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JP Morgan values Reliance Retail at $143 bn, Jio Infocomm at $135 bn
The New Indian Express Mysuru
|October 04, 2025
GLOBAL banker JP Morgan has valued Reliance Jio Infocomm at $135 billion and Reliance Retail at $143 billion.
Reliance Industries chairman Mukesh Ambani at the company's recent annual general meeting (AGM) announced that the telecom arm will be listed next year. In a report, the Wall Street major said RIL's consumer businesses are set to drive nearly all of the group's earnings growth in the coming years. Relian
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JP Morgan values Reliance Retail at $143 bn, Jio Infocomm at $135 bn
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