Archive · 2 Sep 2025
Morgan Stanley: Reliance to Benefit from China's Strategy
Morgan Stanley believes Reliance Industries will gain from China’s changing business strategy.
China is trying to reduce too much production in some areas, and Reliance could benefit.
Reliance is building solar supply chains in India.
These changes could lower Reliance's energy costs.
Also, Reliance is starting 'Reliance Intelligence' to improve AI in India, in partnership with Google.
Reliance will grow from AI, new energy, and changes in Chinese business strategy.
Morgan Stanley predicts Reliance will gain from China’s 'anti-involution' push.
Reliance is developing a fully integrated solar supply chain in India.
China's overcapacity could lower Reliance's energy costs by up to 40% by 2030.
Involution-related gains could add around $20 billion to Reliance’s NAV.
Reliance is launching 'Reliance Intelligence' for AI development, partnering with Google.
- Who
- Morgan Stanley
- What
- Anticipates Reliance will be the biggest beneficiary of China’s 'anti-involution' push across energy and solar supply chains.
- When
- Tuesday
- Where
- India and China
- Why
- China's push to curb overcapacity and Reliance's efforts to streamline its businesses.
- Company
- Reliance Industries Ltd (RIL)
- Analyst
- Morgan Stanley
- Solar Supply Chain
- Fully integrated in India
- New Energy NAV estimate
- $25 billion for FY27
- Involution impact
- $20 billion to Reliance's NAV and 17% to its FY28 EPS
- AI initiative
- Reliance Intelligence
Sources
Reliance to gain as China curbs price wars, Morgan Stanley Says
Morgan Stanley’s bullish India bet: Sensex to hit 89,000 by June 2026—What’s driving the rerating surge?
Morgan Stanley ups RIL target price on China's 'anti involution' focus
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