Reliance Industries

Why boycott?

Reliance Industries is owned by the Indian billionaire Mukesh Ambani and has significant investments in the occupation state (source).

Background
Mukesh Ambani’s Reliance Industries has hosted Zionist occupation companies, including SimilarWeb (סימילרווב) and Perion (source).

Reliance Industries has actively contributed to the growth of the occupation state’s high-tech ecosystem through various initiatives (source: PDF file, source 2).

As of 2014, Reliance Industries’ subsidiary Reliance Jio placed a major order with the Israeli company Airspan Networks for telecommunications equipment and simultaneously acquired a shareholding in the company (source 1, source 2).

As of 2017, Reliance Industries invested 25 million US dollars in the Jerusalem Innovation Incubator (JII), which is supported by the Zionist occupation government. Reliance Industries supports startups in artificial intelligence (AI), cybersecurity, and financial technology (fintech), which are sectors central to the occupation state’s technology and defense industry (source 1, source 2, source 3, source 4, source 5, source 6).

Through its Jio GenNext initiative, Reliance Industries has also contributed to the development of over 100 Zionist startups in the occupation state, most recently in 2024, when Reliance Retail entered into a joint venture with the Israeli Delta Galil Industries (source 1, source 2, source 3, source 4).