Reliance Chairman Mukesh Ambani addressed the company’s 43rd Annual General Meeting (AGM) on Wednesday. Ambani made several important announcements while addressing the company’s first virtual AGM organized through Jio Meet. He apprised shareholders of the company’s future strategy with a market capitalization of Rs 12 lakh crore. Also announced Partnership of Jio and Google.
At this AGM, Reliance announced the launch of new products such as Jio TV + and Jio Glass. Ambani also said that Jio is ready to launch a 5G service in India. Meanwhile, Reliance has announced that giant IT giant Google will invest Rs 33,737 crore in the company’s digital platform Jio Platforms. On the much-awaited deal with Saudi Aramco, Ambani said that the deal could not go ahead due to unforeseen circumstances.
At the 43rd AGM of Reliance Industries Limited (RIL), the Chairman of Reliance Industries announced 2G MUKT (2G MUKT). Under this, Jio will launch a cheaper Android smartphone with Google. Under this, an effort will be made to bring all 2G feature phone users to the smartphone. Let me tell you that recently Google has announced an investment of 75,000 crores for Digital India in India.
At the AGM, Ambani said that the company has developed a 5G network, which is the best 5G network in the world. Jio claims that its 5G network consists entirely of home appliances. For this, the help of more than 20 startups has been taken. Ambani said that Google has invested Rs 33,737 crore in Jio, instead of which it will get a 7.7 percent stake.
Reliance AGM has also announced Jio Glass, a mixed reality glass. Geo Glass is a smart glass that supports both the Internet, the speaker, and the mic. You will also be able to call live glass.