Reliance Industries Set for $50 Billion Market Value Boost Driven by New Energy and AI Infrastructure

Reliance Industries Ltd, led by Mukesh Ambani, is set to gain a projected $50 billion in market value through major investments in new energy and AI infrastructure, according to Morgan Stanley. The company is revamping its Jamnagar complex to support generative AI and green energy operations. Plans include building a 1GW AI data centre powered by 1.3GW of green energy, using NVIDIA’s Blackwell chips. Reliance is also focusing on green hydrogen, battery manufacturing, and 10GW solar integration by 2026. These efforts aim to transform the company globally and position India as a key data centre hub.