Reliance under Mukesh Ambani's leadership is transitioning into a deep-tech and advanced manufacturing company to create a societal impact at scale, improving the lives of Indians.
Ambani emphasizes the shift from being technology licensees to technology owners, aiming for innovation and self-sufficiency.
Reliance has developed all components for Jio's 5G, including core, hardware, and software, with only minor support from Nokia and Ericsson.
The company's focus lies on becoming a deep-tech and advanced manufacturing entity, leveraging in-house technology capabilities for unique services.
Emphasizing a purpose-driven approach, Ambani highlights the alignment of AI development with societal problem-solving and wealth creation goals.
Despite substantial risks, the USD 25 billion investment in Reliance Jio has paid off, evidencing the importance of scale and taking bold steps.
Reliance is venturing into clean energy manufacturing, contributing to sustainable practices with a focus on green and clean energy systems.