Complete AI transformation across RIL in 2024: Mukesh Ambani to employees

Reliance Industries chairman Mukesh Ambani on Thursday charted a roadmap to drive artificial intelligence adoption across all businesses. Addressing employees on Reliance Family Day - the birthday of the Group's founder Dhirubhai Ambani on December 28, the Reliance Chairman asked the company’s employees to complete AI transformation across all businesses in 2024.

According to Ambani, Reliance needs to boldly embrace data and AI to become better in decision-making and resource utilization to reinvent itself as a unique, new-age technology company.

With the New Year just around the corner, Ambani termed the three goals of 2024— to become a global leader in AI adoption, talent enrichment and cultivation of institutional cultures—as the consolidations.

"In the era of digital platforms, data has become a new factor of production along with talent and money. We need to be at the forefront of using data, with AI as an enabler for achieving a quantum jump in productivity and efficiency. All our growth engines of Reliance, digital services, green and bio-energy, retail and consumer brands, O2C and materials business and health and life sciences will have to complete this transformation by the time we meet next year. Further, we should accelerate our efforts to become a pioneer in developing AI to address and scale India’s urgent national priorities in education, healthcare, agriculture and employment creation," said the RIL chairman.

Meanwhile, while underlining the importance of building talent, skillsets and competencies, the RIL chairman asked the employees to expand and deepen the talent pool to be amongst the best in the world. “Investment in talent brings higher returns than investment in machines,” he added.

According to RIL chairman, with the fast changing domestic and global environment for businesses, “there is simply no room for complacency.”

"Reliance were never complacent in the past and Reliance will never be complacent in the future. We are known for disrupting the market, through constant innovation. We are known for disrupting the market through constant innovation and reinvention. We have shown the courage to set the bar high, and the ability to jump even higher to create new records. This is how Reliance has achieved perennial growth. And that is how we have remained true to our motto – Growth is Life," the RIL chairman says.

The RIL chairman vowed to list RIL among the top 10 global conglomerates.