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Jio, a Reliance Industries subsidiary, plans to go public in 2026, valued up to $95 billion.
Reliance Industries' Chairman, Mukesh Ambani, announced plans for Jio, the company's telecom arm, to file for an IPO in the first half of 2026, pending regulatory approvals.
Jio has surpassed 500 million subscribers and aims to expand its services globally, focusing on AI and digital services.
The IPO is expected to be one of the largest in India's history, with a potential valuation of Rs 7-8 lakh crore ($85-95 billion).
Ambani highlighted Jio's role in India's digital growth and its plans to enhance AI and digital offerings.
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Jio, una subsidiaria de Reliance Industries, planea hacerse pública en 2026, valorada en hasta $ 95 mil millones.