Jio's $3.2 Billion IPO Tests Reliance's Appeal Among Young Indians
Jio Platforms Ltd., the telecom and digital services arm of Reliance Industries, plans to raise $3.2 billion in its IPO opening on October 21. This will be India's largest IPO and will test the enduring appeal of the Reliance brand among a new generation of investors, with nearly 40% of India's 130 million stock-market investors under 30 years old. Younger investors focus more on growth, profits, and valuation compared to older generations.
ET Markets·



