Reliance’s Strategic Leap: Mukesh Ambani Acquires 10% More in Nauyaan Shipyard to Drive Innovation

Reliance Industries Limited (RIL), led by Mukesh Ambani, has made a significant move to bolster its presence in the shipbuilding and green energy sectors. On April 11, 2025, RIL announced the acquisition of an additional 10% equity stake in Nauyaan Shipyard Private Limited (NSPL) for ₹51.72 crore through its subsidiary Nauyaan Tradings Private Limited (NTPL). This latest acquisition increases RIL’s indirect ownership in NSPL to 84%, reinforcing its strategic focus on expanding operations in Dahej, Gujarat.

This acquisition underscores Mukesh Ambani’s commitment to advancing India’s renewable energy ambitions while diversifying Reliance’s business operations into high-potential sectors. Industry experts view this as a transformative step toward positioning India as a leader in green energy technologies.

 

Sources: CNBC TV18, Economic Times, Business Standard