business-northeast-logo

Mukesh Ambani-led Reliance added 2.32 lakh jobs in 21-22

BNE News Desk


Spread the love

Mukesh Ambami led Reliance Industries added 2.32 lakh jobs in Financial Year 2021-22 which took its total workforce strength to 3.43 lakh at the end of 2022, according to the company's integrated annual report released today.

Reliance's telecom arm Jio has completed a 5G coverage strategy for the top 1,000 cities, with 100 per cent indigenous technology, the report said.

Jio had a total subscriber base of 410.2 million across mobile and fixed broadband by the end-March 2022. In end-June 2022, the number of subscribers stood at 419.9 million. Jio added over 130 million customers during 2021-22.

According to the annual report, Mukesh Ambani draws nil salary for the second year in a row.

Reliance expects its green power segment to emerge as a growth engine for the company that would potentially outperform other businesses in the next 5-7 years, Chairman and Managing Director Mukesh Ambani told shareholders in a message.

Reliance which is India's most valued company with a market capitalisation of Rs 17.45 lakh crore, made major strides across its retail, telecom, energy, and digital businesses in 2021-22, said Ambani, adding that digital services, retail, and oil-to-chemicals (O2C) are its three ''extremely agile and highly potent growth engines''.

Reliance’s consolidated contribution to the national exchequer jumped 38.8 per cent to Rs 188,012 crore in the financial year 2022 from Rs 135,468 crore in the financial year 2021.

ALSO READ : India Incorporated witness rate hikes suppressing inflation .

BNE News Desk