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Reliance Industries Ltd’s investments in new energy and artificial intelligence (AI) infrastructure are set to drive a projected $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 $240 billion, Reliance’s future growth hinges heavily on scaling its diversified verticals, particularly in new energy and AI.
Gen AI is the next frontier for Reliance as it retools the…
