Reliance is not just chasing profits anymore—it’s chasing power. Not political power, but technological dominance. In a world moving fast with AI, robotics, and 5G, Mukesh Ambani wants his company to build the future, not just buy it.
In a fresh interview with McKinsey & Company’s Leading Asia series, Ambani shared a clear vision: Reliance will become a deep-tech and advanced manufacturing giant. And this isn’t some vague goal—this mission began years ago.
It Started with Jio
Remember when Jio launched 5G in 2021? That was the turning point.
“We built everything ourselves—hardware, software, the whole stack,” Ambani said. “We only used Nokia and Ericsson for about 20%, just to double-check our 80%.”
This wasn’t just about cost-saving. It was about control. Reliance didn’t want to be at the mercy of foreign tech anymore. And Ambani made sure his team didn’t get cocky, either. “I told them to be better than the best, but stay grounded,” he added.
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From License Takers to Tech Owners
Ambani admitted that Reliance used to rely heavily on tech licenses from abroad.
“We were users of tech. We had to get licenses. It was risky. One failed plan, and you could lose your shirt,” he said.
So, the mindset had to change. Instead of borrowing tech, Reliance would now own it. This shift from being a licensee to a creator is what fuels the company’s deep-tech ambition.
Playing It Smart with AI
While many tech giants are throwing billions into AI and GPUs, Reliance is playing a smarter game.
Ambani said the company will avoid the high-stakes GPU race and instead focus on solving real problems for India—things like infrastructure, health, and energy—by developing downstream AI solutions.
“Let’s solve complex problems for society. Let’s create wealth for the people. That’s our goal,” said Ambani.
The Bigger Picture
Reliance is already one of India’s biggest and most profitable companies. But Ambani is thinking ahead. Deep-tech and manufacturing aren’t just buzzwords—they’re India’s future. And Reliance wants to lead the charge.
This isn’t just about Reliance. It’s about self-reliance.
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