Reliance Industries Chairman Mukesh Ambani on Friday announced that Jio is expected to go public by the first half of 2026, marking a major milestone for the telecom giant. Addressing shareholders at the 48th Annual General Meeting, Ambani said the groundwork is already in motion to ensure a successful listing.
5 highlights of Reliance Jio’s journey
In his speech, Ambani reflected on Jio’s achievements over the years, crediting it with revolutionising India’s digital landscape.
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Free voice calls: Jio made voice calls free from anywhere to everywhere in India.
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Video consumption boom: It enabled millions of Indians to watch videos on mobile phones, making it a daily habit.
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Digital infrastructure: Jio laid the foundation of India’s public digital infrastructure.
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Startup ecosystem: It played a key role in creating the world’s third-largest startup ecosystem in India.
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5G rollout: Ambani highlighted that Jio’s 5G expansion has laid the foundation for India’s artificial intelligence (AI) growth.
Workforce expansion to 10 lakh
Ambani also underlined Reliance’s contribution to employment generation. “Today, our conventional and non-conventional workforce has grown to nearly 6.8 lakh people. I see this growing to more than 10 lakh people over the next few years. It gives me immense satisfaction to say that we rank among the most admired employers and largest job creators in India,” he said.
The AGM also kept investors’ attention on Reliance’s other growth engines, including retail and new energy. But the Jio IPO timeline was one of the most significant takeaways, with Ambani confirming that the much-awaited listing is only months away.
