Mukesh Ambani outlines goals for GeNext in $207 billion empire

Billionaire Mukesh Ambani outlined his ambitions for various businesses under his flagship Reliance Industries that are now helmed by his three children, in a clear sign that leadership transition was firmly underway at India’s largest company by market value.

Under elder son Akash Ambani’s chairmanship, Reliance Jio Infocomm should aim to provide “unique digital products and solutions” after emerging as India’s largest wireless service operator that rolled out world’s fastest 5G network, the 65-year-old Ambani said. He was speaking at an internal Reliance event, according to the copy of a speech shared by the company on Thursday.