Anil Ambani’s Reliance Group has announced a renewed strategic focus on defence, power, and renewable energy sectors to drive its next phase of growth. The group’s leadership stated on 27 July that the objective is to foster innovation and long-term value creation. The announcement comes shortly after the Enforcement Directorate concluded searches at properties linked to the group in connection with a money laundering investigation.

Over 100 senior leaders from the group's two listed entities — Reliance Infrastructure and Reliance Power — convened in Mumbai to reaffirm their commitment to the group’s growth roadmap. This follows board approvals from both firms to raise Rs 180 billion through equity and debt, aimed at funding expansion in defence, aerospace, and clean energy.

According to the group’s press release, the leadership meeting showcased unity and determination to deliver value to all stakeholders. The companies reiterated that the ED action had no impact on their business operations, financial health, or commitments to shareholders, employees, and stakeholders. Both firms stated they had fully cooperated with authorities.

Reliance Infrastructure will lead the group’s defence and aerospace initiatives. This includes manufacturing Falcon 2000 business jets in India in partnership with Dassault Aviation of France, establishing a maintenance and overhaul hub in Maharashtra with US-based Coastal Mechanics, and strengthening defence partnerships with Germany’s Rheinmetall AG and Diehl Defence for guided munitions. The group aims to become one of India’s top three defence exporters while aligning with the Government of India’s ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives.

In the power sector, the group’s utility BSES serves over 5.3 million households—covering two-thirds of Delhi’s population. It will focus on sustainable and smart energy distribution, with a target to source clean energy over the next five years.

In renewables, the group is prioritising solar power and battery storage systems. Reliance Power currently manages a 5.3 GW operational portfolio and has secured 3.3 GWh in solar and BESS projects, including Asia’s largest solar-plus-storage initiative.