Reliance Industries chairman and managing director Mukesh Ambani announced major milestones and future plans for Jio at the company’s 48th Annual General Meeting in Mumbai. From a confirmed IPO timeline to a new artificial intelligence strategy, Ambani outlined Jio’s roadmap for the coming years.
Jio IPO by First Half of 2026
Ambani confirmed that Reliance Jio Platforms will file for its Initial Public Offering (IPO) in the first half of 2026, pending regulatory approvals.
“Today, it is my proud privilege to announce that Jio is making all arrangements to file for its IPO,” Ambani told shareholders. He added that the listing would prove Jio’s ability to create value on par with leading global companies, calling it a “very attractive opportunity for investors.”
Global Expansion and AI Development
Ambani also revealed that Jio will expand operations overseas and build its own artificial intelligence technology. With the launch of its “AI Everywhere for Everyone” vision, Jio aims to bring advanced digital solutions to both individuals and enterprises in India and abroad.
Jio Crosses 500 Million Customers
Marking its 10th year of operations, Jio has surpassed 500 million customers. Ambani credited the company with reshaping India’s digital landscape, from offering free voice calls to enabling affordable mobile video streaming.
He highlighted Jio’s role in laying the foundation for India’s digital public infrastructure, powering platforms such as Aadhaar and UPI, and helping fuel the country’s startup ecosystem with more than 100 unicorns.
Five Priorities for Jio’s Next Growth Phase
Ambani outlined Jio’s focus areas for the future:
- Connecting every Indian through mobile and home broadband.
- Equipping households with services such as Jio Smart Home, JioTV+, and Jio TV OS.
- Digitising businesses with secure platforms.
- Driving an AI revolution with the motto “AI Everywhere for Everyone.”
- Expanding overseas operations.
New Products and Innovations
Jio executives also introduced new products set to shape the company’s next chapter:
- JioPC: A device that transforms any TV or screen into a full-feature, AI-ready computer.
- JioFrames: An AI-powered wearable platform supporting multiple Indian languages, featuring a multilingual AI voice assistant for hands-free interaction.
“Jio will herald the AI revolution in India,” Ambani said, while his son Akash Ambani showcased the company’s upcoming hardware innovations.
The Bigger Picture
With the IPO on the horizon, a customer base of over 500 million, and ambitious plans in AI and global markets, Jio is positioning itself not just as India’s digital leader but as a serious global player.
