At Reliance Industries’ 48th Annual General Meeting, Chairman Mukesh Ambani formally revealed plans to list the telecom giant Reliance Jio in the first half of 2026. He emphasized that preparations are underway and subject to regulatory approvals. Ambani expressed confidence that Jio’s public offer will showcase the company’s ability to deliver global-scale value, calling it “a very attractive opportunity for all investors.”
Ambani also shared that Jio has crossed the landmark of 500 million users and reiterated the company’s contributions to India’s digital ecosystem—particularly through enabling Aadhaar, UPI, and the rise of hundreds of Indian unicorns.
In addition to the IPO, Ambani announced that Jio would be expanding internationally and venturing into artificial intelligence development. He introduced Reliance Intelligence, a new venture aimed at establishing AI infrastructure and capabilities within the country.
He outlined a five-point roadmap for Jio’s next growth phase:
- Achieve nationwide mobile and broadband connectivity.
- Offer advanced digital services to homes (e.g., Jio Smart Home, JioTV+).
- Digitize businesses via secure platforms.
- Drive a vision of “AI Everywhere for Everyone.”
- Accelerate global expansion.
Reference is taken from here.