Reliance Industries Eyes $10B Capital Expansion in Green Energy & Retail

Reliance Industries has approved an aggressive $10 billion capital expansion roadmap aimed at accelerating its new energy giga-factories and extending its retail reach across tier-2 and tier-3 cities.

The investment portfolio prioritizes green hydrogen electrolyser manufacturing, utility-scale photovoltaic module assembly, and sodium-ion battery storage facilities in Gujarat. Concurrently, Reliance Retail plans to add over 1,200 convenience and digital omnichannel fulfillment centers nationwide.

This multi-sector capex push positions the conglomerate to lead India's clean energy transition while capitalizing on surging domestic consumer consumption.