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Centrum Broking Report
Reliance Industries Ltd. has announced a spate of acquisitions/joint development arrangements in the past two months, highlighting increased momentum towards the ambitious four 'Giga factory' plan in the renewable energy space.
The transactions are aimed at both -
acquiring relevant technology to roll out manufacturing plans faster, and
to develop a multi-country, multi-application presence in the strategic areas of better storage solutions, hydrogen electrolyser tech, and solar module manufacturing.
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