📷 Image: Wikimedia Commons / Jio Platforms
Business
Jio Reaches $137 Billion Valuation, India's Second Most Valuable Firm
✍️ Reuters
🗓 28 Oct 2026, 08:00 PM
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Jio Platforms, owned by Mukesh Ambani, has achieved a valuation of $137 billion, securing its position as India's second most valuable company.
Jio Platforms, a subsidiary of Reliance Industries, has reached a significant milestone, achieving a valuation of $137 billion. This places Jio as the second most valuable firm in India, trailing only behind Tata Consultancy Services. The valuation surge is attributed to Jio's dominance in the Indian telecom market and its expansion into other sectors like digital services and e-commerce. Jio's success has been instrumental in propelling Reliance Industries to become one of India's most valuable conglomerates.