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Anil Ambani Growth Plan: Reliance Group Chairman Anil Ambani is making a lot of efforts for the growth of the business. He has taken another big step in this matter. Anil Ambani's Reliance Group has created the Reliance Group Corporate Center ( RGCC ) to make the growth strategy successful by 2030, whose goal is to take the group's companies in a new direction as well as prepare new leadership. The purpose of this center is to move forward in new opportunities and technology sectors for Reliance Group.
Anil Ambani's companies are in new preparations after becoming debt-free
Anil Ambani's Reliance Infrastructure and Reliance Power are debt-free. Due to this, Anil Ambani is focusing on growth in new areas. According to Reliance Group, RGCC will be a strategic center, which will lead new projects and more importantly, will do future planning.
Days turning around
After Reliance Group companies became debt-free, they have started getting orders, which is improving their profitability. Reliance Infrastructure earned a profit of Rs 4082 crore in the July-September quarter, while in the same quarter last year, it was in loss of Rs 294.04 crore.
Reliance Power made a profit of Rs 2878.15 crore during this period. In the same quarter last year, the company had incurred a loss of Rs 237.76 crore.
Impact on stocks
It is expected that this entire plan will have a positive impact on the shares of Anil Ambani's Reliance Group companies. However, the share of Reliance Infrastructure has gone up by 51.3 percent in the last 6 months and the share of Reliance Power has gone up by 30.9 percent during this period.
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