AI Self-sufficiency Must Become India’s National Mission: Mukesh Ambani

Despite global challenges, for FY26, Reliance posted a record high revenue, profit and EBITDA. Retail, digital and Reliance Intelligence (AI arm) were the growth engines.

“The most important lesson for India from these volatile times is that we must intensify and speed up our efforts to make our country atma nirbhar in critical resources and technologies. Maximum energy self-sufficiency and AI self-sufficiency must become our national missions. The success of these missions is crucial to the success of Viksit Bharat,” said Mukesh Ambani, Chairman, Reliance Industries Limited.

“Reliance is playing a leading role in both the national imperatives. We have laid the foundation for Reliance to emerge as a leading deep-tech and advanced manufacturing company. For this, we are investing an extraordinary amount on innovation and R&D effort,” the chairman added.

The Numbers

The consolidated revenues stood at INR 11,75,919 crore up 9.8 per cent year-on-year (YoY). The net profit for FY26 stood at INR 95,754 crore ($10.1 billion), up 17.8 per cent over last year. Reliance’s capex stood at INR1,44,271 crore for FY26. Over the last five years, Reliance’s capex stood at INR 6,48,428, it contributed almost one-third of the total capital invested by India’s top-50 corporates during the last five years.

Reliance’s exports were INR 2,78,808 crore ($29.4 billion), which was 6.7 per cent of India’s total merchandise exports for the year. Reliance remained the largest contributor to the national exchequer, contributing INR 2,16,472 crore.

“Reliance’s contribution to India’s inclusive economic growth and nation-building remains unsurpassed. These achievements are supported by our prudent capital allocation framework, proactive risk management a strong balance sheet and growing cash flows,” said Ambani.

The AI Revolution

Reliance Intelligence, a new chapter in Reliance’s deep-tech evolution, was announced last year. With it, the company’s first priority is to surmount the biggest hurdle for AI in India today the scarcity and high cost of compute.

“To address it, Reliance Intelligence is building India’s sovereign AI backbone in Jamnagar. This cutting-edge infrastructure will be powered entirely by clean energy from Reliance’s own solar generation from the Kutch renewable platform. The first 120 megawatts will be commissioned by the end of 2026. In addition, we are operationalising an initial fleet of advanced NVIDIA GB300 GPUs. This next-generation compute capacity is equivalent to more than 75,000 H100 GPUs on an AI-inference basis. As the first 120 megawatts becomes fully operational, this capacity can scale to over two lakh H100-equivalent GPUs,” the company stated in its AGM.

Reliance Intelligence is building trusted, affordable and multilingual AI services, designed to be accessible in 22 Indian languages.

This capacity places Reliance among the largest AI infrastructure platforms being built anywhere in the world. “When compute become affordable, innovation becomes inevitable,” the chairman added.