Anil Ambani’s Reliance Group is set to drive its next growth phase by focusing on defence, power, and clean energy, emphasizing innovation and stakeholder value, the conglomerate announced Sunday. The strategy was reaffirmed at a Mumbai leadership summit of over 100 top executives from Reliance Infrastructure and Reliance Power, despite recent Enforcement Directorate (ED) searches probing alleged money laundering.

The ED concluded its searches, with both companies stating full cooperation and no impact on operations, finances, or stakeholders. The leadership meet, following board approvals to raise Rs 18,000 crore through equity and debt, underscored a unified commitment to growth in defence, aerospace, and renewables. Reliance Infrastructure (net worth Rs 14,883 crore) and Reliance Power (net worth Rs 16,431 crore), both nearly debt-free, boast 50 lakh public shareholders.

Reliance Infrastructure is prioritizing defence and aerospace, partnering with France’s Dassault Aviation to manufacture Falcon 2000 jets for global markets, US-based Coastal Mechanics for a Maharashtra-based MRO hub, and Germany’s Rheinmetall AG and Diehl Defence for munitions production. The group aims to rank among India’s top three defence exporters, aligning with the ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives.

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In power, Reliance Infrastructure’s BSES utility, serving 53 lakh Delhi households, will focus on smart, sustainable energy delivery, targeting clean energy sourcing over the next five years. Reliance Power, with a 5.3 GW portfolio including the 4,000 MW Sasan project, is advancing 3.3 GWh of solar and battery storage projects, including Asia’s largest solar-plus-storage venture.

The group’s vision, inspired by founder Dhirubhai Ambani’s resilience, aims to turn challenges into opportunities, driving sustainable growth through strategic partnerships and innovation.

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