Reliance Industries Chairman and Managing Director Mukesh Ambani on Friday said the conglomerate is entering the execution phase of its artificial intelligence (AI) strategy, with plans to build a profitable AI infrastructure, platform and services business while supporting India's ambitions of becoming a global technology leader.

Addressing shareholders at Reliance Industries' 49th Annual General Meeting, Ambani said India must move beyond being a consumer of emerging technologies and become a creator of globally competitive innovations, news agency ANI reported.