October 12, 2007
In a shareholders meeting recently Reliance Industries Chairman, Mr. Mukesh Ambani proposed five shifts in the strategy of Reliance Industries in future, surprisingly one of the major one is, shift in innovation.
Traditionally, Reliance has grown on the strength of licensing technologies.
This strategy has limitations in its play in the context of technology-driven opportunities and global competitors harboring
So now India's biggest Petrochemical company becomes serious for owning IP in the line of Exxon Mobil and Shell.