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Reliance Chairman Mukesh Ambani Says India Won't Import 80% Energy in Next Decade

Written by: Team Angel OneUpdated on: 5 Feb 2026, 6:00 pm IST
Mukesh Ambani says India can sharply cut energy imports over the next decade through technology, while Reliance pivots to AI driven deep-tech company.
Reliance Chairman Mukesh Ambani Says India Won't Import 80% Energy in Next Decade
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Reliance Industries Chairman Mukesh Ambani has said that India will not remain dependent on importing nearly 80% of its energy over the next decade, highlighting the country’s potential to achieve large scale energy self sufficiency through technology, infrastructure investment, and innovation. 

India’s Energy Self Sufficiency Roadmap 

Speaking at a Jio BlackRock event in Mumbai on February 5, 2026, Ambani noted that India currently imports close to 80% of its energy needs.  

However, technological breakthroughs in renewables, storage, and energy systems could make India reasonably self sufficient within the next ten years. He stressed that solving the energy challenge is central to sustaining long term economic growth. 

Reliance Role in Energy Transition 

Ambani highlighted Reliance Industries role in supporting this transition, citing the company’s operations at the Jamnagar refinery in Gujarat and its rapid expansion in renewable energy. 

Investments in clean energy, infrastructure, and advanced technologies are expected to reduce external vulnerabilities and strengthen India’s economic resilience. 

Long Term Growth and Economic Potential 

Ambani said India, currently a $4 to $4.5 trillion economy, has the potential to grow into a $25 to $30 trillion economy over the next 3 decades. He added that sustained double digit growth is achievable if India maintains law and order, policy stability, and social harmony for 15 to 20 years. 

Read More: Reliance Industries Share Price in Focus as Delhi High Court Clears Government Appeal in $3.86 Billion PMT Gas Fields Arbitration! 

Reliance Transformation into AI Deeptech Company 

At the same event, Ambani shared a draft Reliance AI manifesto, outlining plans to transform the conglomerate into an AI native deeptech enterprise with advanced manufacturing capabilities.  

The objective is to achieve a 10 fold increase in productivity by using artificial intelligence and agentic automation to eliminate repetitive tasks, accelerate workflows, and improve decision making while retaining human accountability. 

AI and Energy Systems of the Future 

Ambani noted that artificial intelligence is already reshaping global energy systems and productivity. He said long horizon investments in AI, energy independence, and infrastructure will define India’s growth story over the next 10 to 30 years, creating a multi decade opportunity for investors and entrepreneurs. 

Vision for Indian Enterprises 

Sharing an optimistic outlook, Ambani said he envisions the emergence of 100 new Reliance scale enterprises in India over time. He believes that widespread participation in capital markets and innovation driven growth will be key to ensuring inclusive economic prosperity. 

Conclusion 

Mukesh Ambani’s remarks underline a strong conviction that India’s future growth will be anchored in energy self sufficiency, technological innovation, and AI driven productivity. With reduced dependence on energy imports and a focus on deeptech transformation, India is positioned for sustained economic expansion over the coming decades. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Feb 5, 2026, 12:30 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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