Reliance Industries (RIL) has planned over Rs 10,000 crore of fresh interests in West Bengal for growing telecom arm Jio’s 4G operations in the state, director Mukesh Ambani said.
Reliance Jio To Invest Rs 10K Cr On New E-Commerce Venture
“RIL has already invested Rs 28,000 crore in West Bengal, which is one tenth of the company’s total investments across India, and (telecom arm) Jio will invest a further Rs10,000 crore-plus to make the state a land of digital revolution” Ambani said at the fifth Bengal Global Business Summit in Kolkata on Thursday.
Jio, he said, has “become the largest investor in the digital space in this state”.
India’s richest man said West Bengal under “Mamata didi’s leadership is poised to be a leader in the 4th industrial revolution, and RIL would be its trusted partner in helping the state embrace the full blown power of digital revolution.”
Ambani said Jio is in advanced phases of setting up its server farm in the state, which will be keeping pace with comparable centers in the Silicon Valley. Jio, he stated, is likewise getting ready to right away reveal it’s abundantly anticipated fast fiber to the home broadband services under the Gigafiber mark pennant
“that will transform all homes in West Bengal into smart homes”.
The RIL director also said 100% of the state’s population would be secured by the Jio 4G network by end-2019. Jio will likewise set up 1000-odd Jio indicates across country Bengal attempt direct circulation of Jio services and lift 4G infiltration in the state’s towns. Ambani said Reliance Retail works more than 500 retail outlets and 46 Petro Retail Outlets spreading over almost 1 Million sq ft feet across 400 urban communities and towns of West Bengal.
Jio and Reliance Retail, he said, would shortly launch “a unique new commerce platform, which will bring win-win benefits to consumers, retailers and producers”.
Across the country, Ambani said this “platform will enrich and empower as many as 3 crore small shopkeepers”.