Jio targets $1.4 trillion digital economy with 5G, IPO: Akash Ambani

NEW DELHI: Reliance Industries’ telecom arm Jio is targeting a substantial share of India’s digital economy, estimated at $1.4 trillion by fiscal 2031, according to Akash Ambani, managing director (MD) of Jio Platforms (JPL).

“We expect a $1.4-trillion digital economy by FY31; we will take a huge market share of this,” Ambani said, outlining the company’s growth strategy across mobile connectivity, home broadband and enterprise services.

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