Mukesh Ambani identifies youngest son Anant as leader for new energy business in succession plan at Reliance.
That comes on the heels of Mukesh Ambani introducing his daughter Isha as leader of Reliance group’s retail business on Monday while addressing the shareholders at Reliance Industries’ virtual Annual General Meeting; in another sign, the billionaire is pushing ahead with a plan for succession in one of Asia’s richest families.
Anant is Ambani’s youngest son who is focussing on the conglomerate’s new energy business, a key area of investment for Ambanis. Reliance is vying to be at the forefront of Prime Minister Narendra Modi’s ambition to ramp up green energy capacity.
Reliance has major expansion plans to diversify into clean energy projects, including solar and green hydrogen.