Collaboration has taken place between Reliance Foundation and London School of Economics to establish world class universities in India. The announcement on the same was made by LSE's Professor Lord Nicholas Stern. A lecture was delivered at LSE by Nita Ambani, Reliance Foundation's Chairperson and Mukesh Ambani's wife. There was also an address by the Director of the India Observatory and Chairman of the Asia Research Centre at the LSE.
Nita Ambani, who is also the Chairperson of Dhirubhai Ambani International School, said that the school located in Mumbai had produced some of the top talents in the country and some of the students are currently studying at the LSE. She added that Reliance Industries is seeking partnership with global players for a new venture aimed at bridging the gap between urban and rural India. Nita Ambani runs a foundation, covering 12 schools that educate 15000 children in India.