Stories
Inside Jio IPO: Key Insights From Akash, Isha Ambani And Uday Kotak
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CNBC TV18•15-10-2026, 18:54
Inside Jio IPO: Key Insights From Akash, Isha Ambani And Uday Kotak
- •Isha Ambani recalled how a conversation about India's digital connectivity gap while studying in the US set the idea for Jio in motion.
- •Uday Kotak described the upcoming Jio IPO as a historic moment and recalled Reliance Industries' public listing by Dhirubhai Ambani in 1977.
- •Akash Ambani emphasized that customer needs and value delivered remain at the center of Jio's business and growth plans.
- •Akash Ambani revealed that Jio is already looking ahead to 6G, aiming to support future upgrades through software rather than new infrastructure.
- •Isha Ambani highlighted Reliance's financial discipline, noting the group's commitment to maintaining strong balance sheets and generating free cash flow.
Key Questions Answered
Isha and Akash Ambani recalled that Jio's journey began when they experienced an internet connection problem during a visit home while studying in the US, prompting them to question why India lacked the connectivity they saw abroad.
Akash Ambani stated that Jio is looking ahead to the next phase of mobile technology with the ambition to support a future transition to 6G primarily through a software upgrade rather than a fresh infrastructure build-out.
Isha Ambani noted that Reliance focused on maintaining strong balance sheets and generating free cash flow, achieving its commitment to becoming net debt-free by 2021 nine months ahead of schedule despite COVID-19 disruptions.
