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‘Will prove AI doesn’t take away jobs’: Mukesh Ambani at AI Impact Summit

Addressing the Summit, Ambani expressed optimism about India’s potential, saying it will emerge as one of the greatest AI powers in the world in the 21st century

February 19, 2026 / 13:12 IST
Reliance Industries chairman Mukesh Ambani
Snapshot AI
  • AI will create high-skill jobs, not eliminate them, says Ambani
  • India set to become a leading global AI power, Ambani asserts
  • Reliance to invest Rs 10 lakh crore in AI over 7 years

At the AI Impact Summit India 2026, Reliance Industries chairman Mukesh Ambani sounded a positive note on artificial intelligence, saying it will not eliminate jobs but create high-skill employment opportunities.

“We will prove that AI does not takes away jobs. Rather, it will create new high-skill work opportunities,” he said addressing concerns over automation replacing workers.

‘India will emerge as one of the greatest AI powers’

Addressing the Summit, Ambani expressed optimism about India’s potential, saying it will emerge as one of the greatest AI powers in the world in the 21st century.

“My confidence is validated by an undeniable truth. In the coming decades, no country in the world can match India's strength in demography, democracy, development, digital infrastructure, data generation, AI harvest. India is the world's largest mobile data consumer. Nearly 1 billion internet users, data costs among the lowest globally. And in terms of quality, there is no difference between Delhi and the remotest Indian village,” he said.

“Second, Aadhaar, 1.4 billion digital IDs. Third, UPI processes over 12 billion transactions monthly. Fourth, India ranks among the top three startup ecosystems with 100,000 startups and 100 plus unicorns. Fifth, India's secure and inclusive digital public infrastructure stack is now being adopted by countries around the globe,” he added.

He further noted that social relevance, not momentary craze, should drive AI growth in India.

Jio with Reliance to invest Rs 10 lakh cr over 7 years

Ambani on Thursday also announced Rs 10 lakh crore investment by his group as he promised to revolutionise artificial intelligence, as he did with mobile data.

"Jio with Reliance will invest Rs 10 lakh cr over the next 7 years starting this year," he said. "This is not speculative investment. It is not for chasing valuation. This is patient, disciplined nation-building capital."

The biggest constraint in AI is not scarcity of talent, but high cost of compute, he said. "Jio Intelligence will build India's sovereign compute infrastructure." This includes gigawatt-scale data centres.

Ambani said the best of AI is yet to come and that AI can usher in an era of super abundance.

Moneycontrol News
first published: Feb 19, 2026 01:00 pm

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