India's Reliance says new energy to be as profitable as oil to chemicals in 5-7 years

Reliance Industries anticipates its new energy business to be as profitable as its oil-to-chemicals segment within the next 5-7 years, according to Chairman Mukesh Ambani. The business includes solar and fuel cell manufacturing, energy storage, and green hydrogen production. The company is on track with its investments and expects substantial contributions from its green energy ventures.