Mukesh Ambani's Vision: From Oil to AI

Asia's richest man Mukesh Ambani highlighted his oil-to-telecom conglomerate's focus on long-term wealth creation for the nation, its transformation into a technology leader, and India's economic potential during the annual shareholder meeting of Reliance Industries Ltd.

Asia's wealthiest individual, Mukesh Ambani, declared on Thursday that his oil-to-telecom conglomerate, Reliance Industries Ltd, aims for long-term wealth creation for the nation rather than short-term profits and hoarding of wealth.

Speaking at the company's annual shareholder meeting, Ambani emphasized Reliance's commitment to the country's energy security.

He also highlighted the company's emergence as a net producer of technology and its transformation into a deep tech firm, while noting the opportunities AI presents to solve complex human problems.

Ambani painted an optimistic picture of India's economy, describing it as one of the world's major growth engines.

(With inputs from agencies.)