Mukesh Ambani: India will be fastest emerging global innovation hub: Mukesh Ambani

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India will soon be the world’s fastest emerging global innovation hub, Reliance Industries chairman Mukesh Ambani said in a conversation with Nvidia chief executive officer (CEO) Jensen Huang.

Speaking at the Nvidia AI Summit in Mumbai on Thursday, Ambani said India is now one of the top countries in digital infrastructure, alongside the US and China.

“India now has the best digital connectivity infrastructure, apart from the US and China, with 4G, 5G, and broadband systems in the world,” he said.

Ambani also noted the scale of Reliance Jio’s impact on India’s digital landscape. “We delivered about 16 exabytes of data this year, and in the US, you pay $5 per GB. Globally, it’s around $3.50, but Jio delivers data at just 15 cents per GB,” he added.

He estimated that technology provides customer value between $500 billion and $700 billion annually.


India would drive intelligence on a global scale, he said. “India will be one of the biggest intelligence markets, actually going to drive intelligence,” Ambani asserted, adding, “Indians will not only export CEOs to the world’s largest companies but hundreds of millions of Indians.”

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Today, Reliance and Nvidia announced a key partnership to build advanced AI infrastructure. “Reliance and Nvidia are partnering to build AI infrastructure here in India,” Huang said.”We are building infrastructure at Jamnagar for one gigawatt, expandable to multiple gigawatts,” Ambani added.

He also outlined ambitious plans to develop an AI model, stating, “We will have an Indian model, which might be 10x of Lama.”

Reliance is also planning a development center to train developers. “We are looking forward to training hundreds of thousands of developers in India to use Nvidia’s tools and apply intelligence in a practical way,” he said.



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