Reliance Industries and its telecom arm, Jio, are set to invest $109.8 billion over the next seven years. This substantial commitment aims to build critical artificial intelligence and data infrastructure across India.
Billionaire Chairman Mukesh Ambani outlined the investment at the AI Impact Summit in New Delhi, emphasizing its role in long-term "nation-building" and establishing sovereign AI computing capacity. This initiative addresses significant constraints on domestic AI development, namely the shortage and high cost of computing power.
Jio is already constructing multi-gigawatt, AI-ready data centers in Jamnagar, with over 120 megawatts of capacity expected to be operational by the second half of this year. The company also plans to power these facilities with renewable energy.
This move follows a broader trend, with Adani Enterprises recently announcing a $100 billion investment in renewable-powered AI-ready data centers by 2035. These commitments signal a major push by Indian companies to meet the escalating demand for AI services and infrastructure.