File photo of Reliance Industries Chairman Mukesh Ambani.
| Photo Credit: ANI
Speaking at the Annual General Meeting of Reliance Industries on Friday (June 19, 2026), CMD Mukesh Ambani announced the approval of Jio IPO.
“Jio connected India on the ground. Now, we must connect India from the skies. There are still remotest villages, island communities, and border outposts where the Jio network cannot reach. For them, satellite connectivity will be the bridge to the rest of India,” Mr Ambani said.
Jio is evaluating the development of a sovereign Low Earth Orbit satellite constellation for India, he said.
“We are also partnering with the leading global constellation providers by leasing satellite capacity, so that we can accelerate service availability while building our own long-term sovereign capability,” he said.
He said Jio is now considering plans to get into Satellite Communications. This dual approach will enable Jio to meet India’s connectivity needs faster, while laying the foundation for the Indian satellite broadband platform of global scale, he emphasised.
To anchor this ambition, Jio is also building its own ground station infrastructure in India.
“These ground stations will support our partner constellations, as well as our own future satellites, creating an end-to-end satellite broadband ecosystem from space to ground,” Mr Ambani said.
Published – June 19, 2026 02:42 pm IST
