New energy, AI infra to drive USD 50 bn market value rise for Reliance
New Delhi: Reliance Industries Ltd’s investments in new energy and artificial intelligence (AI) infrastructure are set to drive a projected USD 50 billion increase in the firm’s market value, according to Morgan Stanley analysts.
The oil-to-telecom-and-retail conglomerate, helmed by billionaire Mukesh Ambani, is gearing up for its next phase of value creation.
Currently valued at over USD 240 billion, Reliance’s future growth hinges heavily on scaling its diversified verticals, particularly in new energy and AI.
