Jio sees ARPU rising to Rs 326 by FY31

Jio Platforms told investors in IPO filings that India's mobile broadband ARPU could reach Rs 326.4 per month by FY31, driven by rising data consumption and disposable income. Jio's current ARPU is Rs 214, below Airtel's Rs 257.2 and global benchmarks. Tariff hikes and 5G premiumisation are key growth drivers.