Reliance Industries' Mukesh Ambani Seeks Support from Tech Giants Amid US Sanctions

Reliance Industries' chairman Mukesh Ambani has summoned all hands on deck to navigate the company through the biggest geopolitical storm of its five decades as a public company. The billionaire has enlisted the help of friends and family, including Alphabet, Meta, and Disney CEOs, as well as Saudi Arabia's Public Investment Fund. Ambani's older son, Akash, has been tasked with keeping the Americans happy by delivering a mega IPO of the group's digital services business. The company is also developing AI solutions with Google and Meta.

Reliance Industries (RIL) is navigating through one of its most significant geopolitical storms in its five-decade history as a public company. The company, under the leadership of Mukesh Ambani, has summoned an array of strategic partners to bolster its position and ensure sustainable growth. Ambani's approach involves leveraging the expertise of global tech giants and state-backed funds to fortify RIL's digital services business and AI capabilities.

Ambani has enlisted the help of friends and family, including Alphabet, Meta, and Disney CEOs, as well as Saudi Arabia's Public Investment Fund (PIF). His son, Akash Ambani, has been tasked with orchestrating a mega IPO of the group's digital services business, aiming to attract significant investment and establish a strong financial footing [3]. This move is part of a broader strategy to diversify RIL's revenue streams and mitigate risks associated with traditional energy sectors.

In addition to the IPO, RIL is developing AI solutions in collaboration with Google and Meta. These partnerships are designed to enhance RIL's technological capabilities and drive innovation in areas such as data analytics, machine learning, and artificial intelligence. The integration of advanced AI solutions will not only improve operational efficiency but also create new revenue streams and competitive advantages [3].

RIL's green energy initiatives are also gaining traction. The company has unveiled an ambitious plan to establish the world's most comprehensive new energy system, focusing on renewable energy investments and green hydrogen production. This strategic shift aligns with RIL's long-term vision of making India self-sufficient in energy while addressing the trilemma of energy security, affordability, and sustainability [2]. The company aims to produce 3 million tonnes of green hydrogen annually by 2032, with a target of producing hydrogen at a price point below $1 per kg [2].

Moreover, RIL has announced plans to double its EBITDA within the next five years, with a focus on expanding its energy and digital services businesses. The company's 48th Annual General Meeting (AGM) saw Mukesh Ambani restate his commitment to transforming India digitally and empowering its citizens through technology [3].

In conclusion, Reliance Industries is leveraging strategic partnerships and innovative initiatives to navigate the current geopolitical challenges. By focusing on digital services, green energy, and AI solutions, RIL is positioning itself for long-term growth and sustainability.

References:
[1] https://www.etnownews.com/markets/stocks-to-watch-today-on-september-1-reliance-industries-adani-power-torrent-power-bhel-ioc-and-more-article-152567040
[2] https://timesofindia.indiatimes.com/business/india-business/ril-unveils-green-energy-plan-ambanis-outline-solar-and-hydrogen-push-pushes-for-self-reliance-in-power/articleshow/123599373.cms
[3] https://www.etnownews.com/markets/ril-agm-2025-reliance-jio-ipo-listing-plan-announced-by-mukesh-ambani-article-152544054