Reliance Industries Chairman Mukesh Ambani today announced that his company will invest Rs. 1.8 lakh crore across businesses in the next three years. Mukesh added that the company will also launch its 4G broadband services in 2015.

Mukesh unveiled his vision while addressing the 40th annual general meeting of RIL. He informed the people attending the meeting that Rs. 1,80,000 crore will be invested in margin-enhancing petrochem units, expansion of energy business, opening more retail stores and roll-out of telecom business.

"In the past 37 years, we invested Rs. 2,40,000 crore, and in this current three years? investment cycle, we will be investing over Rs. 1,80,000 crore," Ambani said.

"The next three years are transformational in RIL?s journey... By the time we finish four decades since our first public offering, we will again be a radically different company. We hope to accomplish as much in the next three years as we have achieved in the past 37 years," he added.

RIL's telecom arm Reliance Jio Infocomm is currently the only company in India to have got the nationwide permits for 4G services. The company is planning to start the field trials in August and launch the service commercially in 2015.

Ambani added that the company is now aiming doubling revenue from its retail business every 3-4 years. It is to be noted that the RIL became the biggest retailer in the country by revenue in the last fiscal.

RIL is currently ranked at 135 on the Fortune 500 list of global companies and Mukesh wants to find a place in the top 50.

Meanwhile, Mukesh?s wife Nita Ambani was on Wednesday inducted into the company board.