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How Ambani's Jio became India's second-largest company

Original: How Ambani’s Jio became India’s second-largest company

Reliance's telecom arm Jio has grown into India's second-largest company by market value, behind only its parent. Built on cheap data and a vast subscriber base, the company led by Mukesh Ambani has expanded into retail and digital services, reshaping India's corporate landscape and drawing attention from global investors.

Why now: Jio's rise to second place among Indian companies by value is a notable shift in the country's corporate rankings.

Reliance JioMukesh AmbaniReliance IndustriesIndia

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Evidence

• How Ambani’s Jio became India’s second-largest company · Al Jazeera

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