Can Reliance Jio Platforms become India’s next global tech giant? Here’s what it’s building – CNBC TV18

Reliance Jio Platforms is looking beyond telecommunications as it builds capabilities in artificial intelligence (AI), cloud computing and enterprise technology. With more than 533 million customers, a substantial share of India's wireless data traffic and a growing portfolio of proprietary technologies, the company is seeking to turn its domestic scale into an opportunity in global technology markets.

The strategy draws a comparison with South Korea's SK Hynix, whose memory chips are central to the country's technology exports. Jio's potential role is different: it lies in the digital infrastructure that supports connectivity, cloud computing and AI applications.

But building a large telecommunications business and becoming a global technology player are two different challenges. Jio's investments show how it is preparing for that transition. The bigger question is whether it can turn its technology capabilities into offerings that find success beyond India.

How Jio's scale gives it an advantage

Jio handles around 60% of India's total wireless data traffic and has more than 533 million customers, including over 284 million active 5G subscribers. This network provides the company with a substantial base for developing and deploying technology at scale.

Its strategy now extends beyond connecting users. Jio is developing the systems that…

Original source: https://www.cnbctv18.com/technology/