RIL to sign pact with Israeli big data and smart city tech provider

The tie-up with mPrest will help RIL's energy business, as well as Jio, its telecom business

Mukesh Ambani-led Reliance Industries (RIL) is set to sign a memorandum of understanding (MoU) with Israeli tech major mPrest, a global technology provider, during the visit of Israeli Prime Minister Benjamin Netanyahu to India. This could be considered RIL’s move to get deep into the smart city, big data, defence and critical infrastructure space.

This is one of the 10 important MoUs to be signed between Indian and Israeli companies. mPrest is part of the largest-ever business delegation from Israel, which would accompany the Israeli PM, who is arriving on Sunday.

According to sources, under the MoU, RIL would get