Jio Platforms to Focus on AI, Cloud and Satellite Connectivity Over Next 10 Years: MD Akash Ambani

Written by: Team Angel OneUpdated on: 29 Oct 2026, 3:28 pm IST

Jio Platforms plans to expand into AI, cloud computing, connected devices, and satellite connectivity as part of its next decade of growth.

Jio Platforms is to focus on artificial intelligence (AI), cloud computing, connected devices and satellite connectivity over the next decade, Managing Director Akash Ambani said on October 28, 2026, as per news reports.

He announced the plans at the company’s stock market listing ceremony in Mumbai. Ambani said Jio’s first decade was spent expanding access to mobile data, bringing hundreds of millions of Indians online.

Platforms Serve More Than 540 Million Customers

Jio’s platforms currently serve more than 540 million customers, Ambani said. He added that the company had built its own technology capabilities because existing platforms were not designed for India’s scale.

The company plans to bring connectivity, computing, and intelligence together across the country, including in different regions and languages. Ambani said Jio would continue to provide digital infrastructure and services at affordable prices.

He also said the company would maintain global standards in technology, services, and execution. Its platforms, he added, were developed in India to meet the country’s requirements.

Long-Term Commitments of Jio Platforms

Addressing shareholders, Ambani said the listing was the beginning of a new phase for Jio. He said the company would maintain transparency and accountability and work to protect and grow shareholder wealth over time.

He also referred to Reliance Industries’ nearly five decades of wealth creation and said Jio would seek to continue that legacy. The company’s next decade will focus on expanding its work in AI, cloud computing, connected devices, and satellite connectivity, alongside its existing digital services.

Jio Platforms Shares List at ₹1,358

Jio Platforms shares began trading at ₹1,358 on both the BSE and NSE, against the issue price of ₹1,119. The listing price was 21.36% higher than the issue price.

Conclusion

The company’s next phase will focus on expanding its technology offerings beyond mobile data. Jio Platforms has set a target of making emerging technologies accessible to more Indians.

Looking to invest? Open a Demat Account with Angel One and start trading seamlessly.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Oct 28, 2026, 3:51 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More