India, Jan. 12 -- Reliance Industries Chairman Mukesh Ambani has pledged to invest Rs 7 lakh crore in Gujarat over the next five years. As reported by multiple media channels, speaking at the Vibrant Gujarat Regional Conference, Ambani outlined a plan to turn the state into a global leader in artificial intelligence and renewable energy. This new commitment doubles the company's previous five-year investment of Rs 3.5 lakh crore.

The strategy relies on a "Sand-to-Electrons-to-Green-Molecules" framework. This approach focuses on making the hardware needed for a carbon-free economy while building a massive digital infrastructure.

A central part of the investment is the creation of India's largest AI-ready data center in Jamnagar. Reliance...