Reliance Aims to Become a Deep-Tech and Advanced Manufacturing Company, Says Mukesh Ambani
During an interview, Mukesh Ambani, Chairman of Reliance Industries, shared the company's vision to focus on deep-tech and advanced manufacturing. Reliance is steering clear of high-risk ventures and is committed to developing downstream technologies, particularly in Artificial Intelligence (AI). Ambani emphasized the importance of staying ahead in the rapidly evolving technological landscape.
Reliance Industries aims to become a deep-tech and advanced manufacturing company, as stated by Chairman Mukesh Ambani during an interview with McKinsey and Company. Ambani emphasized the need for the next generation to succeed in the rapidly changing technological landscape. The company's journey into deep-tech began with the launch of Jio's 5G service in 2021, where they developed every aspect in-house. Ambani stressed the importance of being better while staying humble, leading to unique services in the market.
Reliance's focus on technology development originated from the challenges faced in licensing technology from abroad. Ambani encouraged his team to be owners of technology and innovators. The company aims to solve complex problems and create wealth by developing downstream technologies in the AI space, avoiding high-risk ventures.
According to the source: Moneycontrol.
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