Mukesh Ambani, Chairman of Reliance Industries Limited (RIL), one of the leading Indian companies, has announced to bring cheaper smartphones in the country. The company has joined hands with many big tech companies including Google for this and this initiative of Jio can prove to be a bell of disaster for the Chinese companies which have entered the Indian smartphone market.
Jio's world-class 5G solution technology is completely made in India, whose trial has been announced. This step of Jio can also cause trouble for Chinese companies. In the meantime, it has been told from Jio that after the completion of the demand for 5G solution in India, its supply will also be carried out. On Wednesday, Ambani announced Reliance's 43rd AGM giving 7.73 percent equity in social media giant Google's Jio platforms for Rs 33,737 crore, along with freeing 2G of Indian telecom and 4G and 5G cheap smartphone phone lanes.
In the coming three years, Ambani has set a target of 50 million Reliance Jio users. Jio, which entered the Indian telecom sector on September 5, 2016, about four years ago had 38 crores 75 lakh 16 thousand 803 users in March this year and it was in the first position with 33.47 percent market share. Ambani has over 35 crores, 2G users, for cheap smartphones, which have to be connected to the Jio platform with the help of cheap smartphones and internet data. He has now set the goal.
Also Read:
Sachin Pilot spoke to Chidambaram, got assurance of big post at centerRahul Gandhi says "There will be 20 lakh cases of coronavirus in India by August 10"
Building collapses in Mumbai, rescue work continues even after 12 hours, 6 people dead
