BUSINESSJul 1 · 13:30 UTCSCMP CHINABiman Mukherji

Reliance Jio’s IPO set to intensify focus on India’s telco sector amid duopoly fears

Reliance Jio, an Indian telecom giant, plans to launch a $3.8-4 billion IPO, potentially surpassing Hyundai Motor India’s $3.3 billion IPO in 2024. The move is expected to impact India’s telecom sector amid concerns about a duopoly.

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Reliance JioorganizationHyundai Motor IndiaorganizationSecurities and Exchange Board of Indiaorganizationtelecom sectortopicIPOtopic

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