He confirmed that the tech-giant Google is about to invest $ 4.5 billion (Rs. 33,737 crores) approximately in the development of Jio Platforms.
Google has recently announced an investment of $.10 billion in India to expand and strengthen AI (Artificial Intelligence) footprint. Likewise, encourage Indians to take advantage of the internet and 3G, 4G, and 5G technologies for growth and development of business.
Google to invest in Jio:
This gigantic investment and collaboration will expand the “Digitization” across India. Keeping in mind 500+ million Internet users across the nation, RIL and Google will collaboratively develop entry-level cost-effective smartphones.
Further, these smartphones will be optimized to the Android OS and the Play Store. Likewise, Google and Reliance Jio will work together to create a robust operating system.
Moreover, today’s RIL AGM also covered vital sessions like Jiofiber. Jiofiber is produced with an aim to give India a superior internet experience.
Likewise, the main is to penetrate India’s broadband sector. Moreover, Mukesh Ambani has announced the launch of Reliance Jio “Made In India” 5G Network.
Mukesh Ambani’s Words…
“Google has empowered millions of Indians to access helpful information and, like Jio, is a force for change and innovation. We welcome Google onboard and are excited about our partnership for what it can deliver to Indians, from universalizing Internet usage to deepening the new digital economy and providing a prime mover to India’s economic growth. Together, we hope to play a strong facilitative role in the transformative journey of building a new, Digital India.”
With his prestigious word, Mukesh Ambani clearly stated that Google is trying to empower the “Digital India” mission with this collaboration. Therefore, this will give India and its economy a new digital edge.
Meanwhile, the Google CEO Mr. Sundar Pichai has also clearly stated that FDI in India will bring tremendous transformation digitally. Further, he also stated that India is massively inspiring the world to build world-class products.
Likewise, he finds that this will help India in a number of ways:
- Transform digital journey for India and the world
- Strengthen the Digital India concept
- Digital edge to the Indian economy
- Increase smartphone access to millions of Indians
- Improve overall mobile experience.
Tech and social media giants like Facebook, Google, and Amazon are keen to invest in India to build a strong foundation for Digital growth. Likewise, the whopping investment amounts will double the Internet and smartphone users in India.