Reliance Eyes Retail and New Energy for Future Investments: Goldman Sachs

  • Reliance Industries has invested heavily in hydrocarbons and telecom in the past 10 years.
  • Goldman Sachs expects Reliance's future investments to be in retail and new energy, which are less capital-intensive.
  • Reliance is nearing the end of its investment cycle for hydrocarbons and telecom.

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