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These 20-30 companies may become as big as Reliance Industries in just 10-20 years, says Mukesh Ambani

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February 23, 2022: Chairperson of Reliance Industries Ltd. Mukesh Ambani saw 20 to 30 Indian companies in green energy and technology space to grow as big as industrial dependency, if not bigger, in the next one or two decades, he said on Wednesday. The richest person in Asia Mukesh Ambani said he needed 38 years of RIL to become a $ 200 billion company, but he saw the next generation Indians to reach the same level in half the time.

“It took about 15 years of dependence to become a $ 1 billion company, 30 years to become $ 10 billion, 35 years to become $ 100 billion and 38 years became a $ 200 billion company. I have no doubt that the next generation of Indian entrepreneurs will achieve things This is in half time, “Ambani said. “What this means is that the Indian business community will be wider and wealth creation will also be more inclusive. This will make Indian countries more equal,” he added.

India can be the world’s power by tapping green energy, clean

Mukesh Ambani for many years called new oil data, and with Reliance Jio, he created a digital revolution by making India one of the world’s largest cellular data consumers and affordable cellphones for the masses, with Rs 4 per GB plan. Lately, he has put bets on renewable energy, committed a number of Rs 75,000 Crores in capital expenditure to develop equipment and solar energy infrastructure to lead and renewable. He said he believed India could be a global power by knocking green and clean energy. This can be done by Mandiri or ‘Atmanirbhar’ in producing green energy and also becoming a large exporter of green energy.

“When wood is replaced by coal, Europe follows India and China to emerge world leaders. Similarly, with the emergence of oil, US and West Asia surpassed others. When India becomes not only independent in green and clean energy, but also a large exporter, It will help India emerge as a global force, “he added.

Ambani said he estimated India to follow the European Union as the third largest economy in the world in 2030-2032. “India must overcome three challenges. One, India must increase the energy output to encourage the growth of two-digit GDP, and we must do it with the basis of the use of technology. Second, India must increase the share of green and clean energy in this enhanced output. And third, India Must achieve the goal of ‘Independence or Atmanirbhar Bharat’ in pursuing two challenges above, “he added.

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