Google is Investing in India about 10 Billion Dollars











Google To Invest ₹33,737 Cr in Jio for 7.7% stake, declares world's 6th richest man, Mukesh Ambani in Reliance Industries Limited 43rd AGM, virtually

With this partnership, #Google will develop an android based software operating system

Ambani says, "The Jio-Google partnership will make India 2G-mukt & accelerate migration of 350M Indians, who currently use a 2G feature phone to an affordable smartphone"

Google wishes to shape #India's future, for the same it also announced plans to spend $10B over the next 5-7 yrs to accelerate the adoption of digital technologies

One point to be noticed here is that, it is uncommon for the rivals #Facebook, & Google to come together for a common cause. What brings them together?

Simply, the size of the India #digital opportunity!

As the markets get saturated in the US & both the firms are banned in China, India becomes the next battleground

Monetizing 300-400M new internet users in India with Jio’s robust presence in telecom led rivals, Google & FB irresistible enough to keep its differences aside & become common investors in #Jio

Ambani says Jio supports "Make in India, Make for India & Make for the world products". He further adds 'with new Reliance there will be a new India'

Will it make everyone "Jio Jee Bharke"?

The Representative

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