Anil Ambani’s Reliance Group sets up corporate centre as part of its growth strategy for 2030

Update: 2024-11-17 17:18 GMT

New Delhi: Anil Ambani’s Reliance Group has launched the Reliance Group Corporate Centre (RGCC) as part of its 2030 growth strategy.

“The RGCC will serve as a strategic hub, providing guidance to the Group’s companies as they pursue new opportunities and technological advancements,” the firm said in a statement.

The core team of RGCC will include experienced leaders of the Group — Sateesh Seth, Punit Garg, and K Raja Gopal. Garg currently leads as CEO of Reliance Infrastructure, while K Raja Gopal has been at the helm of Reliance Power for six years. He has over 27 years experience in the power sector. Other leaders from the Group companies will also be invited to the RGCC.

“The establishment of RGCC aims to harness the in-house expertise of these seasoned leaders to support the Group’s forward-looking growth initiatives and cultivate a new generation of leadership for future project,” the statement said. The RGCC will play a pivotal role in mentoring and developing emerging leaders, blending experience with fresh talent to propel the Group towards sustained growth.

A Reliance Group spokesperson highlighted, “We are thrilled to introduce RGCC, a team of seasoned professionals with a broad spectrum expertise. This strategic move aims to steer the Group’s future growth by tapping into the vast experience of these leaders, will help navigate industry challenges and capitalise on new opportunities, drive innovation, and deliver exceptional value to our customers and stakeholders. We believe RGCC will be instrumental in shaping the next phase of our Group’s success.”

In recent developments, Reliance Infrastructure Ltd and Reliance Power Ltd, key entities under the Reliance Group, have achieved zero bank debt status and outlined plans for

expansion into new growth areas. 

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