Singh, who assumes the role with immediate effect, will now oversee the hiring of a “world-class team” at the company
An alumnus of Panjab University, Singh has previously worked at big tech giants like Google, Apple, Twitter (now X), and IBM as well as Singapore-based media group Medicorp
This comes months after Reliance and Meta banded together to form a JV, REIL, to build and scale enterprise AI solutions with an initial investment of about ₹855 Cr
Reliance Industries (RIL) has appointed former Google executive Parminder as the chief executive officer (CEO) of its AI subsidiary Reliance Enterprise Intelligence Ltd (REIL).
In a statement, the conglomerate said that Singh assumes the role with immediate effect. Commenting on the appointment, Jio Infocomm chairman Akash Ambani said that Singh will now oversee the hiring of a “world-class team” at the company.
Ambani added that he will bring a blend of “global technology leadership, deep Asian market intuition, and executive credibility” in his new role.
“… With Jio and Meta’s combined capabilities, we have a genuinely differentiated proposition. I am deeply honoured to lead this venture, and excited by what we can build together,” added Singh.
An alumnus of Panjab University, Singh has previously worked at big tech giants like Google, Apple, Twitter (now X), and IBM as well as Singapore-based media group Medicorp. More recently, he cofounded leadership advisory firm, ClayboxAI, and WeKamp, an AI-powered community platform.
This comes months after Reliance and Meta, in August 2025, banded together to announce a JV to build and scale enterprise AI solutions with an initial investment of about ₹855 Cr. Two months later, the conglomerate incorporated its AI-focused subsidiary REIL.
While RIL’s Reliance Intelligence Ltd invested ₹596.6 Cr in the subsidiary for a 70% stake, Meta subsidiary Facebook Overseas poured in the remaining ₹256.6 Cr for a 30% stake.
The JV aims to leverage Meta’s AI capabilities and open-source Llama models to build enterprise AI solutions, while RIL will provide AI compute infrastructure and access to its extensive enterprise network for distribution.
The partnership also aligns with the conglomerate’s bid to diversify into the deeptech sector, especially AI solutions, alongside its telecom, retail and energy businesses. As part of this, RIL’s chairman Mukesh Ambani, earlier this year at the IndiaAI Summit, committed an investment of ₹10 Lakh Cr in AI over the next seven years starting from 2026.
This comes as the Centre is pushing the pedal on developing indigenous AI technologies by offering sops and incentives to build Indic large language models (LLMs) and building AI compute infrastructure. In line with this, Sarvam AI earlier this year debuted its two large language models – a 30-Bn parameter model and a 105-Bn parameter flagship.
State-backed non-profit BharatGen launched Param 2, a 17-Bn parameter model trained extensively on Indian data across 22 languages.
In her Budget 2026-27 speech, finance minister Nirmala Sitharaman also allocated ₹1,000 Cr for the IndiaAI Mission to boost AI and data centre infrastructure.
At the heart of all this is the Indian AI market, which is projected to surpass $126 Bn by 2033, with a potential $1.7 Tn impact on GDP by 2035.
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