Big news from Reliance AGM! Mukesh Ambani just announced Jio’s IPO is coming by mid-2026, alongside massive AI initiatives aimed at making technology accessible to everyone. With Jio crossing 500 million users, what monumental shifts can we expect in India’s digital landscape with these ambitious plans?
Reliance Industries Chairman Mukesh Ambani has outlined an ambitious roadmap for the conglomerate’s future, highlighted by the much-anticipated initial public offering (IPO) of Jio Platforms by the first half of 2026. This strategic move is poised to reshape India’s digital landscape, signaling a new era of growth and innovation driven by cutting-edge artificial intelligence solutions.
Speaking at the 48th Annual General Meeting (AGM), Ambani affirmed that Jio is actively making all necessary preparations to file its IPO, targeting a listing within the next two and a half years. While specific financial figures for the offering were not disclosed, earlier market reports speculated a potential valuation of around Rs 52,000 crore, significantly surpassing previous records for new issues in India.
Beyond the landmark Jio IPO, Ambani unveiled a bold vision for artificial intelligence, declaring Jio’s commitment to making AI “everywhere and for everyone.” This expansive strategy includes plans for Jio to transcend national borders, extending its operations globally and ensuring its transformative services reach every household for both telecommunications and entertainment purposes, representing a significant tech investment.
The integration of artificial intelligence is central to Jio’s expansion of the digital revolution. This forward-thinking approach aims to empower small businesses across India by providing them with access to powerful AI tools through user-friendly Jio platforms, fostering innovation and enhancing operational efficiencies on an unprecedented scale.
Mukesh Ambani also proudly announced that Jio has achieved a remarkable milestone, surpassing 500 million users. He underscored Reliance’s historical penchant for dreaming big, recalling how the company pioneered free calls in the telecom sector and emphasizing a new guiding philosophy of “innovation over capital-intensity” that fuels their growth and attracts gifted individuals to Reliance Industries.
The AGM also served as a platform for Ambani to detail Reliance’s robust financial performance for FY25, marking the company as the first Indian business to cross an impressive revenue threshold of $125 billion. These big-bang figures showcased another year of power-packed achievements, reinforcing Reliance’s dominant position in the market.
Articulating an “India first” model of development, Ambani expressed confidence in the nation’s capability to achieve a remarkable 10% growth rate. He highlighted the pivotal role of breakthroughs in clean energy, genomics, and artificial intelligence in leading humanity towards a developed future, advocating for global cooperation over conflict to ensure progress and sustained peace for Digital India.
