Ambani Sets $125–150B Export Goal, Names FMCG-Retail Among Reliance's Five Growth Engines by 2032

At Reliance's 49th AGM, Mukesh Ambani outlined five growth engines anchoring a 2032 scale-up plan, with FMCG and retail positioned as a core pillar. The strategy leans on shared manufacturing, distribution, and a B2B kirana network to chase global FMCG leadership and $125–150B in exports.

— Filed Sat, 20 Jun, 2026, 14:27 IST · Source Outlook Business · Updated

At Reliance's 49th AGM, Mukesh Ambani outlined five growth engines including a scaled FMCG and retail network anchored on shared manufacturing and distribution serving consumers and kirana merchants via B2B, targeting global FMCG leadership and $125-150 billion exports by 2032.