Reliance AGM 2025: India-First Vision, Jio IPO by H1 2026, New AI Subsidiary & More
Mukesh Ambani, at Reliance Industries' 48th AGM today (August 29, 2025), highlighted India’s unstoppable rise with an India-first model, revealed Jio’s IPO plans for early 2026, launched ‘Reliance Intelligence’, deepened AI partnerships, and compared AI to 'Kamdhenu'.
Reliance Industries held its much-anticipated 48th Annual General Meeting on August 29, 2025. The event was packed with bold declarations and strategic moves — here are the key updates:
India’s Rise & India-First Model
Mukesh Ambani opened with a powerful message: “Despite geopolitical uncertainty, one truth is crystal clear — India is on the rise, and India’s rise is unstoppable.” He proposed an “India-first” development model, aiming to balance national interests with economic growth.
Jio IPO Slated for H1 2026
In a much-anticipated move, Ambani announced plans to list Reliance Jio Infocomm in the first half of 2026. The telecom giant now serves over 500 million subscribers and the IPO could be among India’s largest, potentially valued at $112 billion and raising around $6 billion.
Launch of ‘Reliance Intelligence’ & Deep Tech Push
RIL unveiled a wholly-owned AI subsidiary named Reliance Intelligence, signifying its commitment to becoming a Deep-Tech powerhouse. The company also deepened its AI collaboration with global tech giants Google and Meta.
AI as the "New Kamdhenu"
Ambani compared artificial intelligence to the mythological “Kamdhenu,” calling it a divine, wish-fulfilling force capable of tremendous productivity gains. He emphasized the convergence of AI, clean energy, and genomics as the next frontier ushering in an era of “super abundance and super affordability.”
Sources:
Times of India – India’s rise unstoppable: Mukesh Ambani for India-first development model at RIL AGM
Times of India Tech – Reliance AGM 2025: Launch of Reliance Intelligence, partnerships with Google & Meta
Financial Times – Billionaire Ambani says he will list India’s largest mobile network next year

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