Reliance Industries chairman Mukesh Ambani on Wednesday described his phone company as the world's largest start-up, entailing an initial investment of Rs.1.5 trillion.

Ambani said that Jio would up the quality and quantity of mobile broadband coverage by 80-100 times. He expects Jio to offer coverage to 90 percent of Indians and also speeds that would be 40-80 times greater than the current average.

Speaking at FICCI FRAMES 2016 about the potential of accessible broadband and digital media content, Ambani said that an affordable video network would change the way we learn.

Reliance Jio would do its best to support the Digital India initiative because it's about bringing people together and join the Digital India movement, Ambani said.