# Ambani’s Jio Shows Musk How to Win in Modi’s India

https://mins.news/en/item/118415

- Bloomberg News, 2026-10-28 03:10 UTC
- Economy
- Original: https://www.bloomberg.com/opinion/articles/2026-10-27/ambani-s-jio-shows-musk-how-to-win-in-modi-s-india?link_source=ta_bluesky_link&taid=6ae167be27f3420001c8cdbf

> 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.

## Related coverage

- [Jio Platforms jumps as much as 23% in trading debut after record IPO](https://mins.news/en/item/118567) — Bloomberg News, 2026-10-28
- [Meta- and Google-backed Jio Platforms shares soar over 21% in trading debut after record IPO](https://mins.news/en/item/118460) — CNBC, 2026-10-28
- [Ambani’s Jio set for Mumbai trading debut after record $3.2 billion India IPO](https://mins.news/en/item/118311) — Reuters, 2026-10-28
- [Share allotment for Jio Platforms IPO begins Oct. 26](https://mins.news/en/video/114713) — CNA, 2026-10-25
