Timelines for Mukesh Ambani promoted Reliance Industries (RIL)’s giga-scale battery factory, is now set for 2026, two years later from the earlier shared timeline of 2024, information shared by the billionaire in his recent speech suggests. This would be one of the rare instances, where the company has changed a stated timeline or target for any business outcomes.
RIL did not confirm or respond to email queries related to the delay. However, industry executives speculate supply-chain constraints could be a contributing factor.
At RIL’s annual general meeting (AGM) in August, Ambani, chairman and managing director for the company,