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The Reliance Scenario

25 Dec, 2019 Divesh Mishra

Reliance Jio Infocom is a division of Reliance Industries Limited (RIL). It has 21.5 cr connections and 2.5 cr Jio phone users. The company has achieved this in record 22 months. No other company in the world has achieved this feat.

From 15th August on, Jio will start its fixedline broadband services where India currently ranks a low 135 but Jio is set to change the dynamics and for better. The scheme known as JGF or Jio Giga Fibre will offer internet speed in excess of One GB. We have not experienced anything like this ever. They will also be bringing DTH services and TV to TV calling where your TV screen becomes your personal video chat screen. On HD frequency. Like WhatsApp video chat we are doing now. The broadband will also provide you IOT (internet of things) and will supervise your electrical gadgets and grocery replenishment.

Reliance Retail now has over 7500 stores in 4400 cities. 4000 stores have been opened in 2017-18 itself and 35 cr footfalls have happened during the year passed by. Reliance Trends, its retail store chain sells 33000 garments every hour. Reliance Fresh sold 5,00,000 tonnes of groceries last year. The company wants to bring to its e-platform over 3 cr SMEs and small shopkeepers and provide them a common platform for selling. Reliance will provide all the bandwidth, accounting and software support to this fraternity. This will be known as Bharat India Jodo enterprise and will be an amalgamation of digital and physical. This is what neither Alibaba nor Walmart / Flipkart or Amazon has accomplished so far.

If you rarely see a pet bottle lying on the roads or on railway tracks, think about the fact that RIL recycles 200 cr PET bottles every year.

Now wait for Jio Phone 2 to be launched on the 15th August for Rs 2999 with features unparalleled at this price anywhere in the world.