Reliance Industries’ (RIL) telecom arm -- Reliance Jio Infocomm (Jio) is planning to invest Rs 2 lakh crore in deploying fifth-generation or 5G telephony. Jio will launch 5G services by Diwali in metro cities of Delhi, Mumbai, Kolkata and Chennai and this will be expanded to other cities and towns in phases to cover entire India in 18 months by December 2023. Jio has deployed standalone 5G stack rather than upgrading the existing 4G network, to offer ultra-high speed internet. Jio's ambitious 5G rollout plan will be the fastest in the world.
Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.