Reliance Industries Ltd. (RIL) has floated it’s AI subsidiary – Reliance Intelligence to focus on AI infrastructure and Deep-Tech.
“This new company is conceived with four clear missions to house India’s next-generation AI infrastructure. Reliance Intelligence will build gigawatt-scale, AI-ready data centres, powered by green energy and engineered for training and inference at national scale,” RIL CMD Mukesh Ambani told shareholders at the company’s AGM on Friday.
“Work has already begun on the gigawatt-scale, AI-ready data centres in Jamnagar. These facilities will be delivered in phases aligned to India’s growing needs, powered by Reliance’s new-energy ecosystem, and custom-made for AI training and inference,” he said.
He said the new company will house global partnerships. Reliance Intelligence will bring the world’s best tech-companies and open-source communities together with Reliance’s deep-domain expertise and execution strength, to deliver performance leadership, resilient supply, and India-first compliance for AI, he said.
He announced an AI partnership with Google to build world-class assets and execute at India’s scale with Google’s leading cloud and AI technologies.
He also announced an India-focused AI joint venture with Meta – for their open-source AI. Mr. Ambani told shareholders that RIL would foray into humanoid robotics.
Stating that Jio has crossed 500 million subscribers, Mr. Ambani said Jio would launch it’s IPO in the first half of 2026.
“Today, it is my proud privilege to announce that Jio is making all arrangements to file for its IPO. We are aiming to list Jio by the first-half of 2026, subject to all necessary approvals,” he told shareholders.
“I assure you that this will demonstrate that Jio is capable of creating the same quantum of value like our global counterparts. I am sure that it will be a very attractive opportunity for all investors,” he added.
On the occasion Jio unveild world-class AI-enabled digital services, Digital Twin System, Jio AI Cloud, JioPC and JioFrames.
Shareholders were informed that Reliance Retail would have over 20% CAGR and Reliance Consumer Products Ltd (RCPL) would become RIL’s direct subsidiary and would focus on India’s $2-trillion high-growth consumer market
Mr Ambani informed that work on the Dhirubhai Ambani Giga Energy Complex was progressing at record pace and the Battery giga-factory would be commissioned in 2026.
RIL he said would set up one of world’s largest single-site solar projects spanning 5,50,000 acres of arid land at Kutch.
Mr Ambani said the company’s New Energy business would be as big as the O2C business in 5-7 years.
He reiterated his commitment to double the company’s EBITDA by end of its “Golden Decade”.
Mr Ambani stated that the recent geopolitical developments reinforced the lesson that there was no substitute for economic strength.
“India must become self-reliant to the maximum extent in key technologies, critical industries, and other vital sectors of the global economy. Throughout our history, Reliance has contributed to this mission of building a strong India,” he said.
Earlier in his speech, Mr Ambani mentioned “Conflict produces no winners, whereas co-operation ensures shared prosperity.
The global economy today is navigating through an era of great uncertainty. Geopolitical tensions are rising, volatility is persistent, and predictability is scarce,” he pointed out.
“In today’s inter-dependent world, the prosperity of each country is inseparably linked to the prosperity of all,” he emphasised.
In his opening remarks Mr Ambani said, “ With the right set of reforms, advanced manufacturing capabilities, and a national priority on Deep Tech, our economy can grow at 10% annually.”
“This will mean that the per capita income of Indians could rise 4-5 times within the next two decades, making India not just a prosperous nation but also a more equal nation,” he said.
“More importantly, India need not copy any foreign model. We have the ability, and the responsibility, to create an India-first model of development,” he added.
Published – August 29, 2025 09:59 pm IST