At Reliance Industries (RIL)'s 49th Annual General Meeting on June 19, 2026, Chairman and MD Mukesh Ambani pledged to build AI that is "powerful, trusted and affordable" and announced an "sovereign AI backbone" for India in Jamnagar, Gujarat, with an initial capacity of 120MW to go live by the end of 2026. The company framed its ambition as moving India from a "consumer" of AI to a "creator, adopter and global leader," placing Reliance Intelligence—the AI subsidiary established at the 2025 AGM—at the center of its strategy. Ambani said "Reliance Intelligence promises AI for everyone, everywhere," aiming to repeat with AI the success Jio had in democratizing mobile data through low pricing.
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