How Ambani’s risky bet has now become Reliance’s superpower

Pravin PalandeTHE ECONOMIC TIMES
Aug 4, 2025 | 11:19 IST

Jio has emerged as an outlier for Reliance. Analysts now view Reliance as a late-stage startup chasing billion-dollar dreams. With telecom, retail and a $2tn green energy bet driving future growth, IPOs could unlock big value



When Mukesh Ambani launched Jio, sceptics were quick to raise doubts. Sure, analysts thought it was a smart move, but eyebrows shot up at the jaw-dropping ₹70,000 crore rollout plan to blanket 5,000 towns and over 2 lakh villages in 4G.
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