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Reliance is working on creating the world’s largest online-to-offline New Commerce Platform: Mukesh Ambani

by MN4U Bureau
November 12, 2018
in Exclusive, Featured
Reading Time: 3 mins read
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Mukesh Ambani

Mukesh Ambani

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Bhubaneswar: MukeshAmbani, the Chairman and Managing Director of Reliance Industries Limited, promised to transform the lives of retailers by inducing a sea change in their business model with the announcement of his company working on creating the world’s largest online-to-offline New Commerce Platform.

While addressing the Plenary Session at Make in Odisha Conclave 2018 at Bhubaneswar, Mukesh Ambani said, “We are working on transforming the lives and businesses of 3 crore merchants in the country. We will enable them to do everything that large enterprises and large ecommerce players are able to do”.

“I can assure you that Reliance and Jio will considerably improve the Ease of Living for everyone, and also improve the Ease of Doing Business. This will create millions of new and attractive employment opportunities for the talented youth” added Ambani.

On his Plans for Odisha:

Mukesh asserted that Under Chief Minister Shri Naveen Patnaikji’s able leadership, Odisha has been growing at 8% per annum, higher than the national average and it is fast becoming an ideal investment destination.

“Reliance and Jio are dependable partners in your Make in Odisha mission, as well as in your Make New Odisha vision. Today, Reliance has emerged as one of the largest investors in Odisha. Reliance has already invested over 6,000 crores in Odisha. And today am committing to investing an additional 3,000 crore in the next three years in our various businesses in Odisha” said Ambani.

He reiterated that new generation digital technologies, with Artificial Intelligence at their core, are rapidly transforming our world like never before in world history.

“Jio has connected all cities and towns, and 43 thousand villages in Odisha. Also, their pehla introduction to the Internet and artificial intelligence in their lives. All this at only 100 rupees per month” he added.

On Progress of Jio:

Since Jio commenced operations little over two years ago, India has moved from 155th rank in mobile broadband penetration to being the number 1 nation in mobile data consumption in the world.

“I have a big reason for focusing on digital business. The world is at the cusp of a digital revolution. Everything in the world is going digital – music, movies, commerce, banking, cars, homes, healthcare, education – every aspect of life is going digital” added Mukesh.

He stated that digital technologies will completely transform every sector of the economy, and every field of life and assured on achieving the same by using the most powerful tool of our times…the tool of connectivity and digital technologies. This combination of connectivity with affordability is unparalleled in the world.

JioGigaFiber in Odisha:

Revealing their next step to propel Odisha further into the digital future – Ambani said, “With JioGigaFiber, we have now begun an ambitious push in fixed broadband through Fiber-to-the-home and premise”.

“Our aim and resolve is to ensure that India rises from the present 135th rank to be amongst the top three nations in fixed broadband within the next three years” concluded Ambani.

Tags: Chief Minister Shri Naveen Patnaikjiinducing a sea changeJioGigaFiber in OdishaMukeshAmbaniOn Progress of JioReliance Industries Limited

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