Archive for February, 2018

Reliance Jio Collaborates with Samsung to bring IoT in India

February 28, 2018

Reliance Jio, the telecom brand of the Mukesh Ambani -led Reliance Industries Limited (RIL) is set to bring the Internet of Things (IoT) to India in collaboration with Samsung, the Korean tech giant. This partnership, which had commenced last year, entered in its next phase at the 2018 Mobile World Congress.

Partnership between Jio and Samsung 

The key point of discussion at the recently held 2018 Mobile World Congress was that Jio and Samsung will collaborate to deploy a cellular IoT network all over India. Both companies have mutually agreed to take their collaboration to the next stage by bringing the Long-Term Evolution (LTE) coverage to 99 percent of the country’s population by Diwali 2018. The vision behind this is to contribute towards the improvement of the network capacity across India.

Establishment of the Narrowband Internet of things (NB-IoT) 

Jio and Samsung together have already established the NB-IoT in February 2018. Their mutual goal is to roll out the nation’s first IoT network having new use cases targeted towards enterprises as well as consumers. The new use cases will have applications like security, smart metering, surveillance, vehicle tracking, smart appliances, and more.

NB-IoT—features and usability   

As a Low Power Wide Area Network (LPWAN) radio technology, NB-IoT allows a varied range of services and devices to be connected using mobile telecom bands. The NB-IoT network utilizes the existing Jio-owned spectrums. A simple software upgrade to the already-installed base stations can also enable it.

Jio’s approach 

The President of Reliance Jio Infocomm, Jyotindra Thacker stated that it is a top priority to ensure that everyone benefits from mobile broadband, which is affordable and widely available. Thacker said that Jio will once again collaborate with Samsung to offer a plethora of innovative services to all customers. Thacker explained that Jio currently has a subscriber base of 160 million across the country. He concluded by stating that the company is deploying approximately 8,000 to10,000 towers on a monthly basis.

Key people’s view of the launch and partnership

Talking about when Jio would roll out IoT in the country, the Senior Vice President of Technology at Jio, Tariq Amin stated that an entire ecosystem has to be created before the rollout. Amin emphasized that instead of doing a city-by-city launch, the company would do a pan India launch. He further stated that the company is waiting for the IoT platform’s maturity and not for network readiness.

The President and Head of Networks Business at Samsung Electronics, Youngky Kim expressed delight on contributing towards Jio’s rapid growth and success story. Kim said that Samsung, as a company, has been striving to provide the best experience to all the subscribers of Jio. Kim further stated that Jio’s LTE network will play a pivotal role in unlocking IoT’s potential and assure a much more safe and convenient environment for the customers.

Summary

Mukesh Ambani owned Jio collaborates with Samsung to bring IoT in India and take LTE to 99 percent of India’s population by Diwali 2018.

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Reliance Industries Limited Plans a ‘4th Industrial Revolution’ in Maharashtra

February 21, 2018

On Sunday, Feb 18, 2018, Mukesh Ambani, Chairperson of Reliance Industries Limited (RIL), revealed his plans for the ‘Fourth Industrial Revolution,’ which he intends to launch in Maharashtra. This initiative will be backed by an INR 60,000 crore investment and will see a coalition of more than 20 multi-national corporations.

The vision

Ambani believes that this ambitious plan will help with the success of his flagship Jio Movement and will also take forward his enterprising plans for a New Maharashtra, and in turn, a New India. RIL intends to set up an ‘Integrated Industrial Development Area’ in Maharashtra over the upcoming ten years, which is a first-of-its-kind initiative in the nation.

Maharashtra will be the center of activity

The company plans to make the state of Maharashtra the founding place and the cradle of the country’s Fourth Industrial Revolution. This will merge the disruptive technologies from digital, biological, and physical spheres. Ambani echoed this sentiment in the global investors’ conclave, ‘Magnetic Maharashtra: Convergence 2018’, which was inaugurated by Prime Minister Narendra Modi. In his address, Ambani noted that the setup of an integrated industrial area will make Maharashtra more magnetic and transform our society and the world as a whole in unexpected ways.

Collaboration by global companies

A number of global companies will co-invest in RIL’s mega project. These include familiar names such as Siemens, Corning, Cisco, HP, Dell, Nvidia, and Nokia. Their agreement for investment reflects on the fact that companies around the globe are working on harnessing Robotics, Blockchain, Artificial Intelligence, Internet of Things, Life Sciences, New Materials and New Sources of Energy, Next-Generation Virtual and Augmented Reality, and similar futuristic technologies. India, too, must catch up on this race and take up the role as a global leader, Ambani stated.

How it affects the state and country

The Industrial Revolution 4.0 will aid Maharashtra and India in resolving tough challenges that they are currently experiencing. Among these, high-priority concerns are increasing agricultural production, improving water and environmental security, socio-economic development in education and healthcare, generating employment opportunities for the people of the state and country, and making cities, villages, and towns SMART.

Mumbai, the ‘janmabhoomi’ and ‘karmabhoomi’

Describing Mumbai as the birthplace of RIL, Mukesh Ambani spoke about how the city is also his own workplace, where the company was first established by his father, late visionary Dhirubhai Ambani, with an initial investment of just INR 1,000 and a single employee.

At present, RIL has more than 350,000 employees and is the biggest wealth creator in India, Ambani observed. He also said that the company invests in our country’s Big Dreams, which involve building futuristic businesses by teaming up with new and young Indian talent. Till date, RIL has invested a whopping INR 250,000 crore in India. Of this amount, INR 22,000 crore, which is the highest share, came to Maharashtra.

Summary

Reliance Industries Limited will be launching the ‘Fourth Industrial Revolution’ in Maharashtra with an INR 60,000 crore investment.

RIL to Set Up an Electronics Park in Andhra Pradesh

February 14, 2018

Mukesh Ambani led Reliance Industries Limited (RIL) has planned to establish an electronics park in the temple town of Tirupati at Andhra Pradesh. This will give a boost to the Andhra Pradesh government’s plan of developing the electronics industry.

RIL’s investment plans for the electronics park

Tirupati has always been a large mobile manufacturing hub. Domestic handset makers like Celkon, Lava, Karbonn, and Micromax have their facilities in this town. The RIL electronics facility will be spread over 150 acres. It will be located in Chittoor district near Tirupati. Reliance Jio will manufacture varied devices like mobiles, televisions, set-top boxes, and batteries, among others in the facility. It will produce ten million JioPhones in a year from this new facility.

The Andhra Pradesh government announced that RIL aims to create an end-to-end ecosystem in the field of electronics. The new facility will start from chip designing and complete the entire process with product development. Apart from this, the company will also train students in electronics manufacturing at the proposed electronics facility.

Sources believe that RIL has promised to set up an Information Technology (IT) startup, a telecom ecosystem, and a digital infrastructure. This will be operated at over a 50-acre campus in Amaravati. The company is also planning to establish a large solar power plant having a capacity of 150MW at Peddapuram. Besides, RIL has proposed to equip 5,000 villages of the state with citizen service centers (CSCs). This will make government services reach people in an affordable way.

Ambani’s visit to Andhra Pradesh

According to sources in the Andhra Pradesh government, Chairman Mukesh Ambani has committed huge investments in the state of Andhra Pradesh. The investment may involve thousands of crores of rupees. Ambani promised this during a high-level meeting with the Chief Minister of the state, N. Chandrababu Naidu on 13th February. The meeting was held at the Secretariat at Velagapudi near Vijayawada.

Ambani informed the Chief Minister that RIL is willing to set up 100 entrepreneurial industries with the support of the state government. He said that if the state allows private investment, RIL will make investments in the sectors of health, education, and agriculture. He also said that Andhra Pradesh has the biggest opportunity to market its technology.

During his visit to Andhra Pradesh, the Chairman went to the Real Time Governance (RTG) center. The center was set up by the Naidu government at the Amaravati Secretariat complex. He praised the Chief Minister stating that he is way ahead than everything and has implemented all the things that Ambani has ever seen or heard. In the evening, Ambani had dinner with the Chief Minister at his official residence.

Complimenting Ambani, Naidu said that he has always loved how both Dhirubhai and Mukesh aim big and also implement that in a cost-effective way.

Once RIL receives all the necessary approvals, it is expected that the company will lay a foundation stone for the electronics park in the coming two weeks.

Summary

Mukesh Ambani’s RIL plans to set up a 150-acre electronics park in Tirupati at Andhra Pradesh.

Mukesh Ambani Announces INR 2,500 Crore Investment in Assam

February 7, 2018

Chairman of Reliance Industries Ltd. (RIL), Mukesh Ambani announced that the company would invest INR 2,500 crore in the state of Assam. He said this at the inaugural ceremony of the Global Investors Summit 2018 held in Assam.

RIL’s investment in five sectors

The INR 2,500 crore-investment will help RIL to strengthen its presence in the state. Ambani delightfully announced five commitments for Assam. The investment will be seen in diverse sectors like telecom, retail, tourism, sports, and petroleum. It will help to create more than 80,000 jobs in the coming three years.

In the retail sector, RIL has decided to increase its number of outlets from two to 40. It will also construct new petrol depots to raise the number from 27 to 165. Apart from this, RIL will inaugurate new offices in all 145 tehsil headquarters across the state.

Ambani stated that other telecom operators have always considered Assam as a low priority market, but RIL considers it as a ‘Category A’ market.

In the tourism segment, RIL’s philanthropic arm, Reliance Foundation will join hands with the Assam government to establish a center at a university for the promotion of eco-tourism and wildlife protection.

For the development of sports, Ambani stated RIL will again collaborate with Assam government to set up a top-class football academy. This will help to produce global players from the state. He further stated that the Indian Super League (ISL) is already a huge success in the state.

RIL’s position in Assam

Ambani revealed that RIL has generated 20,000 jobs in Assam. Its approach has always been to create sustainable livelihood opportunities. The company now aims to increase the opportunities by five times while creating one lakh jobs.

The company is also the biggest private sector investor in Assam as it has made an investment of INR 5,000 crore over the past few years. The telecom arm of RIL, Reliance Jio, has more than three million subscribers from Assam and it aims to increase it significantly in the coming months.

Ambani’s words for the government

Ambani complimented the Chief Minister of Assam, Sarbananda Sonowal for organizing the ‘Advantage Assam – Global Investors Summit 2018.’ He said that the state’s development potential is never-ending. During the 1950s, Assam was a developed state with its per capita income greater than the national average, he added.

In addition to this, Ambani also praised Prime Minister Narendra Modi. He said that the investors’ conference is happening at the right time. This is the time when India is also growing under the leadership of our popular Prime Minister. He said that Modi’s emphasis on ‘ease of living’ is influencing several other countries. Lastly, he praised the Narendra Modi government for proposing a budget, which is among the best budgets presented in the recent times. The budget focuses on all sections of the society, including farmers, he added.

Summary

At the Global Investors Summit 2018, Mukesh Ambani announced an investment of INR 2,500 crore in the state of Assam.