• Akash Ambani identifies Mobility, The Home, and Enterprise & International as Jio’s three growth engines
  • Jio sees scope to scale its home broadband base from around 30 million to 100 million homes
  • Plans to monetise its end-to-end technology stack in select overseas markets

Mumbai: Ahead of India’s largest-ever IPO, Jio Platforms has laid out its roadmap for the next phase of growth. Speaking to journalists in Mumbai, Jio Platforms Managing Director Akash Ambani identified three key growth engines for the company — Mobility, The Home, and Enterprise & International. Backed by its three core pillars of Technology, Digital Gateway and Infrastructure, Jio sees a significant opportunity as India’s digital economy expands towards US$1.4 trillion by FY31.

Akash Ambani said, “The most important unit of our business is our customers.” He said Jio’s focus will remain on bringing high-quality and affordable digital services to every Indian, every home and every enterprise. Jio currently has around 533 million connectivity customers and carries more than 60% of India’s data traffic.

In Mobility, Jio sees an industry opportunity of around 340 million new 4G and 5G additions between FY26 and FY31. Akash said this includes about 100 million Indians who are expected to get a mobile connection for the first time, while another 240 million users could migrate from 2G to 4G and 5G. In FY26, Jio added around three times as many net active mobile users as the second-largest player.

The Home is another major growth engine. Jio currently has around 28.6 million fixed broadband customers and sees the potential to take its home base to 100 million. In FY26, Jio accounted for about 67.5% of India’s net fixed broadband additions. Akash said the company is combining fibre with its own wireless technology to expand its reach across nearly 19,000 pin codes.

The third growth engine is Enterprise & International. Jio sees an addressable enterprise digital services opportunity of around ₹5.1 lakh crore, or US$56.8 billion, in India. Akash said nearly 65% of bank branches in the country are connected on Jio’s network, with the company offering services beyond connectivity, including security and video surveillance.

Jio also plans to monetise its proprietary end-to-end technology stack in select international markets. Rather than operating merely as a software vendor, the company wants to work with global telecom operators as a managed services partner. Akash said the opportunity could help India move from being an importer of technology to an exporter of technology.

Earlier, Isha Ambani spoke about Jio’s origins and Reliance’s approach to building businesses, highlighting long-term thinking, scale, execution and financial discipline. The press conference opened with Uday Kotak recalling Reliance founder Dhirubhai Ambani and Reliance’s landmark 1977 IPO.