Jio Valuation May Jump to $190 Billion by 2028, Says CLSA; RIL Target Raised to ₹1,800

The buzz in financial markets right now is all about Jio valuation, and for good reason. We’re seeing analysts forecast a dramatic rise in the worth of Jio Platforms, the telecom and digital arm of Reliance Industries Ltd. (RIL). Recently, global brokerage CLSA projected that Jio’s valuation could reach a stunning $190 billion by March 2028. At the same time, CLSA raised its 12-month price target for Reliance Industries shares to ₹1,800 from ₹1,650, signaling strong confidence in the group’s growth potential.