Indian billionaire Mukesh Ambani has announced plans for an initial public offering (IPO) for his telecom venture, Jio, in 2025.

Analysts estimate that Jio could be valued at over $100 billion. Ambani's decision to go public with Jio is part of his broader business expansion strategy, as he aims to take advantage of the increasing demand for telecommunications services in India.

Alongside the Jio IPO, Ambani's retail unit is also expected to pursue its own IPO, although this is planned for a later date, indicating a phased approach to entering the capital market. The timing and valuation of these offerings are expected to generate significant interest from investors, highlighting the strong growth potential of both the telecom and retail sectors in the Indian economy.