Reliance Jio has announced that the Google has invested INR 33,737 crores in the Jio platform and network as a whole. Now the Google is the shareholder of Jio 7.73% of shares. Both Jio and Google will collaboratively develop the entry-level 4G and 5G smartphones for the Indian market whose user interface will run on Android and will be easily available on Google play store.
Jio platform today has been a collaborative effort with earlier Facebook investing INR 43,574 crores for 9.99% of shares and now the Google. Google aims to invest in the Jio platform, not for only the development of Reliance Jio 4G phones in India or the Reliance Jio 5G phones in India but also to proliferate and nurture India’s digital economy.
Earlier, Google announced the ‘Google for India Digitalization Fund’ where the company will invest INR 75,000 crores into India’s digital economy over the span of the next five to seven years from the day of declaration.
Sundar Pichai, CEO Google, once said, “Our investment of $4.5 billion in Jio is the first and the biggest investment we will make through this fund. I am excited that our joint collaboration will focus on increasing access for hundreds of millions of Indians who don’t currently own a smartphone while improving the mobile experience for all.”
Google is working on letting everyone in Indian without the experience of having and handling a smartphone to have one for them at reasonably economical cost. The focus is to make everyone access to the internet and encourage digital payments. Mukesh Ambani, Reliance Chairman, MD, in his speech unfolds that the company is working out in upgrading a total of 350 million featured JIO phone users to affordable 4G/5G handsets. The collaboration with Google aims to speed up the process of letting the users switch from 2G to 4G/5G.
Google’s plan beyond Reliance Jio 4G/5G Phones in India
Sameer Samat, VP of Product Management at Google India in one of his posts said, “We think the time is right to increase our commitment to India significantly, in collaboration with local companies, and this partnership with Jio is the first step. We want to work with Jio and other leaders in the local ecosystem to ensure that smartphones—together with the apps and services in the Play Store—are within reach for many more Indians across the country.”
Google is already bagged up with a special edition Android GO version for entry-level smartphones. Many mobile manufacturing companies are currently using Android Go on many of their smartphones. JioPhones already have a monopoly in the market with more than 100 million Jio Phone users facilitating people to connect to the masses and now the collaboration will where smartphones backed by Google will be inputting a smartphone in everyone’s hand.
It will be very exciting to see how successful the collaboration will go and at what reasonable prices, offers, and features will Reliance Jio 4G/5G Phones be available in India.
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