From Satellite broadband to AI infrastructure: Jio’s five-point growth agenda

Reliance Industries Chairman Mukesh Ambani announced that the board of Jio Platforms has approved its DRHP for an IPO comprising a fresh issue of up to 27 crore equity shares at face value of ₹10, to be filed with SEBI on Thursday. Jio Chairman Akash Ambani outlined a five-point growth agenda spanning 5G expansion, JioAirFiber broadband, AI democratisation, satellite communications and global tech exports, with plans to migrate all subscribers to 5G by 2030. Reliance also unveiled plans for sovereign AI infrastructure at Jamnagar with 120 MW compute capacity targeted by end-2026, expanded partnerships with NVIDIA, Google and Meta, and evaluation of an indigenous LEO satellite constellation.