1. Jio is for affordability in a world where data is new oil: Mukesh Ambani (Repeating for all needing)

    Jio is for affordability in a world where data is new oil: Mukesh Ambani (Repeating for all needing)

    Reliance Industries Ltd Chairman and Managing Director Mukesh Ambani said on Wednesday the company's newly-launched telecom venture Reliance Jio stands for affordability and data is the new oil in the industry. "Jio was conceived at a time when the world was fast digitising. What the Jio platform offers is partner with the next generation to solve problems for India to make sure our industries are more productive," Ambani said. "To my mind, data is the new natural resource.

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    1. Jio was conceived at a time when the world was fast digitising. What the Jio platform offers is partner with the next generation to solve problems for India to make sure our industries are more productive.
    2. After the Aadhaar, you consider the digital payments system that is fast developing. Earlier, loans and financial resources were only available to a few people at high value. Now, I see that changing on the basis of technology. Now based on data, you can get a loan on your mobile phone.
    3. We have opportunity to adapt artificial intelligence, natural language processing, drones in terms of our logistics. Opportunities are immense. Now we have infrastructure to do it in our own market and make India one of the biggest software markets
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