Ambani said Reliance is also developing a carbon fibre facility at Hazira, which will be the largest of its kind. In addition, the company is setting up a PVC and CPVC facility with a capacity of 1.2 million tonnes, aimed at reducing India's dependence on imports.

In the fuel retail business, Jio-bp maintained adequate fuel availability across its network during the year, he said.

The company's fuel retail network expanded 29% year on year to nearly 2,200 outlets, with another 400 outlets under construction.

Ambani added that Jio-bp has expanded its EV charging infrastructure to 80 cities and 45 highways. The company also strengthened its consumer products and services network, becoming the largest player in the segment.