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Jio Unveils Major Growth Roadmap Focusing on Mobility, Home and Enterprise Ahead of IPO
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CNBC Awaaz•15-10-2026, 17:12
Jio Unveils Major Growth Roadmap Focusing on Mobility, Home and Enterprise Ahead of IPO
- •Jio Platforms Managing Director Akash Ambani outlined mobility, home, and enterprise-international as the three major growth engines during a media interaction in Mumbai.
- •The company aims to power India's digital economy toward FY31, leveraging its customer base of nearly 533 million connectivity users.
- •In the mobility sector, Jio expects to target around 340 million new 4G and 5G customers over the next five years, including 100 million first-time users.
- •For home broadband, Jio plans to aggressively expand its fixed broadband base from 28.6 million to 100 million homes across 19,000 pin codes.
- •The enterprise and international business strategy focuses on capturing a massive domestic market and monetizing Jio's technology stack globally as a managed service partner.
Key Questions Answered
Ahead of what is expected to be India's largest initial public offering, Jio Platforms Managing Director Akash Ambani outlined mobility, home, and enterprise-international as the company's three core growth engines.
The Jio Platforms IPO is targeting an October 21-23 bidding window, with the anchor book likely opening on October 19 and share listing expected on October 28, subject to market conditions.
Jio Platforms plans to utilize ₹27,500 crore of the net proceeds from its IPO to fully or partially prepay certain borrowings of its material subsidiary, Reliance Jio Infocomm.
