RIL to spend Rs 2 L cr on 5G

CHENNAI: Reliance Industries will roll out Jio 5G across key cities by Diwali and make it available in every town of the country by December 2023 by investing Rs 2 lakh crore. It has also committed Rs 75,000 crore for renewable energy business. While chairman of the group Mukesh Ambani announced the succession plan for its retail, telecom and new energy business, he pushed announcements on their IPO plans to next year.