Mumbai, Oct. 15 -- Reliance Industries Group will become India's largest conglomerate in terms of the combined market value of its listed companies after Jio Platforms makes its stock market debut, Kotak Mahindra Bank founder Uday Kotak said on Thursday.

Speaking at the Jio Platforms IPO press conference in Mumbai, Kotak highlighted the significance of the upcoming listing, which is expected to strengthen the group's position in India's equity markets by giving its digital and telecom business a separate market valuation.

"The RIL group, after Jio's listing, will be India's largest conglomerate basis listed market cap," Kotak said.

The statement comes as Jio Platforms prepares to launch India's largest initial public offering (IPO), op...