Reliance Industries has partnered with Meta in a Rs 855 crore deal to create and grow enterprise AI products for clients in India and some international markets.
The new company, Reliance Enterprise Intelligence Limited (REIL), is a fully owned subsidiary of Reliance Intelligence Limited, a joint venture between Reliance Industries and Meta Platforms. Reliance Intelligence will invest Rs 2 crore with a 70 per cent stake, while Meta Platform’s Facebook Overseas will hold the remaining 30 per cent, according to an October 25, 2025 stock exchange filing.
“REIL will be involved, among other things, in developing, selling and distributing enterprise AI services. No government or regulatory sanction was needed for the incorporation of REIL,” the BSE filing stated.
The alliance was announced by Mukesh Ambani at Reliance’s 48th annual general meeting in August. This comes amid India-US trade tensions and India’s push for ‘Swadeshi’ products, even as India’s billion-plus internet users make it crucial for US tech giants like Meta.
“We think this technology can unlock a new era of personal empowerment, allowing individuals to have more agency to make the world a better place in the ways they want. And that is why I am looking forward to this collaboration. It is an important step toward making sure everyone is able to access AI, and eventually superintelligence,” Meta CEO Mark Zuckerberg wrote to shareholders at the RIL AGM in August.
“Together, we want to match the strength of open-source AI with Reliance’s extensive domain expertise in industries. That is why, we are creating a dedicated joint venture with Meta to bring together open models and tools and our execution in energy, retail, telecom, media, and manufacturing, and provide sovereign, enterprise-ready AI for India,” said Ambani.
The firms will provide open-source AI models to Indian enterprises. Reliance has also partnered with Google to develop AI cloud infrastructure in India, starting with a data centre in Jamnagar, Gujarat.