India's Tech Services Industry Sees AI Coding as Multi-Million Revenue Opportunity

The Indian tech services industry is embracing "vibe coding," a method of software development using conversational language and AI assistants. Large enterprises, including Tata Consultancy Services, Infosys, and Wipro, are adopting AI code generators like GitHub Copilot. Microsoft's Copilot has surpassed 20 million users and is growing 75% among enterprise customers. Analysts predict that AI coding tools will become a significant market in India, with modest adoption levels potentially translating to millions of AI-assisted coders and shifting billing models.

Reliance Industries Limited (RIL) and Meta have announced a strategic partnership to enhance AI capabilities in India, marking a significant step forward in the country's digital transformation. The joint venture, announced during RIL's 48th Annual General Meeting (AGM), combines Meta's open-source Llama models with Reliance's robust digital backbone to deliver enterprise-grade AI solutions tailored for Indian businesses [1].

Mukesh Ambani, Chairman and Managing Director of RIL, expressed his enthusiasm about the partnership, stating, "Partnering with Meta brings our vision of providing AI to every Indian and enterprise to life—by combining Meta’s widely adopted Llama models with our deep expertise across industries. We will democratize enterprise-grade AI for every Indian organization—from ambitious SMBs to blue-chip corporates—enabling them to innovate faster, operate more efficiently, and compete confidently on the global stage" [1].

The partnership involves an initial investment of about Rs 855 crore ($100 million), with RIL holding a 70% majority stake and Meta holding the remaining 30%. This investment is expected to close by the end of FY26 [1].

In addition to the joint venture, RIL has formed a new wholly-owned subsidiary, Reliance Intelligence, which will focus on building next-generation AI infrastructure. This subsidiary will develop gigawatt-scale, AI-ready data centers powered by green energy, create solutions for critical sectors such as education, healthcare, and agriculture, and foster world-class AI talent [1].

The partnership with Meta is part of a broader trend in India's tech services industry, which is embracing "vibe coding," a method of software development using conversational language and AI assistants. Large enterprises, including Tata Consultancy Services, Infosys, and Wipro, are adopting AI code generators like GitHub Copilot. Microsoft's Copilot has surpassed 20 million users and is growing 75% among enterprise customers [2].

The Indian AI market is projected to surge to $257.45 billion by 2035, driven by scalable, energy-efficient innovations and strategic alliances between the government and private sector [3]. Reliance's strategic alliances with Google and Meta position it to capture a significant share of this growing market.

The implications for deep-tech investment are profound. Reliance’s approach—sovereign data control, vertical integration, and export-ready AI solutions—positions it to dominate India’s AI value chain. The company’s focus on sectors like healthcare and agriculture aligns with both economic and social returns. However, global macroeconomic uncertainties could introduce volatility, but Reliance's emphasis on green energy and localized infrastructure mitigates some of these risks [3].

References:

[1] https://www.storyboard18.com/digital/reliance-meta-partner-for-enterprise-ai-solutions-for-india-79884.htm

[2] https://www.scmp.com/tech/big-tech/article/3323568/elon-musks-xai-launches-agentic-coding-model-rival-github-copilot-and-openais-codex?module=latest&pgtype=homepage

[3] https://www.ainvest.com/news/india-ai-infrastructure-revolution-reliance-strategic-alliances-google-meta-signal-high-growth-opportunity-2508/