The Economic Times

Deven Choksey on Reliance's $110 billion AI bet and what it means for investors and India's tech future

Reliance Industries plans a massive $110 billion investment in data centers and AI infrastructure. This move aims to utilize cheap solar power for computing. By 2030, Reliance targets 1 gigawatt of data center capacity, potentially generating significant revenue. The company's strong EBITDA and planned demergers suggest a focus on shareholder rewards.