August 31, 2025

Mumbai is buzzing as Reliance Industries, India's most valuable company, unveiled plans to list its digital arm, Jio Platforms, on the stock market by the first half of 2026! Chairman Mukesh Ambani revealed this exciting update at the annual general meeting on Friday. Imagine this: Jio Platforms drives Reliance Jio, India’s largest telecom with over 500 million subscribers—the second biggest globally after China Mobile. The upcoming IPO could be India’s biggest ever. It will give a golden chance for the 14 global investors like Google and Meta, who invested around five years ago, to exit with nearly double their original investment! Ambani confidently told shareholders, "I assure you this will demonstrate that Jio is capable of creating the same quantum of value as our global counterparts." Experts estimate Jio Platforms might be valued between $134 and $146 billion (Rs 11.2 to 12.19 lakh crore), ranking it within India’s top five companies by market value. To put that in perspective, Bharti Airtel’s market cap is Rs 10.77 lakh crore, while Reliance Industries stands tall at Rs 18.36 lakh crore. But wait, there’s more! Reliance is teaming up with tech powerhouses Google and Meta for some jaw-dropping AI developments. A hot new joint venture with Meta will develop enterprise AI solutions for India and beyond, with a joint Rs 855 crore investment expected to close by year-end. Mark Zuckerberg said, "Meta and Reliance are going to deliver our open source AI models to Indian businesses to help them fuel their work." Google is setting up a dedicated Jamnagar cloud region just for Reliance, packed with AI and computing power, all run on clean energy and connected through Jio's super-fast network. Sundar Pichai, Alphabet's CEO, added, "We are partnering for Reliance’s AI-led transformation across energy, retail, telecom and financial services." To power this AI dream, Reliance launched 'Reliance Intelligence,' a new venture to build massive, green-energy AI data centres. Ambani shared, "Work has already begun on the gigawatt scale AI data centres in Jamnagar, Gujarat." Reliance is also upping its cloud game with 'Jio AI cloud'—already hosting 40 million users offering 100 GB free storage—and plans to develop an "AI-powered memory companion," said Aakash Ambani. Starting his speech on a serious note, Ambani addressed current global uncertainties. "The global economy today is navigating through an era of great uncertainty...conflict produces no winners, whereas cooperation ensures shared prosperity," he said, underlining that nations must work together for growth and trade. On the retail front, a fresh investment of Rs 40,000 crore is lined up over three years to build integrated food parks aiming to crown Reliance as India’s largest FMCG company. Executive Director Isha Ambani expects the retail business to grow by over 20% annually, targeting Rs 1 lakh crore revenue in five years. So, with Jio's power-packed IPO, killer tech partnerships, and a blitz in FMCG, Reliance Industries is ready to dazzle India and the world. Stay tuned, the race to the future just got spicier!

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Tags: Reliance industries, Jio platforms ipo, Mukesh ambani, Artificial intelligence, Tech partnerships, Fmcg investment,