Jio Plans to Manufacture Mobiles, Set Top Boxes in West Bengal

In a major boost to mobile and internet connectivity in West Bengal, Reliance Industries Ltd Chairman Mukesh Ambani has announced that Reliance Jio Infocomm will manufacture mobile phones and set-meridian boxes in the land. Ambani too announced that the JioPhone will be "available on prioritized ground" for the people of West Bengal.

While addressing the Bengal Global Business Summit, Ambani declared that the Reliance conglomerate will set a "next generation" manufactory for electronics and also shared his expectation of providing a 100 per centum 4G coverage to West Bengal past 2018. Ambani, even so, shied away from sharing the financial details of the proposed factory.

Ambani said that although Reliance had pledged in 2015 an investment ₹4,500 crore in West Bengal, the grouping of companies has been able to invest more than ₹15,000 crore, especially on digital ventures including Jio. He lauded the concern-friendly ecosystem of West Bengal, appreciating the enabling policy and infrastructure.

The state of West Bengal will also get the taste of Jio's optic fiber network "before long" that volition connect the state's hospitals, school, and hospitals to the cyberspace. Stretching out an arm of support for both – customers and SMEs in Bengal, Ambani promised that Jio-branded digital service centers volition be opened at multiple locations. He also committed to investing boosted ₹5,000 crore to heave digital offerings excluding Jio to heave employment in the country.

Reliance Jio had recently marked the beginning of 2018 by calculation two new prepaid "Happy New year's day" plans worth ₹199 and ₹299 and slashed prices of the leading existing plans by ₹50. Despite the Indian regime'due south cautious stand, Reliance Jio likewise plans to bound aboard the cryptocurrency train by introducing its own digital coin, called "JioCoin" and will be using it initially in class of incentives to its subscribers. The disruptor telco is also exploring various option in the area of blockchain-backed IoT applications.