## Reliance Industries: Latest Developments and Future Prospects ### Prelims-cum-Mains Facts - Reliance Jio has launched its 5G services in India. - Reliance Retail has announced a partnership with Dunzo to offer grocery delivery services. - Reliance Industries has acquired a majority stake in Urja Global, a renewable energy company. ### Detailed Overview **Reliance Jio 5G Launch** Reliance Jio, a subsidiary of Reliance Industries, has launched its 5G services in India. The services are currently available in four cities: Delhi, Mumbai, Kolkata, and Chennai. Jio plans to expand its 5G network to other cities in the coming months. **Reliance Retail-Dunzo Partnership** Reliance Retail has announced a partnership with Dunzo, a hyperlocal delivery platform. The partnership will allow Reliance Retail to offer grocery delivery services to customers in select cities. The services will be available through the Dunzo app and website. **Reliance Industries-Urja Global Acquisition** Reliance Industries has acquired a majority stake in Urja Global, a renewable energy company. The acquisition is part of Reliance Industries' strategy to expand its renewable energy portfolio. Urja Global has a portfolio of solar and wind energy projects in India and other countries. ### Future Prospects Reliance Industries is a diversified conglomerate with interests in various sectors, including energy, petrochemicals, retail, and telecommunications. The company is investing heavily in new technologies and businesses, such as 5G, renewable energy, and e-commerce. These investments are expected to drive the company's growth in the coming years. **Key Stats** - Reliance Jio has over 400 million subscribers in India. - Reliance Retail is the largest retailer in India with over 12,000 stores. - Reliance Industries is the most valuable company in India with a market capitalization of over Rs. 17 lakh crore. **References** [1] https://www.jio.com/en-in/5g-welcome [2] https://www.reliance.com/corporate/media/press-releases/reliance-retail-partners-with-dunzo-to-offer-grocery-delivery-services.aspx [3] https://www.reliance.com/corporate/media/press-releases/reliance-industries-acquires-majority-stake-in-urja-global.aspx
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