15 Jul 2020, 04:14 pm By Rohit Sindhu
Jio-Google: Google to invest Rs 33,737 crore, Jio develops 5G soln, read major announcements

Reliance Industries Chairman Mukesh Ambani on Wednesday held business talks with Google CEO Sundar Pichai and both agreed to partner to build an Operating System. Google has decided to invest over Rs 33,737 cr for 7.7 pc stake in Jio Platforms, says Mukesh Ambani at company's annual general meeting. Google and Jio are partnering to build an Operating System that could power a value-engineered, entry-level 4G/5G smartphone. The Jio-Google partnership is determined to make India 2G-mukt

Reliance Industries Chairman Mukesh Ambani during 43rd Annual General Meeting on Wednesday brings out the details of deal with Google. Google to invest over Rs 33,737 cr for 7.7 pc stake in Jio Platforms, says Mukesh Ambani at company's annual general meeting

Two days ago, PM Modi interacted with Google's CEO Sundar Pichai. Just two days after Prime Minister Modi held talks with Pichai, Google announced to invest Rs 33,737 crore in Ambani's Jio Platforms. This is the fourth major investment in Jio in last three months.

Google invests $4.5b for India Digitization Fund

Everyone should have access to the internet. Proud to partner with Reliance Jio to increase access for the hundreds of millions in India who don’t own a smartphone with our 1st investment of $4.5B from the Google For India Digitization Fund, said Google CEO Sundar Pichai.

Jio has developed a complete 5G solution from scratch, this will enable us to launch a world-class 5G service in India.

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Once Jio's 5G solution is proven at India scale, Jio platforms would be well-positioned to be an exporter of 5G solutions to other telecom operators globally as a complete managed service, Mukesh Ambani said. This will be ready for trial as a soon as 5G specturm is available & can be ready for field deployment next year, Reliance Industries Chairman Mukesh Ambani said.

Jio Glass:

Earlier in the day Isha Ambani and Akash Ambani launched Reliance Jio’s latest innovation, Jio Glass on the occassion of Reliance Industries' 43rd Annual General Meeting.