RIL Sets Bold EBITDA Targets Powered by Green AI & Retail Digitalization
During its latest annual review, Reliance Industries Limited (RIL) reported a massive capital expenditure of ₹1,44,271 crore for the fiscal year ended March 31, 2026 (FY26). The conglomerate’s massive spending is part of a broader investment cycle that has exceeded ₹6.48 lakh crore over the past five years. Backed by these deep investments, RIL has established a strategic target to reach ₹4 lakh crore in consolidated EBITDA by 2031, effectively doubling its record-breaking FY26 EBITDA of ₹2,07,911 crore.
Jamnagar Green AI Hub & JioMart Quick Commerce Expansion
A major pillar of this future growth is RIL’s sovereign AI backbone in Jamnagar, Gujarat. The first phase, boasting a 120 MW capacity, is scheduled to be commissioned by the end of 2026. Powered entirely by green energy from Kutch, this facility will run on NVIDIA’s advanced GB300 GPUs to offer cutting-edge localized AI services. Concurrently, RIL is expanding JioMart’s quick commerce footprint. Rather than relying on standard dark stores, JioMart is leveraging Reliance Retail’s network of over 3,000 physical stores across 1,150+ cities to process 1.6 to 2 million daily orders.
