Telecom major Reliance Jio Infocomm  on Tuesday said it will offer broadband services to the micro, small and medium businesses at lower tariffs.

Reliance Jio claimed that it will offer broadband connections to the MSMB customers at one-tenth of the market rate, starting at Rs 901 per month with 100 megabit per second upload and download speed as well as unlimited usage. "Currently, a micro and small business spends between Rs 15,000 to Rs 20,000 per month towards connectivity, productivity and automation tools.

Today, we are taking the first step towards empowering small businesses by giving these solutions, along with our connectivity, for less than one-tenth the cost, starting below one thousand rupees per month," Jio Director Akash Ambani said in a statement. Jio will also provide digital solutions, including remote management of employees, video conferencing and devices as a service, for a monthly rental of Rs 5,000. The company claims the plan is 50 percent cheaper compared to its competitors. "With this step, I am certain that millions of micro, small and medium enterprises will propel towards prosperity and march towards creating a new Aatmanirbhar digital India," Ambani said.

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