genai / news / / Free Press Journal
RIL has pivoted its business model roughly every decade during its nearly 48-year listed history.
Reliance Industries plans to invest USD 110 billion in AI, energy, and digital infrastructure over seven years.
KEY POINTS
- The company is expected to use a partnership-led approach, including collaborations with Meta and Google.
- USD 4-5 billion annually may need to be raised through asset monetisation to fund the investment.
- Reliance's AI business is projected to achieve post-tax ROCE over 12%, double previous consumer/telco returns.
- The AI investment includes multi-gigawatt data centres, 10 GW of renewables, storage systems, and AI chips.
COMPANIES
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