Mukesh Ambani pledges Rs 7 lakh crore to turn Gujarat into green energy and AI hub

Reliance Industries Chairman Mukesh Ambani has pledged to invest Rs 7 lakh crore in Gujarat over the next five years. As reported by multiple media channels, speaking at the Vibrant Gujarat Regional Conference, Ambani outlined a plan to turn the state into a global leader in artificial intelligence and renewable energy. This new commitment doubles the company's previous five-year investment of Rs 3.5 lakh crore.

The strategy relies on a "Sand-to-Electrons-to-Green-Molecules" framework. This approach focuses on making the hardware needed for a carbon-free economy while building a massive digital infrastructure.

Building India’s largest AI infrastructure

A central part of the investment is the creation of India’s largest AI-ready data center in Jamnagar. Reliance Jio will use this facility to launch a "people-first" intelligence platform. The project aims to provide affordable AI services in local languages on personal devices. Ambani stated that making AI accessible is the key to increasing national productivity.

The 100 GW renewable target

Reliance intends to establish 100 GW of renewable energy by 2030. This figure represents 20% of India’s national target of 500 GW. The Jamnagar Solar PV Giga Factory is the heart of this effort.

The factory integrates the entire manufacturing process, from raw quartz to finished modules. Reliance has already produced high-efficiency heterojunction (HJT) modules. These panels provide 10% higher energy yields than standard industry models. Localizing this supply chain reduces the need for imported parts, which often slows down large projects.

Solving energy storage and hydrogen costs

To fix the problem of inconsistent wind and solar power, Reliance is building a massive battery factory in Jamnagar.

• Battery Production: Production starts in 2026 with an initial capacity of 40 GWh, eventually scaling to 100 GWh.

• New Technology: The company is moving toward sodium-ion battery technology. These batteries use abundant materials, which may lower the cost of round-the-clock renewable power.

For heavy industries like steel and fertilizers, Reliance is scaling green hydrogen production. The company aims to produce 3 million metric tonnes per year by 2032. By using a new electrolyzer factory, Reliance expects to bring the cost of hydrogen below USd 1.50 per kilogram. This price point would allow heavy industry to switch away from carbon-heavy fuels.

A corporate blueprint for net-zero

Reliance set a target to reach net-carbon zero by 2035. This goal is 35 years ahead of India’s national 2070 target. The company is currently converting its oil-to-chemicals business into a sustainable operation. This includes doubling PET recycling capacity to 5 billion bottles every year.

Ambani described the Rs 7 trillion plan as a commitment to elevate the regional economy. He noted that while global markets remain uncertain, India is resilient, and Gujarat remains the core of Reliance’s industrial identity.