Reliance Industries Limited (RIL) Chairman and Managing Director Mukesh Ambani announced a landmark joint venture with Meta, aiming to bring enterprise-grade artificial intelligence (AI) solutions to businesses across India and select international markets. The announcement came during RIL’s Annual General Meeting, where Ambani described the partnership as a “game changer” with the potential to accelerate digital adoption across industries.
Rs 855 Crore Investment to Build AI Infrastructure
Both companies have committed an initial investment of approximately Rs 855 crore (US$100 million). Reliance holds a 70% stake, while Meta owns the remaining 30%. The joint venture is expected to close in Q4 2025, subject to regulatory approvals.
The venture will leverage Meta’s advanced open-source Llama models to offer an enterprise AI Platform-as-a-Service. This platform provides secure, full-stack environments for organizations to customize, deploy, and govern generative AI models.
Democratizing AI for Businesses of All Sizes
Mukesh Ambani highlighted the venture’s goal to democratize AI across enterprises, from ambitious SMBs to blue-chip corporates. By providing pre-configured AI solutions, the JV will help businesses improve operations in sales, IT, customer service, finance, and more.
“This partnership will enable Indian organizations to innovate faster, operate more efficiently, and compete on a global scale,” Ambani said.
Meta’s Perspective: Personal Superintelligence for Everyone
Meta Founder and CEO Mark Zuckerberg called the partnership a critical step in “putting Llama models into real-world use”. Speaking at RIL’s AGM, he emphasized that the venture will expand Meta’s enterprise footprint while delivering personal superintelligence to every corner of India.
Implications for India’s Digital Economy
Analysts suggest this collaboration could transform the Indian business landscape. Affordable, scalable AI solutions may spur new startups, enhance corporate efficiency, and drive widespread digital innovation across sectors.
The joint venture positions India as a global hub for enterprise AI, bridging the gap between cutting-edge technology and businesses seeking cost-effective AI adoption.