New Delhi, April 22 : Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries Limited (RIL) has said that Reliance's initiatives in digital connectivity and organised retail are driving greater efficiencies in the economy and contributing to India's emergence as one of the fastest growing economies in the world.

Commenting on the results, Ambani said Jio continues to digitally empower millions of citizens across the nation, extending True 5G reach to 2,300+ cities and towns in a short span of 6 months.

With steady growth in mobility and FTTH subscriber base and an expanding bouquet of content and digital services, the Jio business continues to deliver impressive growth in operating profits.

"Retail business registered excellent growth numbers backed by expansion of physical and digital footprint and a significant increase in footfall. We continue to expand our product base across consumption baskets, ensuring our customers get world-class products at affordable prices. Our retail team has an unwavering focus on enhancing consumer experience and ease of shopping," Ambani said.

Ambani said O2C segment posted its highest-ever operating profit despite global uncertainties and disruptions in commodity trade flows.

"Our oil and gas segment also delivered very strong growth and is now poised to contribute nearly 30 per cent of India's domestic gas production," Ambani said.