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By Dalal Street Investment Journal (DSIJ)
Reliance Industries Ltd shares rose over 2% after the company announced a partnership with Meta Platforms Inc to develop a 168 MW AI-enabled data centre in Jamnagar, Gujarat. The facility will support Meta's global AI and computing needs. The deal marks Meta's first built-to-suit data centre project in India and strengthens Reliance's digital infrastructure business.
Reliance Industries Ltd shares gained more than 2% in early trade on Wednesday after the company announced a major partnership with Meta Platforms Inc to build an AI-enabled data centre in India.
The stock rose around 2.40% during the morning session and touched ₹1,300 on June 10, 2026. Investors reacted positively to the announcement, which strengthens Reliance's position in the country's growing digital infrastructure space.
Reliance Industries Ltd said it will develop a 168 MW data centre in Jamnagar, Gujarat, for Meta. The facility is expected to be completed within two years and can be expanded in the future if required.
This will be the first built-to-suit data centre facility for the tech company in India. Once the centre starts working, it will serve all the needs of Meta in terms of infrastructure, artificial intelligence workloads, and computing.
According to the partnership agreement, Reliance will be responsible for all lifecycle services related to the data centre project. These would include designing, construction, utilities management, renewable power provision, networking, and operational management services.
By handling everything that goes into making a large-scale AI infrastructure facility, Reliance hopes to establish itself as the one-stop solution provider for the big tech companies willing to start their operations in India.
“This partnership with Meta marks a transformative moment for India’s digital infrastructure. Building India’s first built-to-suit data centre for a global technology leader of Meta’s scale demonstrates India’s readiness to be at the forefront of the global AI revolution. At Reliance, we are committed to building world-class digital infrastructure that will power the next generation of AI innovation – not just for India, but for the world. Jamnagar will become a landmark destination for hyperscale AI computing, and we are proud to partner with Meta to make this vision a reality.”
"We're proud to be working with Reliance to build our first AI-enabled data centre in India. This world-class facility in Jamnagar will help us scale our AI infrastructure globally while deepening our long-term investment in India's economy."
Reliance Industries Ltd is one of India's largest private sector companies. The group has businesses across energy, petrochemicals, oil refining, telecommunications, retail and digital services. Through Reliance Retail and Jio Platforms, the company has built a strong presence in the consumer and technology segments, while continuing to expand its footprint in new growth areas such as renewable energy and digital infrastructure.
Meta Platforms Inc is a global technology company best known for operating social media platforms such as Facebook, Instagram, WhatsApp and Threads. Headquartered in Menlo Park, California, the company focuses on connecting people through digital platforms while investing heavily in artificial intelligence, virtual reality and next-generation computing technologies. Meta is among the world's largest technology firms and continues to expand its AI infrastructure across key markets.
Source: Dalal Street Investment Journal, RIL
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