
India is the fastest-growing large economy globally, with digital-led sectors emerging as the main drivers of national growth. According to the Government of India estimates, digital economy is 13% of the country's Gross Value Added (GVA) at US$ 0.5 trillion in 2025, and is set to cross US$ 1 trillion contributing ~20% of the GVA by 2030. The building blocks of this digital growth - digital payments, e-commerce, cloud services, media, and other digitally enabled sectors, are all driven by connectivity as the backbone, with high-speed broadband across mobility and fixed line now available pan-India.
Availability of world-class connectivity infrastructure will also propel AI adoption in India and make it a key enabler for India's AI-driven digital revolution. Recent estimates by Competition Commission of India expect Indian AI market to grow to US$ 131 billion by 2032. Stanford University too ranks India 3rd in its 2025 Global AI Vibrancy Ranking.
India's broadband subscriber base crossed 1 billion across Mobility, Wireline and Fixed Wireless Access (FWA) during the year. These billion users are highly engaged with average monthly data consumption of over 25GB on mobile devices and that on home broadband being almost 10x of the usage on mobile network. According to Ericsson Mobility Report, Indian smartphone users will have the highest digital engagement across users globally with average per capita data usage at 65 GB/month. Improving network quality with rapid adoption of 5G and FWA and India's Digital Public Infrastructure are the key drivers. This scale of engagement is attracting global technology companies to offer best-in-class digital services across AI tools, cloud compute, and media and entertainment, among others.
Key regulatory developments during the year:

| (₹ Crore) | FY 2025-26 | FY 2024-25 | Y-o-Y Change |
|---|---|---|---|
| Value of Sales and Services | 1,76,164 | 1,54,119 | 14.3% |
| Revenue from Operations | 1,49,965 | 1,31,336 | 14.2% |
| EBITDA | 76,560 | 65,001 | 17.8% |
| EBITDA margin* | 51.1% | 49.5% | 160 bps |
Revenue and EBITDA growth for the Digital Services business in FY 2025-26 were 14.3% and 17.8% Y-o-Y, led by healthy subscriber addition, ARPU growth and scale-up of digital services. Customer engagement on the Jio network remained robust, with average per capita data and voice usage at 42.3 GB and 988 minutes per month, and a subscriber base of over 524 million for the quarter ending March 2026.
Jio has been at the forefront of India's digital transformation with investments in new technologies to provide customers with differentiated value proposition. This has resulted in more customer engagement and expanding use-cases of digital services to streaming, cloud gaming, cloud computing, and AI. Jio's platform is built on an end-to-end proprietary technology stack with core capabilities across:
Innovation is integral to Reliance's DNA, and drives multiple aspects of its business operations, leading to cost efficiencies, reduced time-tomarket, optimised network planning and rollout, and real-time performance management. This includes innovative distribution architecture, use of digital twin in neural maps and AI tools for optimisation across network and operations.
Jio created data economy in India and now Reliance is aggressively pursuing its strategy to build sovereign AI infrastructure in India. To support this, RIL has recently announced a plan to invest ₹ 10 lakh crore for the development of multi-gigawatt (GW) scale AI-ready data centres, creating a sustainable, high-performance compute backbone that will bring the cost of AI down for every Indian citizen. By combining domestic compute capacity with localised, multilingual, voice-first platforms, Reliance will empower everyone - from farmers and students to large corporations - to innovate and compete with cutting-edge AI solutions and services.
As of March 2026, Jio had over 524 million total customers, including 268 million+ 5G users and 27 million+ fixed broadband connections. In three years since its launch, Jio's True5G network has surpassed the scale of Jio's 4G network and now accounts for 55% of wireless data traffic. Jio's proprietary point-to-multi-point Unlicensed Band Radio (UBR) technology has significantly increased market reach and the capacity to connect premises with fibre-like fixed broadband connectivity giving up to 1 Gbps symmetrical bandwidth. This has driven Jio's fixed broadband market share to ~43% as of March 2026.
Jio's unparalleled coverage and capacity are enabling global scale engagement on its network which carried over 241 Exabytes of total data traffic during FY 2025-26, growing 30.8% Y-o-Y and making it one of the largest data operators globally. The scale of Jio's digital transformation is diversified across demographics, income brackets and geographic locations.

Extensive pan-India reach, large, diversified and highly engaged customer base, together with multilayered access ecosystem, makes Jio a highly preferred gateway to digital India. It has an extensive multi-layered phygital network for providing seamless access of owned and third-party digital services, including:
During the year, Reliance Intelligence partnered with Google, providing Millions of Jio users with 18 months of complimentary access to Google AI Pro (Gemini).
On the enterprise front, Reliance Enterprise Intelligence Limited (REIL), was established as joint venture with Meta to leverage Meta's open-source Llama models and Reliance's vast enterprise and SMB footprint to deliver 'enterprise-ready AI' solutions. In addition, Jio also partnered with Jio BlackRock and JioHotstar for joint go-to-market development offering Jio customers unique value proposition across multiple use cases.
Jio's digital service offerings are based on indigenous technologies which enables control over the entire value chain. After large-scale development of 5G and FWA stack in India, Jio as a managed services provider would provide its proprietary network technologies in select international markets in partnership with local operators. This will include cloud-native RAN, 5G core, OSS/BSS platforms, UBR-based FWA, JioBharat, JioTV+ and Jio Set-top-box.
Jio has been the catalyst for India's digital transformation by bringing world-class technology platforms to Indian users. Jio's over 524 million subscriber base and pan-India distribution network will further drive India's AI leadership and enable citizens and enterprises to harness AI tools to create, innovate and grow. This, together with continued growth momentum in mobility and fixed broadband businesses will drive sustained value creation for all stakeholders over many years.