Reliance Industries Ltd. (RIL) has taken significant steps towards bolstering its industrial presence and advancing its green energy ambitions through recent acquisitions and investments. RIL's wholly owned subsidiary, Reliance Strategic Business Ventures Limited (RSBVL), acquired 100% equity in Nauyaan Tradings Private Limited (NTPL) for a nominal amount, followed by NTPL's purchase of a majority stake in Nauyaan Shipyard Private Limited (NSPL) from Welspun Corp. NSPL has now become a subsidiary of RIL. NSPL's enterprise value stands at ₹643.78 crore, with a strategic location near RIL's Dahej manufacturing facility in Gujarat, allowing for diverse industrial activities, including hydrogen electrolyser manufacturing. This move complements RIL's broader green energy initiatives. Moreover, the acquisitions signal RIL's commitment to the green hydrogen sector amidst India's energy transition. By strategically investing in the shipyard business and focusing on sustainable energy options, RIL aims to solidify its industrial footprint and contribute to India's sustainable energy landscape.