh Ambani]: a look at Jio's launch tariffs. Here they are. Let me point out some key aspects. We are price points starting from rupees 19 per day for the occasional data users. Two, a monthly rupees 149 plan for the light data user. And all the way up to a monthly rupees 4999 plan for the heaviest data user. So Jio provides, and as data is the digital oxygen, it should be available to all Indians. So we provide this all the way from 150 rupees a month to 5000 rupees a month. [Applause] You can see the simple lineup of 10 main plans. In each of these plans, we have provided the lowest LTE data rates in the world. And what is even more important is that there are no streams attached. No separate upfront commitment. No basis in terms of if you give me 1000 rupees upfront, then you get this rate. We have no streams attached. No upfront commitments are required to get the rates that are there. Data packs available in the market have an effective rate today of 250 rupees a GB. With Jio, you pay 5 to 10 times. So we are bringing this 250 per GB, and you can optimize to 50 rupees a GB. And if you use more data, then you can go all the way down to 25 rupees a GB. [Applause] And how do we do this? So the highlight is unlimited night time LTE data. This is designed to pass on the idle network capacity at night to all our customers. We are also designing Jio applications in such a way that our customers can program their downloads to happen during the night. So when you are sleeping, the network is working for you to reduce your data cost. [Applause][Visual] Jio is rolling out Wi-Fi hotspots across India. By the middle of next year, we will deploy nearly 1 million Wi-Fi spots. So in your plan, we have added additional Wi-Fi data in our plans. This means that our users have another way to use broadband data in colleges, schools and other public places to reduce their overall data costs. [Applause] Of course, all these plans have unlimited free voice calls and messages forever. Jio will never charge for voice. [Applause] For international calling, Jio plans to give you the best ever international calling rates. And each of these plans come with an unlimited subscription to every Jio app. So as you can see, Jio tariffs are explicitly designed to give you the full freedom and flexibility to use as much data as you want. In fact, it removes the fear of high data charges. Now, Indians will no longer have to turn off data on their phones. They can use maximum data. [Applause] Dear share holders, but that's not all. Reliance has always maintained that our youth are the nation's future. And the students of today are the knowledge workers of tomorrow. And in their success lies India's ability to fulfill its digital destiny. Students more than anyone else need access to data and digital services to hone their competitive edge and to compete in the connected global marketplace. We at Jio want to extend a special consideration to students of our country. Today we are unveiling a special student discount offer. Any student with a valid student ID card will be able to get 25% more data on Jio's main tariffs. [Applause] In addition, Jio is in the process of connecting the majority of India's schools and colleges with Wi-Fi to provide broadband wireless access to students in their classrooms. [Applause] Jio has also kept in mind two other segments that are traditionally heavy users of data. Enterprises that is all businesses and platinum customers. Enterprises both large and small are the engines of our economy. The power of a data strong Jio network can transform these enterprises to digital businesses. All enterprises have to be digital to compete in this new world. Jio will partner with all segments of enterprise and offer them competitive and unique customized solutions. For our platinum customers, Jio is working to raise the bar when it comes to digital life experiences. Jio is partnering with a number of premium technology brands to create a set of unique solutions that combine these partner products with the power of Jio's network and digital services. Further, we have high-end tariff plans that are specially seated for these global citizens with features like best international roaming rings and access to the most exclusive international content. We even ensure that they have the best indoor coverage. On top of all this, we will also provide a platinum customer with a series of specialized white glove services such as concierge services and video call centers. We will announce the specifics in the coming months. So friends, Vslide: slide 10:Mukesh Ambani standing at the podium, and slide highlights about “ jio’s powerful offerings” [Mukesh Ambani]:Let us now take a moment to review the powerful offerings that Jio has unveiled today. First, India's only all IP data is made for video 100% 4G LTE future ready network. Second, true 4G LTE smartphones starting from 2009, and Jio 5 only at 1,999 that enables all Indians to migrate to Jio's data strong network. Third, Jio's app subscription worth rupees 15,000 complimentary until 31 December 2017. Fourth, instant EKYC digital activations and a powerful My Jio for all your service needs. Fifth, free domestic voice calling. Sixth, the simplest and most attractive tariff plan in the market with the lowest data rates anywhere in the world. Seventh, all complex telecom charges like Blackout days eliminated. Eight, special offer for students with 25% more data. Nine, Jio services for enterprises to transform them to digital businesses and ten white glove exclusive services and features for our platinum customers. But, [Applause] but ladies and gentlemen, there is one more thing we are announcing today. That's starting coming Monday, the fifth of September 2016, Jio's data voice video and the full bouquet of Jio's application and content will be available for everyone. Absolutely free until [Applause]31 December 2016. [Applause]We are calling this the Jio welcome offer. This is perhaps the largest introductory offer anywhere in the world. Again, I want to assure you that this welcome offer will enable all to try Jio digital life, absolutely free to their hearts content up to 31 December 2016. [Applause][Visual] So, why are we doing this? With the Jio welcome offer, firstly, every Indian gets to enjoy Jio digital life. We Indians have come to appreciate and applaud Gandhi Giri. Now, every Indian can do data giri, which is an opportunity. [Applause] This data giri is an opportunity for every Indian to do unlimited good things with unlimited data. Secondly, every user gets to experience and get comfortable with Jio's digital service, especially billing and payments. Thirdly, Jio users can experiment with Jio digital life and personalize Jio's offering in a manner that best fix their usage. We are surprised at the way villages have adapted the internet and giving them a few months to learn the internet we think is a very noble purpose. Fourth, Jio gets to test and stabilize Jio's interconnect with other operators and to ensure superior voice quality for college to other networks. Finally and most importantly, Jio and Jio customers get to co-create and build the best network experience together. We will use the free welcome offer period to get valuable feedback from our customers and to iron out the defects that we jointly discover. So, my dear share holders, in addition to the historic announcements that we have made today, Jio has a number of other path-breaking initiatives that are in the pipeline. Let me mention just a few. First, starting in select cities, Jio is rolling out a fiber to the home-buyer line network. This initiative will push the power of data even further and will offer data speeds up to one gigabit per second to the home. [Applause] We will progressively extend this to the top 100 cities. At the same time, Jio is also extending this fiber network to enterprise locations. We intend to provide multi-gigabit enterprise-grade by-line data connections that are on par with those in the developed world for all our enterprise customers. Jio is also partnering with some of the leading and iconic digital and internet players in the world. Together with them, Jio will showcase the full power and range of their offerings to all our Indian customers. Vslide: slide 11:Mukesh Ambani standing at the podium, and slide highlights about “ jio - The future” [Mukesh Ambani]:We have also plans to partner with thousands of Indian entrepreneurs whose digital ventures can bloom in the ground that Jio is preparing. For this purpose, we have created a Jio Digital India startup fund and are also working to create digital entrepreneurship hubs in key cities and towns in India. Our aim is to build a platform for young Indians who want to create digital businesses of the future. The Jio Digital India startup fund has set aside, rupees 5,000 crores of venture capital to be invested over the next five years to encourage young entrepreneurs to build their businesses, ground up in India. [Applause] In terms of digital solutions, an exciting new area is e-commerce where Jio is working closely with reliance retail. In the coming months, we also plan to introduce apps around education, health, rural livelihood, agriculture and many more categories because we truly believe it is time for digital life to reach the remotest corners of India. I will regularly apologize of the progress that we make. Dear friends, I stand before you as a very proud leader and mentor of over 60,000 Jio employees across India. [Applause] The average age at Jio is 30 years. [Applause] Jio is a creation of the young, by the young, for the young. [Applause] Akash and Isha, both 24 are [Applause] directors at Jio have been hands-on leaders. [Applause] They represent the large contingent of the less than 30-year-olds at Jio. I want to tell all our young people at Jio, Jio is what it is because of your passion, your ownership and an attitude of can do. You have proved that given an opportunity, Indian youth can achieve the impossible and be better than anyone in the world. [Applause] I want to appreciate and thank each and everyone of the Jio employees for their contribution to bringing Jio to life. [Applause] All of you have made Jio what it is today. Born for the internet and born as a customer obsessed organization. You are the founders of a revolutionary moment that puts the power of digital life in the hands of 1.2 billion Indian citizens. [Applause] I have always set impossible goals for the Jio team and they have exceeded my expectations also always. [Applause] Today, I set a target for Team Jio to acquire 100 million customers on the Jio network in the shortest possible time and create a new world record. [Applause] I expect this to translate to a data usage of 250 crore GBs a month and I am counting on the Jio network team to ensure that Jio's all IP only LTE network delivers flawlessly with the highest quality data in the world for each and every of our customers. [Applause] Jio is also proud of all the channel partners it has created with reliance digital. Across India we have over five lack partners and we consider them part of our Jio family. In this digital age, we are committed to their continued prosperity by introducing new win-win opportunities. Together with all our partners, the Jio family is nearly 50 lakhs strong across India. This is the employment that Jio has created. [Applause] Dear share holders, at this time I also want to direct my words to another important constituency existing Indian telecom operators. Vslide: slide 12:Mukesh Ambani standing at the podium, and slide highlights about “ Fair play - Healthy Competition” [Mukesh Ambani]: Healthy competition is the lifeblood of a vibrant economy. It is the engine that drives innovation and customer value. No doubt all of us operators will compete vigorously in the marketplace. And I am sure that while doing so we will inspire each other to rise to even greater heights in our quest to serve the Indian customer. However, incumbent operators have significant advantages over new entrants since incumbents have very established networks and existing customers. New entrants require fair access to both. Therefore, the owners is rightly on the incumbent operators not to misuse their market power by creating unfair hurdles when it comes to providing point of interconnect between their network and Jio's network. Such hurdles will serve only to create a poor experience for Jio customers who are trying to make calls to the incumbent operator's network. In fact, in the last week alone, Jio customers suffer over five crore call failures to other networks because of insufficient interconnect capacity. This gives our customers the impression that voice is not working, but I want to assure all customers on the Jio network that we have the highest quality, best voice network. And once the incumbents give us interconnect, you will experience voice like never before. [Applause] Telecom operators have a legal obligation as a part of their license conditions to provide points of interconnect to their other operators. Likewise, they also have an obligation not to limit the customer's right to migrate to Jio using mobile number portability. I appeal sincerely to all my fellow operators to fulfill their obligation of providing interconnect without any delay so that no Jio customer suffers. [Applause] Vslide: slide 13:Mukesh Ambani standing at the podium, and slide highlights about “ jio brand value” [Mukesh Ambani]:Friends. Now I want to spend a few minutes talking about what Jio truly means for all of us. Firstly, as I mentioned before, Jio is about affordable high quality and abundant data enabling digital life for a digital India. Secondly, Jio is about connected intelligence. There are two kinds of intelligence in the world, machine intelligence and human imagination. Now combine the power of six billion brains with all the computers in the world and that is what connected intelligence means. Imagine the power that we will be putting in the hands of common Indians if we can give them a smartphone in their hands and use and always available broadband connection to link them to the power of the internet. Third, Jio is about doing things in a smart, simple and secure way. And finally, Jio is also about bringing people together. It's about inspiring people to join a movement. Jio is not about reliance but it is about you, your family, your friends, your community and all Indians together in a movement to embrace and win in this digital world. So, friends, when it comes to India, I am an eternal optimist. I have no doubt that Jio and Jio-enabled Indians will create a whole new digital economy and we will witness a period of unprecedented growth, empowerment, employment and prosperity for our nation. To put it simply, everything that Jio believes and everything that Jio does is driven by the vision of this future. A future where every Indian can say without hesitation that with Jio, life is digital and life is beautiful. [Applause] so Finally, my dear shareholders, with great humility and the greatest of love, I present Jio Digital Life to the nation and invite each and every one of you to sign up and experience the Jio services first time. And to all my fellow Indians, I have a promise and an appeal. From the 5th of September, India will change forever. [Applause] I invite you to come and participate in this change. Let us be this change together and Jio together. [Applause] Vslide: slide 14: Mukesh Ambani standing at the podium, with the background slide displaying the Reliance Industries Limited logo, a rising growth line, and the title “39th Annual General Meeting.” The visuals feature images of engineers and teams at work, symbolizing innovation and execution excellence, while the slides continuously transition to showcase key business updates across Reliance’s diverse operations, reflecting progress, scale, and sustained growth. [Mukesh Ambani]: So, my dear shareholders, with this historic announcement of Jio, let me now turn to a traditional format and give you a strategic perspective. We are meeting at a momentous time in our company's history. Five years ago, we put immense faith in India and undertook the largest capital expenditure program by any company in India's history. We demonstrated our faith by investing over 250,000 crores only in India in the last five years. India today is the fastest growing economy in the world and our judgment five years ago has proved right. We have invested more in the last five years than in the first 35 years of the company. We are investing in excess of 110,000 crores in our petrochemicals and refining business for growth. It improves our cost position, strengthens integration and adds new products to our portfolio. We are also de-risking this business model by transitioning from a cyclical commodity type earnings profile to an energy-like strong cash flow generating portfolio. In the past two years, our earnings have grown while oil prices have dropped from $100 to $40 a barrel demonstrating the success of our new business model. In addition, with Jio, we are bringing to all Indians the most disruptive technology of this century, the mobile internet. I firmly believe that this is once in a generation opportunity that we have seized not only to transform lives of millions of individuals and small businesses, but also to create unprecedented value for all our stakeholders. We are also going to build on the foundation of our successful retail businesses by initiatives that offer multiple channels and an unparalleled breadth of products and services. A petroleum retail business is now a part of our overall retail business. A consumer business has media and entertainment, the Jio digital services and our omnichannel retail. We are creating a very consumer-centric business founded on technology, logistics and customer satisfaction as its defining principles. There are very few other parallels of creating such a business anywhere in the world. As we fully execute this strategy, we will have among the most diversified growth-oriented businesses globally, we will be a proxy for the new India that is transitioning to become an economic superpower. And with these investments, I state with pride that we are the largest contributors to both the visionary, make in India and digital India movements of our Prime Minister Shri Narendra Modi. Dear share holders, I am delighted to report yet another year of record-breaking performance by your company. The net profit for the year stood at Rs 27,630, the highest in the Indian corporate sector. [Applause] Our operating net profits grew by 14 and 17% respectively. Reliance demonstrated among the best earnings growth, not only among large companies in India, but also among the strongest, in our global payer group. We set several milestones during the year. The gross refining margin at $10. 8 a barrel was the highest in 7 years. [Applause] It is also amongst the highest in the industry globally and a record of performance relative to Singapore complex refining margins. Our petrochemical business has the highest ever volume and earnings Its margins were among the top five global. [Applause] We had a record net profit despite no contribution from our upstream business and the largest ever capital expenditure in a year. Integrated business model combining strong downstream positions and risk management enabled us to grow profits despite soft oil and gas prices. A capital expenditure in the year was in excess of 112,000 crores. This is not only the highest capital expenditure by us in a single year, it is also the highest by any Indian company ever in a year. [Applause][Visual] We have funded this huge Capex program while maintaining a conservative balance sheet structure and our investment grade credit ratings. A strong credit profile helps us access local and international debt markets to raise funds at very competitive rates. Dear share holders, Reliance is India's largest exporter accounting for 8.5% of India's total merchandise exports with a value of 146,855 crores and excess to 110 markets. Reliance is a significant contributor to the national exporter. Reliance paid Rs 23,786 crores of customs and excise duty during the year, which is almost 4.8% of India's total revenues from customs and excise. Reliance [Applause] Reliance is also the highest income taxpayer in the private sector in India. And paid 7,826 crores as income tax during the year. [Applause] Petrochemicals. Vslide: slide 15: Mukesh Ambani standing at the podium, with the background slide highlights the growth in Reliance’s petrochemicals business. [Mukesh Ambani]:Dear share holders. Petrochemicals is one of the core growth engines of Reliance. Our business today consists of polyesters, fiber intermediates, polymers, synthetic rubbers and a variety of chemicals and solvents. This diversified portfolio is integrated with our refinery and has delivered the best margins globally for over 2 decades. This segment achieved a record epic of Rs 10,221 crores representing a 23% growth year on year and in turn delivering one of the best performances in the global petrochemical industry. We are now investing to nearly double double this capacity of this business. We are building amongst the world's largest and most integrated ethylene cracker in Jamnagar that will use off gases from the refinery as a feedstock with a capacity in excess of 1. 5 million tons a year. This unique configuration is possible only due to the scale and complexity of our refinery. It is a matter of great pride for all of us at Reliance that we can execute a project of this scale at about half the capital cost of similar crackers being built in North America. [Applause] This cracker is being built at Jamnagar which is today the busiest industrial site in the world with over 120,000 people engaged in project execution. We have made substantial progress in this project and are targeting it to be mechanically complete by December of this year. A cracker portfolio is currently dependent on domestic sources of feedstock including from our refinement. The portfolio needs dedicated long term supply of feedstock for sustained competitiveness. Reliance is now investing for ethane as ethane is the feedstock for 65 percent of cracker capacity in North America. We are the first company globally to conceptualize large scale imports of ethane from the US as a feedstock for our cracker portfolio. This project involves dedicated ships, pipelines, loading terminals at both the US and at Dahej. The ships are expected to be delivered over the next two quarters and the project will be ready by the end of this financial year. This innovation will provide us competitive feedstock and flexibility for the long term. We are global leaders in the polyester chain. We are making investments to meet the ever growing demand for the nation's clothing lifestyle products and water usage as PET is the polymer that is used in your water bottles. Last year we commissioned 650,000 tons of a new PET plant, a state of an art 2. 3 million tons PTA plant at Dahej. These plants are operating at nameplate capacity and serving both domestic and export markets. We are expanding our polyester presence in executing one of the largest parisylene plants in the world at Jamnagar. The new parasylene plant which you ]can see is mechanically complete and pre-commissioning activities have commenced with production slated to begin in the next few weeks. We are also the largest domestic producer of synthetic rubber. Our PBR plant and our SBR plants are now operational. These investments will position relies among the top 10 petrochemical players globally with a portfolio of products that continue to meet the growing demands of India. The petrochemical business will have a unique earnings model based on integration, top-decile cost positions and annuity earning stream. Petroleum refining. Vslide: slide 16: Mukesh Ambani standing at the podium, and slides highlights about “Petroleum Refining and Marketing” [Mukesh Ambani]: Dear share holders. Let me now turn to the petroleum refining business. The refining business continues to be a significant value driver for reliance, accounting for 60% of its earnings last year. Global oil demand growth at about 1. 8 million dollars per day was among the strongest seen in the last five years. Reliance delivered yet another stellar performance delivering an epic growth of 49.1% year-on-year in a period of continuing volatility. Our realized margins were amongst the highest global. We now have a track record of over 15 years of operating this business with the highest standards of safety and delivering amongst the best returns on capital. Our refinery business is truly global. We export to every major market in the world.We continue to be a major supplier to every large retailer and trader in the world. No matter how you travel globally by car, train or plane, you would probably consume fuels from a jamnagar refinery. [Applause] Our aviation fuel stations are present at 25 airports across India and these fuel and aircraft every four minutes on an average every day. [Applause] We are now making a large investment to ensure that our refinery complex has amongst the lowest cost of energy globally. We are taking petroleum coke and converting it to sin gas in a highly complex high pressure and high temperature process. It is one of the largest clean coal initiatives in the world. We will add 600% value to petroleum coke making this investment one of the most profitable. These gases will be a source of fuel for the refinery complex as well as feedstock for petrochemicals. This is the largest project ever executed globally on this scale and dimension. We are now close to completing the construction of this mammoth project and targeted to be mechanically complete in the first half of next year. Vslide: slide 17: Mukesh Ambani standing at the podium, with background slides showing business updates, Jio, Retail, Petrochemicals, Media & Reliance Foundation. Reliance continues strong growth across Exploration & Production, Petrochemicals, Retail, Jio, and Media. Reliance Foundation empowers millions through education, healthcare, sports, and rural development.and Future focus on consumer businesses, new energy, AI solutions, and delivering long-term value to shareholders. [Mukesh Ambani]:Dear share holders, let me now come to the performance and plans of our exploration and production business. We are proud of our partnership with BP in the domestic portfolio. Our KG-D6 block has produced 2. 6 DCF of gas and 29 million barrels of crude oil since commencement of output. We are making our best efforts to sustain production from this complex deep water basin. We are also evaluating along with our partner BP development plans to monetize the remaining resources of 4 to 5 DCF from this block in the framework of the new gas pricing policy. Reliance has developed CBM blocks in Madhya Pradesh along with a 300 kilometer pipeline to transport gas to customers. This development is at an advanced stage and of completion and production is expected to commence in this current financial year in the next few months. Our portfolio investments in shale gas businesses are in capital preservation mode in this environment of low commodity prices. Our joint ventures are in the best basis and have resources of about 60 CF. We have divested a midstream interest for over 1 billion in the past year and will look for further monetization opportunities. The consumer business... the Indian consumer sector has been undergoing a transformational change based on a combination of factors, demographics, aspirations to have the best products and services that are on par with the world, increase in discretionary spending, fast adoption of technology and India's economic growth. At Reliance, we have always believed in building India focused global scale next generation businesses. The consumer business is one of the few opportunities for building businesses of scale. Media and entertainment. Let me now talk about our media and entertainment business. This business spans television channels and digital media properties. We are aggressively investing in this space to sustain and grow our leadership in partnership with global leaders such as CNBC, CNN, Yacom, Forbes and Aplacine. Today we own the highest number of channels 58 spanning news entertainment including 11 channels that cater to Indian audiences in international market. Our channels collectively reach out to more than 500 million viewers every month. That is nearly 2 out of every 5 Indians. Network 18. [Applause][Visual] Network 18 has the most number of news channels in India. It has 21 news channels catering to both national and regional viewers and is offered across 18 states in 11 languages. Our entertainment and infotainment business in partnership with Yacom 18 and Aplacine has 26 channels. Colors is among the top two channels in the country while Nick MTV VH1 and Comedy Central are top channels in their genres. On the digital side, our combined network 18's digital side attracts over 27 million unique visitors every month which is the largest in India. We continue to be leaders in multiple segments such as book my show for tickets, money control and finance news 18. com and first post for news and opinion. And with homes with home shopping and Yatra, the group has invested in some of the most successful digital properties in India. We are aggressively investing in content by rolling out new channels. Dear shareholders, retail business is central to a consumer facing business and is growing at a rapid pace. In our petroleum retail business, over 1,050 fuel retail outlets have been operational across India in the last year and another 200 are in advanced stages of being recommissioned. Reliance has the best fleet management program and an unmatched IT digital backbone to enable unique and delightful experiences for customers at all touch points. This has enabled us to achieve a per outlet sales that is amongst the highest in the industry. Once all our existing assets are recommissioned, we will continue our investment to expand this business and dominate the fuel sales across highways in India. Dear shareholders, reliance retail continues to be India's most admired, most profitable and largest retail company. It enjoys leadership in multiple formats from grocery to apparel to digital products. The overall business has nearly tripled in the last five years. We have built the widest geographical footprint with physical stores now covering nearly 3,500 stores in 679 cities. [Applause] Spread over 13 million square feet and many more through our e-commerce reach. Serving grocery and products for daily needs, reliance fresh and smart continue to be the preferred convenience and supermarket destinations for over 27 and a half-black Indians every week. Our engagement with 25-black kiranas and small businesses through our reliance market cash and carry stores has extended the gains of sourcing and modern supply chain making them more efficient and productive. In the apparel business, [Applause]in the apparel business we have invested significantly to bring affordable fashion to our customers and actively work with a large number of partners. Reliance Trends has emerged as the favorite fashion retail chain in the country built on the principles of democratizing fashion for an aspiring Indian customer. We retail over 17 lakh garments every week making our consumers more fashionable each day. Ajio.com, the curated fashion online store launched this April has been steadily gaining loyal customers in the fashion segment. We are proud to represent over 25 prestigious international brands as our exclusive partners to bring luxury to Indians across the country. [Applause] Today, when India thinks of technology products, it thinks reliance digital. Reliance digital is the undisputed leader in the electronics retail space and has been voted India's best CDIT retail brand for four consecutive years. [Applause] In order to support the entry of Jio, Reliance digital has been aggressively expanding the network by a mix of own stores and supporting small retailers using our supply chain technology and logistics infrastructure. We have successfully set up a large distribution network with a presence of over 500,000 retailers across the country for Jio. We currently retail nearly 12 lakh handsets per month reflecting the strength of our distribution business. I am confident that Reliance retail would become a major growth pillar for us in the years to come. Reliance foundation. Dear share holders, Under Nita Ambani's April guidance, Reliance foundation continues to be the largest corporate foundation in India working on diverse development challenges. [Applause]For the Reliance foundation and all of us at Reliance, we want to congratulate Nita on her election. To the highest sports body in the world, [Applause]the international Olympics committee. She is the first Indian women to be on that platform. Congratulations.[Applause] Reliance foundation has built a strong team of over 500 people who reach out to more than 10,000 villages.Spread over 14 states impacting the lives of over 7 million. We continue to work in areas of education, health care, rural transformation, promoting Indian arts and culture, sports for development and disaster relief. In the last year, in the area of education, Reliance foundation did a pilot. With Jio, we set up virtual classrooms in 96 schools in Andre Pradesh and Gujarat, reaching out to over 20,000 students. [Applause] With the objective of improving the quality of teaching and learning outcomes. And our results are very encouraging. We envision Reliance education initiative to expand nationally in this important area on the back of our Jio network. The foundation continued its efforts in area of sports development of the youth and to revive the sporting culture in the country. The foundation recently launched the Reliance foundation youth sports that aims to develop grassroots sports in India by creating organized school and college sports competitions. Every year, the foundation continues to respond to unforeseen natural disaster. Last year, our relief operations provided solace to over 85,000 people across four districts during the floods in Tamil Nadu. During the drought in Marathwada region, Maharashtra, our team delivered drinking water to over 50,000 families in over 100 villages. I offer my sincere appreciation to[Applause][Visual] the foundation's team for its spirit and commitment. To alleviate human suffering and transform people's lives. My dear shareholders is, Reliance has a unique, globally competitive, world-scale, fully integrated, petrochemicals and refining business operating in the fastest growing market in the world. We also have among the lowest cost position and a long history of safe operations. The consumer business portfolio comprising of media and entertainment, retailing and digital services will have unparalleled breadth, Geographic coverage and technology as its main drivers. As we enter a 40th year, we are proud that we have consistent performance over all the 39 years since our IPO. We have delivered a compound annual growth rate of 27. 2 percent in net profits over all the 39 years. [Applause] And delivered a compounded annual shareholder return over 39 years of over 20 percent. [Applause] With the completion of the present capital investment, both the above numbers will improve significantly in the next few years. Our petrochemicals and refining business is poised for a 40 to 50 percent growth in earnings and cash flow with an annuity-like profile. Our consumer business led by Jio-digital services will see rapid growth as we provide services to over 100 million consumers in the shortest time. I am confident that our consumer business will over several years be of the same size and earnings capacity as a petrochemicals and refining business. These two growth platforms will create continuing value for all our stakeholders. So, in conclusion, today and this year is a milestone for reliance. We have consistently delivered on our promise of putting India first. All our initiatives and projects are designed to improve the quality of life of every Indian. It gives me immense pride in what reliance has achieved for its country and its citizen. This is the reliance that my father and our founder, Sri Dhirubhai Ambani had envisioned. [Applause] What we have delivered today is our best ever. But on behalf of all of us at reliance, I can commit to each and every one of you that we will be even better tomorrow. [Applause] As I have consistently promised to you in the past and all of you, particularly in the past three or four years, have been patient. And I appreciate that very much. Rewards to our shareholders is on top of my mind. [Applause] I will work with your board to share generously the rewards of our investment cycle with all of you. [Applause] I would like to thank the central and the state governments. All our dear shareholders, investors, suppliers and customers for their consistent and resolute support. I thank all my colleagues on the board for their unanimous support and immense encouragement. And I have special words to acknowledge the collective efforts of the entire reliance team working tirelessly to creating and sustaining a world-class enterprise. Thank you ladies and gentlemen. [Applause] Thank you. [Applause]

													

															Visual: Fareed Zakaria, the host of the show “Fareed Zakaria GPS” is sitting in a studio setting. Behind him, there is a large screen displaying the words "FAREED ZAKARIA GPS" with a graphic of a globe and a blue orbit line.
Fareed: I’m just back from India, where I had the opportunity to sit down with that nation's richest man, who is also the CEO of its largest company. Forbes estimates Mukesh Ambani's net worth as being almost \$20 billion. Reliance Industries, the company he heads, has a market capitalization of over \$40 billion, according to Bloomberg. He talked to me about what seems to be one of the most hopeful stories about India and a piece of positive news in a gloomy world economy. In the next few years, an extraordinary thing will happen. 1 billion, That's billion with a B, Indians will get access to the Internet, most for the first time. What does that mean for India and the world? Ambani's company, through a venture called Jio, has bet billions of dollars that this is the economic opportunity of the moment for India and for his company.
Visual: While the host explains these there are visuals of various settings: Reliance Smart entrance, streets, farmers in farms, street markets, etc., are displayed.
Fareed: India's other telecom companies are also planning to build up capacity. We sat down to talk in Mukesh Ambani's home in Mumbai, which some reports claim is the world's most expensive private home.
Visual: Fareed and Ambani are seated at the Ambani's home in Mumbai.
Fareed: Mukesh Ambani, thank you so much for coming on the show.
Ambani: Thank you, Fareed. It's always a pleasure.
Fareed: Your company generates huge amounts of cash. You have been pouring all of this into one huge venture, which is to provide the internet to people essentially on cell phones. Why do you think this is worth that massive investment?
Ambani: I believe that humanity is at the doorsteps of massive change and we are just at the beginning of the information and the digital age.
And in the next 20 years in a network society, we are going to have change much more than what we have seen in the last 100 years. And it's really digitization and the digital world that is going to lead this. From an India point of view, India cannot be left behind in this revolution. As we saw the year 2012-13, India is 150th in the world in mobile broadband penetration as well as quality and Jio is really conceived to change this position.
Fareed: To put it simply, would it be fair to say in India has not really been connected to the internet in a in a broad sense because infrastructure being such that the landlines that provide wired internet only reach about a hundred 150 million Indians? What you are proposing this revolution?
Fareed: How many million Indians do you think will get connected to the internet in the next year, year and a half?
Ambani: Well, we are ready to launch and in the second-half of 2016, 80% of India’s population will have high speed mobile broadband internet. So 80% of the 1.3 billion Indians will have high speed mobile Internet and by 2017 end we would cover 90% and by 2018 all of India would be covered by this digital infrastructure.
Fareed: So in 2018, will a rural farmer in India have better internet capacity than somebody in America?
Ambani: I think that if you look at what you have in the US right after five years, all the major carriers today cover only 75 to 80% of the US and we would be pretty much doing that by in 2016 itself.
Fareed: Do you think, I mean you have Reliance throws off enough cash, billions of dollars a year that could be invested anywhere, do you think this is the best investment opportunity in the world right now?
Ambani: This digital infrastructure I think is a very good investment for me personally, like we made this investment just to make sure that the youth of India, which is still the bulk of India, India as you know, is a very young country is empowered and they have an equal opportunity to not only prosper themselves, but to contribute to this new world. And that was really our main reason.
Ambani: And that's why we took very high risks, right. As time has passed, this now looks like being pretty good even business wise.
Fareed: Mukesh Ambani, pleasure to have you on.
Ambani: Thank you.