Billionaire industrialist Mukesh Ambani has described the launch of Reliance Jio as the “biggest risk” he has ever taken—one that could have ended with little to no financial return but, in his words, would still have been worth it.
Speaking about the early days of Jio, Ambani recalled how analysts had doubted India’s readiness for cutting-edge digital infrastructure. “The biggest risk we have taken so far was Jio. At the time, it was our own money that we were investing, and I was the majority shareholder,” he said in an interview with…
Speaking about the early days of Jio, Ambani recalled how analysts had doubted India’s readiness for cutting-edge digital infrastructure. “The biggest risk we have taken so far was Jio. At the time, it was our own money that we were investing, and I was the majority shareholder,” he said in an interview with…