Mumbai: Renowned industrialist Mukesh Ambani on Thursday said his oil-to-telecom conglomerate is not in the business of making short-term profits and accumulating wealth but is focused on creating wealth for the country.
At the 47th Annual General Meeting of the shareholders of Reliance Industries Ltd. (RIL), he said that the company is working for the energy security of the country. He said that Reliance has now become a net producer of technology and is turning into a leading technology company.
Ambani, who is also the chairman and managing director of RIL, said artificial intelligence (AI) has opened up opportunities to solve complex problems faced by humans. On the country’s economy, he said India is one of the biggest growth engines in the world and it is no longer just a driver of the economy.