Key Points
Reliance plans to develop a 168 MW data center in Jamnagar, Gujarat, with Meta set to lease the facility as part of its expanding AI and cloud infrastructure strategy.
The facility will be powered entirely by renewable energy, reinforcing green AI commitments.
Meta and Reliance also plan to explore options to increase capacity at the Jamnagar site.
This deal builds on a $100 million joint venture between Meta and Reliance announced earlier this year.
India’s data centre landscape just reached a defining milestone. On June 10, 2026, Meta Platforms (NASDAQ: META) and Reliance Industries (NSE: RELIANCE) officially announced a strategic agreement to build a 168 MW AI-enabled data centre in Jamnagar, Gujarat. Reliance will construct the facility, which Meta will lease, with options to further scale capacity. Reliance has already begun construction of multi-gigawatt data centers in Jamnagar, with over 120 MW of capacity expected online in the second half of 2026. This is Meta’s first dedicated AI data centre in India and a clear signal that global tech giants are betting big on India’s digital infrastructure.
Meta’s First AI Data Centre in India
Meta describes the Jamnagar facility as “world-class,” designed to scale its AI infrastructure globally while deepening its long-term investment in India’s economy. The location is strategic; Jamnagar already hosts Reliance’s massive energy and refining operations, making it ideal for power-hungry AI workloads.
Key details of the facility:
- Capacity: 168 MW (Phase 1), with scale-up options confirmed
- Power source: 100% renewable energy
- Location: Jamnagar, Gujarat, India
- Operator: Reliance Industries (builder and landlord); Meta (tenant)
Paired with Meta’s Project Waterworth, the world’s longest subsea cable system, the hub will bring industry-leading connectivity to the region.
The RIL-META Partnership: A Growing Alliance
This data centre deal is not a standalone move. It builds on a $100 million joint venture between Meta and Reliance announced earlier in 2026, under which both companies agreed to use open-source Llama AI models to develop enterprise AI products for Indian businesses.
The partnership runs deeper historically:
- 2020: Meta made a landmark $5.7 billion investment in Jio Platforms
- 2026 (H1): $100 million JV for Llama-based enterprise AI
- June 10, 2026: 168 MW data centre agreement in Jamnagar
This investment reflects a shared vision between Meta and Reliance to accelerate India’s digital future.
META and RELIANCE Stock Snapshot
Both stocks are active on global markets as this deal breaks.
Meta Platforms (NASDAQ: META):
- META is priced at approximately $585.76, giving the company a market cap of $1.49 trillion, with a P/E multiple of 21.28.
- The 52-week high stands at $796.25, meaning shares are currently trading about 26% below that peak.
- Meta has earmarked $125 billion to $145 billion in capital spending for 2026, underscoring its aggressive investment push into AI infrastructure and data center expansion.
Reliance Industries (NSE: RELIANCE):
- RIL shares were trading at ₹1,263.3 on June 8, 2026, with a market cap of approximately ₹17,09,565 crore.
- The stock recently hit a 52-week low of ₹1,266.90, down 12% over the past month and underperforming the BSE Sensex.
- Reliance has unveiled a ₹10 trillion (~$110 billion) AI infrastructure plan over the next seven years.
India’s Data Centre Race Heats Up
Meta and RIL aren’t operating in a vacuum. India’s data centre sector is drawing massive capital from multiple directions in 2026.
- Adani Group outlined plans to invest about $100 billion to build AI data centers in India.
- OpenAI is partnering with Tata Group to develop around 100 MW of AI capacity, with plans to scale to 1 GW.
- L&T Vyoma signed an agreement with the Gujarat Government to build a 250 MW Green Data Centre in Dholera, investing ₹25,000 crore, with operations to begin by 2028.
Gujarat is clearly emerging as India’s preferred destination for next-gen data centre infrastructure.
What the 168 MW Means in Scale
To understand the weight of this deal, context matters. Reliance’s full Jamnagar campus is targeting a total capacity of 3 GW, which would make it five times the size of Microsoft’s 600 MW facility in Boydton, Virginia. The 168 MW Meta facility is the first confirmed phase of that mega-campus.
Mukesh Ambani has stated that “the biggest constraint in AI today is not talent or imagination, it is scarcity and high cost of compute,” framing this buildout as essential to India’s technological self-reliance.
Conclusion
The Meta-RIL 168 MW data centre deal in Gujarat is one of the most significant AI infrastructure announcements in India’s history. With Meta (NASDAQ: META) trading near $585 and RIL (NSE: RELIANCE) near ₹1,263, both companies are making long-term structural bets on AI compute. For the broader market, this deal signals that India and Gujarat specifically are rapidly becoming a critical node in the global data centre network.
Disclaimer
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
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