Reliance Industries to Establish Global R&D Hub and Incorporate Singapore Subsidiary

Reliance Industries Limited (RIL) has announced two major developments aimed at expanding its global footprint and innovation capabilities. The company plans to set up a Global Capability Centre to consolidate its research and development (R&D) activities, focusing on cutting-edge technologies like AI, clean energy, and sustainable solutions. This initiative will strengthen RIL’s position as a leader in innovation-driven growth.

Simultaneously, RIL has incorporated a wholly-owned subsidiary in Singapore to enhance its international operations. The new entity will facilitate global partnerships and streamline business activities in the region, aligning with the company’s strategic expansion goals.

Source: Economic Times