Reliance Industries is assembling a banking consortium for its telecom unit Jio Platforms' planned India IPO, according to insiders. Jio Platforms is collaborating with approximately half a dozen banks to structure the share sale, with the potential for additional advisors to join soon. This development signals significant institutional interest in the telecom giant's upcoming public offering, which could value the unit in the tens of billions. The move positions Jio to tap into India's vast retail investor base and potentially raise substantial capital to fund further expansion in the competitive telecom sector. The involvement of multiple major banks underscores the strategic importance placed on this listing by Reliance and its financial partners.