Reliance Industries Limited (“RIL”) today announced a joint venture with Meta to build and scale enterprise artificial intelligence (“AI”) solutions in India and select international markets. Under the agreement, RIL and Meta will jointly invest approximately INR 855 crore (US$ 100 million), with Reliance holding a 70% stake and Meta holding 30%.
The joint venture will develop an Enterprise AI Platform-as-a-Service, designed as a secure, full-stack environment where organisations can customise, deploy, and manage generative AI models. This platform will support a wide range of business functions, including sales and marketing, IT development and operations, customer service, finance, and other critical workflows. By offering a controlled and scalable environment, it will allow enterprises to adopt advanced AI capabilities while maintaining flexibility and governance.
In addition to the platform, the venture will create a suite of pre-configured AI solutions. These solutions will be ready to deploy out of the box, reducing implementation time and effort for enterprises. They are designed to address both cross-functional needs, such as automation and analytics, and sector-specific requirements across industries like retail, manufacturing, and financial services.
Together, these two offerings aim to provide businesses with the tools they need to accelerate digital transformation. While the platform will empower enterprises to build and tailor AI models for unique requirements, the pre-configured solutions will enable rapid adoption of AI for common and industry-specific use cases. This dual approach ensures that organisations of all sizes can benefit from AI, whether through customisation or through immediate, ready-to-use applications.
Leveraging Meta’s open-source Llama models and Reliance’s proven digital delivery capabilities, the JV aims to deliver cost-effective, high-performance AI solutions at scale. The platform will offer flexibility to deploy across cloud, on-premises, or Reliance’s infrastructure, allowing businesses to optimise performance and manage costs effectively. The transaction is subject to customary regulatory approvals and is expected to close in Q4 2025.
Mukesh D Ambani, Chairman and Managing Director, Reliance Industries Limited, said:
“Through this partnership with Meta, we will democratize access to enterprise-grade AI for Indian companies – from emerging SMBs to global corporates. By combining Meta’s Llama models with Reliance’s deep industry expertise, we will help Indian enterprises innovate faster, run more efficiently, and compete globally.”
Mark Zuckerberg, Founder and CEO, Meta, said “We are excited to deepen our collaboration with Reliance to bring the power of open-source AI to Indian developers and enterprises. This venture will put our Llama models into practical use at scale, unlocking new opportunities for growth and innovation.”
Reliance Industries Limited is India’s largest private sector company, with consolidated revenue of INR 10,71,174 crore (US$ 125.3 billion), cash profit of INR 1,46,917 crore (US$ 17.2 billion), and net profit of INR 81,309 crore (US$ 9.5 billion) for the year ended March 31, 2025. Its businesses span hydrocarbons, petrochemicals, advanced materials, renewables, retail, digital services, and media. Reliance ranks 88th in Fortune’s Global 500 (2025) and 49th in the Forbes Global 2000 (2024).
