Reliance Industries and Meta announce a Rs 855 crore joint venture to develop enterprise AI solutions using Meta’s Llama models, signalling a major leap in India’s digital transformation.
Shares of Reliance Industries Ltd surged by 2% to hit a day’s high of Rs 1,483.50 on 27th October following the company’s announcement on advancing its enterprise artificial intelligence (AI) initiative in collaboration with Meta Platforms, the parent company of Facebook. This ...
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significant development marks a major milestone in the companies’ plans to revolutionise AI adoption across Indian industries.
Reliance Intelligence, a wholly owned subsidiary of Reliance Industries, recently invested Rs 2 crore to establish Reliance Enterprise Intelligence Limited (REIL). This entity is a joint venture between Reliance Intelligence and Facebook Overseas, Inc., a Meta subsidiary, intended to deliver enterprise-grade AI solutions. The investment represents the initial equity subscription as part of the broader Rs 855 crore ($100 million) commitment pledged by both partners. Reliance will retain a majority 70% stake, while Meta’s Facebook Overseas will hold the remaining 30%.
This alliance was first publicly disclosed by Reliance Chairman Mukesh Ambani at the company’s Annual General Meeting on 29th August 2025, where he described the venture as a “game changer” for digital transformation across industries in India. According to multiple reports, the joint venture aims to develop an enterprise AI Platform-as-a-Service (PaaS) leveraging Meta’s open-source Llama models. This platform is designed to help organisations deploy, manage, and scale generative AI applications securely.
The venture promises to offer ready-to-use AI solutions tailored to various sectors including sales, marketing, IT operations, customer service, and finance. Such solutions are expected to democratise access to advanced AI tools, enabling Indian enterprises of all sizes to benefit from AI-driven efficiencies and innovation. Beyond India, the collaboration will also help Meta expand its AI footprint in one of the world’s fastest-growing digital markets.
Industry data and media coverage confirm that REIL will play a pivotal role in bridging Meta’s AI expertise and Reliance’s extensive digital infrastructure, combining strengths that span technology, telecommunications, and consumer platforms. The partnership aligns with India’s broader push to accelerate AI adoption and leverage emerging technologies to boost economic growth.
At the time of the announcement, shares of Reliance Industries were trading robustly, reflecting investor confidence in the company’s forward-looking digital ventures. Market analysts have highlighted this partnership as one with the potential to transform enterprise operations and digital ecosystems in India, setting a precedent for further AI-driven collaborations.
In summary, the formation of Reliance Enterprise Intelligence Limited represents a strategic and financially significant joint venture between Reliance Industries and Meta Platforms. Its focus on enterprise AI solutions powered by Meta’s Llama models underscores a clear intent to drive large-scale adoption of generative AI technologies across Indian industries, promising to reshape the digital landscape with innovative, scalable, and sector-specific AI applications.
Source: Noah Wire Services
