Reliance enters execution phase of AI strategy, targets profitable AI infrastructure business: Mukesh Ambani
Mumbai, June 19
Reliance Industries Chairman and Managing Director Mukesh Ambani on Friday outlined the conglomerate's ambitious vision to position India as a global leader in artificial intelligence while advancing energy self-sufficiency through its new energy initiatives, describing both sectors as critical pillars of the country's journey towards becoming a developed nation.
Addressing shareholders at Reliance Industries' 49th Annual General Meeting, Ambani said India must move beyond being a consumer of emerging technologies and become a creator of globally competitive innovations.
"I firmly believe that India should not be a mere consumer of AI created elsewhere. It must become a creator, adopter, and a global leader in AI," Ambani said.
Emphasising the strategic importance of technology and energy independence, he added, "Maximum energy self-sufficiency and AI self-sufficiency must become our national missions. The success of these missions is critical to the success of Viksit Bharat."
Highlighting Reliance's commitment to these priorities, Ambani said the company is accelerating investments in both artificial intelligence and new energy, which are expected to drive the group's next phase of growth while contributing to national development.
As part of its AI strategy, Reliance is advancing Reliance Intelligence, which Ambani described as the company's newest growth engine aimed at building India's digital and technological capabilities.
"That is why we announced Reliance Intelligence last year as our newest growth engine. Our objective is to build a profitable AI infrastructure, platform, and services business serving consumers, enterprise, and governments at scale," he said.
Stressing the commercial viability of the initiative, Ambani said, "Our objective is to build a profitable AI infrastructure, platform, and services business serving consumers, enterprise, and governments at scale."
According to Ambani, Reliance has already established the foundations required to execute its AI ambitions through strategic global partnerships and technology investments.
"We set out a clear vision, identified the focus areas, and began building the right partnerships with Google, Meta, and Nvidia. Now we are entering the next phase, execution," he said.
Drawing parallels with Reliance Jio's transformative role in expanding internet access across India, Ambani said the company's next mission is to make artificial intelligence accessible to all.
"A decade ago, Jio promised broadband connectivity to everyone, everywhere, and we delivered on that promise. Today, Reliance Intelligence promises AI to everyone, everywhere, and we shall deliver on this promise too," he said.
Ambani noted that Jio has evolved from being a technology adopter into a technology creator and said Reliance Intelligence would provide Indian engineers an opportunity to build globally relevant innovations from India.
"Today, Jio is not merely integrating technology, it is creating original technology," he said.
Calling for the development of inclusive and responsible AI solutions, Ambani urged young innovators to focus on technologies that benefit society at large.
"Build AI that serves humanity. AI that is powerful, trusted, yet affordable. AI that is fluent in every Indian language," he said.
He further stressed the need for AI-driven solutions that create economic opportunities and improve productivity across sectors.
"AI that empowers farmers, students, doctors, shopkeepers, workers, creators, and families. AI that improves efficiency while creating more opportunities to work and prosper for every Indian. AI that contributes to productivity and job creation," Ambani said.
Reliance's broader growth strategy also includes significant investments in new energy businesses aimed at strengthening India's energy security and supporting the country's transition towards cleaner and more sustainable energy sources. Alongside its AI initiatives, the company sees new energy as a long-term growth driver and a key contributor to India's self-reliance agenda.
Providing further details on the group's AI plans, Reliance Jio Infocomm Chairman Akash Ambani said the company is building sovereign AI capabilities at scale. "This capacity places Reliance amongst the largest AI infrastructure platforms being built anywhere in the world," he said, underscoring Reliance's ambition to establish one of the world's largest AI infrastructure ecosystems from India.
— ANI
Reader Comments
Impressive vision. But I hope this doesn't become another monopoly situation. We already have Jio controlling telecom, now AI too? Competition is healthy. Still, if they truly make AI affordable for farmers and small shopkeepers, I'm all for it.
Reliance partnerships with Google, Meta, Nvidia are strategic. But execution is key. Jio delivered on broadband promise, so I have hope. "AI that is fluent in every Indian language" — that's the kind of inclusive thinking we need. Impressive AGM this year. 👏
As someone who works in tech, this is exciting. India needs to move beyond being a back office for the world. Creating original AI technology from India is the right direction. But I worry about data privacy and ethical concerns — these need strong regulation.
"AI that empowers farmers, students, doctors, shopkeepers" — beautiful words. But we need to see implementation on ground. Rural connectivity still has issues. Without proper infrastructure, AI benefits won't reach rural India. Hope Reliance addresses this.
Love the ambition! But remember, Jio's success was built on dirt-cheap data. Will Reliance offer AI services at similar disruptive pricing? That's the billion-dollar question. Also, energy self-sufficiency mission should get equal priority — both are national needs.
A We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.