Reliance Industries to form ₹855 crore JV with Meta for enterprise AI in India

Reliance Industries Chairman and Managing Director Mukesh Ambani on Friday, August 29, announced that the company will form a joint venture with Meta to build and scale enterprise artificial intelligence (AI) solutions for India and select international markets. He described the partnership as a “game changer” at the company’s Annual General Meeting, underlining its potential to accelerate digital adoption across industries.

Both companies have committed an initial investment of about ₹855 crore (US$100 million), with RIL holding a 70% stake and Meta the remaining 30%. The transaction is expected to close in Q4 2025, subject to regulatory approvals.

The JV will leverage Meta’s advanced open-source Llama models to deliver an enterprise AI Platform-as-a-Service, offering secure, full-stack environments for organisations to customise, deploy, and govern generative AI models.

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Mukesh Ambani, Chairman and Managing Director of RIL, said the partnership would “democratise enterprise-grade AI for every Indian organisation – from ambitious SMBs to blue-chip corporates, enabling them to innovate faster, operate more efficiently, and compete globally.”

It will also provide pre-configured AI solutions tailored to both cross-functional and sector-specific use cases spanning sales, IT, customer service, finance, and more. With RIL’s reach across industries and small businesses, the venture aims to deliver enterprise-grade AI at affordable price points and at scale.

Meta Founder and CEO Mark Zuckerberg called the partnership a key step in “putting Meta’s Llama models into real-world use” and said it would expand Meta’s enterprise footprint. Speaking at RIL’s AGM, he added, “At Meta, we want to deliver personal superintelligence to everyone. With Reliance’s reach and scale, we can bring AI to every corner of India.”