Reliance Industries conducted its 42nd Annual General Meeting in Mumbai on Monday. Speaking at the event, held at Birla Matushri Sabhagar, chairman and managing director Mukesh Ambani said: "The future of India and the future of Reliance never looked brighter to me than now. Our Prime Minister has set the goal of making India a 5 trillion economy by 2024. I fully agree with the idea." Billionaire Mukesh Ambani made a number of big announcements at the annual event of the oil-to-telecom conglomerate. He said that Saudi oil major Aramco has agreed to take a 20 per cent stake in Reliance Industries' oil refinery and chemical business at an enterprise value of $75 billion (around Rs 5.32 lakh crore). This would be the biggest foreign investment in the history of the company, Mr Ambani said.