 "RIL")
Mukesh Ambani’s ambitious target of getting Reliance Industries (RIL) into top 20 global companies would require it to more than triple its compounded annual growth rate (CAGR) of revenue to 18.5 per cent for the next decade from 6 per cent in the past 10 years.
An analysis of the sales target looks like a feat that is achievable if it were to take the inorganic route. “Organically it would be little difficult to maintain CAGR of 18.5 per cent for net sales for 10 years because the energy business is cyclical,” said G Chokkalingam, founder and managing director,
An analysis of the sales target looks like a feat that is achievable if it were to take the inorganic route. “Organically it would be little difficult to maintain CAGR of 18.5 per cent for net sales for 10 years because the energy business is cyclical,” said G Chokkalingam, founder and managing director,
