EconomyAmbani’s Jio Shows Musk How to Win in Modi’s India

Jio Platforms Ltd. is set to begin trading Wednesday at a $107 billion valuation, putting a price on several bets: Mukesh Ambani’s belief that cheap data can underpin the digital economy of 1.5 billion people, Google and Meta Platforms Inc.’s backing of him, and Indian Prime Minister Narendra Modi’s digital push.

Jio PlatformsMukesh AmbaniIndiadigital economy

People in this report Elon Musk

BBloomberg News★★★☆☆2026-10-28 03:10Original