Posts Tagged ‘Reliance Industries’

Reliance Industries Commissioned World’s Largest Ethane Plant in Record Time

April 21, 2017

On 19th April 2017, Mukesh Ambani-led Reliance Industries Limited (RIL) announced that it has started the ethane plant at its Dahej manufacturing facility in Gujarat. The company completed the construction of the largest and most complex plant in the world in record time by spending USD 1.5 billion.

Statements from RIL

In a statement released, the company said that it is pleased to announce the flawless and successful completion of its ethane project at the Dahej manufacturing facility in Gujarat. It also said that it has begun ethane cracking, and ethane receiving and handling facilities at the plant in less than three years, which is a record time.

RIL stated that the successful start-up shows the company’s capacity to create a world-scale infrastructure with the help of complex technologies. The company added that the execution of this project at such a large scale is first-of-its-kind in the world.

RIL said that the supply of ethane will offer feedstock security and flexibility. It will let the company choose the most optimal feed mix depending on market conditions.

The statement further mentioned that this will improve the cost competitiveness of the company’s present crackers and let RIL optimize its portfolio in a volatile market environment.

Transportation of ethane from the US

Natural gas ethane is produced in abundance in North America because of the shale gas revolution. The revolution has generated cooking gas, Liquefied Petroleum Gas (LPG) and Liquefied Natural Gas (LNG) in large quantities. In the past five years,  North America’s shale gas industry has witnessed a phenomenal growth and this has reduced ethane prices.

RIL will import ethane from North America in large quantities and use it in its cracker as feedstock to make petrochemicals. The company has planned to transport 1.5 million tons of ethane every year from its shale joint ventures in the United States (US) to its manufacturing plant in Gujarat. Ethane is mainly used as a petrochemical feedstock. It makes ethylene by the process of steam cracking.

Mukesh Ambani led RIL has two joint ventures in Marcellus Shale of Pennsylvania. One of its joint ventures is with Chevron. The company has made an investment of USD 1.7 billion for this. Its other joint venture is with Carrizo Oil & Gas. For this, RIL has made an investment of USD 392 million.

The entire process chain began from securing ethane refrigeration capacity in Gulf Coast in the US. The next step was delivering dedicated Very Large Ethane Carriers (VLECs) to ship ethane to the West Coast of India from the US Gulf Coast. The VLECs later transported liquefied ethane to the Dahej terminal in Gujarat.

RIL constructed ethane receipt and handling facilities at its manufacturing plants in Dahej, Nagothane, and Hazira. The construction included setting up of pipelines and upgrading of crackers to receive ethane. The liquefied ethane received in Dahej will be used to supply feedstock for crackers in RIL’s Dahej, Nagothane, and Hazira manufacturing facilities.

Summary

RIL completed the construction and commissioned the largest ethane plant in the world in a record time at its Dahej manufacturing facility.

Mukesh Ambani on Why Reverse Brain Drain is Necessary

April 11, 2017

The Chairman of Reliance Industries Limited (RIL), Mukesh Ambani expressed his views on different subjects at the India Today Conclave held in March 2017. 

Mukesh Ambani’s views on reverse brain drain

Mukesh Ambani supported the policies of the United States (US) President Donald Trump and stated that a reverse brain drain is bound to happen. He said that the brightest and best brains should now work to benefit the country and Indians. According to Mr. Ambani, the world is entering the fourth Industrial Revolution and it is also the first technological revolution that will have an impact on us.

He believes that if Indians working outside are brought back, then India will be blessed and its developmental pace will escalate. Mukesh Ambani also believes that all the things in the world happen at the right place and at the right time.

He informed that every month, RIL brings back at least two to three leaders from across the world. He said that people always remain Indian from their heart and they want to come back home. RIL gives them an opportunity for this, he added. 

Mukesh Ambani’s views on Narendra Modi

At the conference, Mukesh Ambani praised Prime Minister (PM) Narendra Modi for his demonetization and digitization drives.

He said that demonetization has converted unproductive money to productive money and brought it to use. It has also enabled the country to move from a cash economy to a digitally enabled optimal cash economy. He believes that currently, India is performing well and has a promising future.

Mukesh Ambani said that India today has a potential leader which would help it lead the industrial revolution. He feels that the country has a leader who understands the world and technology along with understanding his people.

Mukesh Ambani was impressed by PM Narendra Modi when he visited the US. The Indian Prime Minister joined the then US President Barack Obama for dinner and they only discussed how technology would help to develop the poor in a country.

Mukesh Ambani’s views on technology

Speaking of the industrial revolution, Mukesh Ambani said that technology will play a significant role in the revolution. He believes that technologies like cloud computing, robotics, nanotechnology, mobile Internet, artificial intelligence, and genomics will be the foundation of this revolution.

Mukesh Ambani said that in today’s technological world, it takes a fraction of a second for information to travel all around in digital form. According to him, technology is a leveller as it does not discriminate on the basis of caste, creed, and religion.

Mukesh Ambani feels that India has the ability to lead the industrial revolution. He stated five reasons for this. They are India’s majority of the youth population, a wide scope for technological infrastructure, citizens connected to the global Internet, large and an open market, and an ambitious leader.

He believes that India’s street smartness and the global technology will form an unbeatable combination to enable the country to lead the digital revolution. He revealed that post the launch of Reliance Jio, India became the highest data consumer in the world in just 170 days and said that Jio will be connecting 58,000 schools and colleges to overcome the challenges of education in India.

Summary

At the India Today Conclave 2017, Mukesh Ambani expressed his views on reverse brain drain, technology, and digitization, and praised Prime Minister Narendra Modi.

Reliance Jio Collaborates with AT&T and The Linux Foundation for the ONAP Project

April 5, 2017

The telecom arm of Reliance Industries, Reliance Jio Infocomm led by Mukesh Ambani has joined hands with the US-based telecom operator American Telephone & Telegraph Company (AT&T) and The Linux Foundation. Reliance Jio will be working with open source communities via the Open Network Automation Platform (ONAP) project as a Platinum member. The collaboration will enable Jio to propel innovation in the telecom industry in areas of software-defined networking (SDN) and network functions virtualization (NFV).

Reliance Jio’s association with ONAP

ONAP is the fastest-growing open networking initiative as it has unified open source community members and industry leaders from Europe, North America, and Asia.

President of Reliance Jio, Mathew Oommen expressed his delight over the collaboration with the ONAP community. He stated that Reliance Jio’s assets and resources in the association will help to make telecom a cloud-centric digital platform. Developers, customers, and partners will then be able to contribute and add value to the platform, he added.

Reliance Jio has established an excellent all-Internet Protocol (IP) network with 4G Long Term Evolution (LTE) technology. Jio is the only network that supports Voice over LTE (VoLTE) technology and has been established as a mobile video network from the ground up. Jio’s pan-India 4G network has made the company, the largest data carrier in the world.

Jio’s involvement in the ONAP project proves its dedication towards network transformation. Through open source network, the company aims to move beyond its all-IP and 4G LTE network technologies. The open source program will assist Jio in offering quick, innovative and affordable services across wireless and wireline technologies.

Mathew Oommen also said that Jio will be an active participant in the ONAP initiative and this will enhance its delivery, management, and service creation.

About ONAP

ONAP is a joined project and one of the largest open source programs, created in February 2017. The project is operated by The Linux Foundation’s Open Orchestrator Project (OPEN-O) and AT&T’s Enhance Control, Orchestration, Management & Policy (ECOMP). The initiative lets open source community developers and software, cloud and network providers to work together in an open ecosystem, thus encouraging innovative services.

ONAP project has members like AT&T, China Mobile, Nokia, China Telecom, Tech Mahindra, ZTE, Cisco, Ericsson, VMware, GigaSpaces, Bell Canada, Huawei, Amdocs, IBM, Orange, and Intel, among others. Reliance Jio became the first Indian telecom operator to join ONAP.

Chris Rice, the Chairperson of ONAP and Senior Vice President of AT&T Labs said that ONAP is excited to have Reliance Jio as a member. The company will help ONAP to expand its global reach. He further stated that ONAP aims to make and promote a robust networking automation community with Jio’s support.

Mukesh Ambani led Reliance Jio is establishing global centers of excellence and offering resources for new initiatives. Its association with ONAP will expedite the process and support The Linux Foundation in future service innovations and developments.

Summary

Reliance Jio collaborated with The Linux Foundation and AT&T for the Open Network Automation Platform (ONAP) project to drive innovation in the telecom industry.

Most Jio Users Happy with the Speed, Prime Members to Receive Cashback Offers

March 24, 2017

Mukesh Ambani led Reliance Jio has established itself as a major telecom brand after only a few months of its launch. The network operator’s services have been positively received by the masses, making it a leading brand in terms of customer base.

Jio’s cashback option for Prime members

Reliance Jio will begin charging for its services from the 1st of April. However, the brand has introduced a scheme for Prime members, wherein they may recover the INR 99 paid as a subscription fee. Users who pay their membership fee through the JioMoney app become eligible to receive INR 50 as cashback. Under the membership, those who opt for INR 303 monthly plan and do the recharge using JioMoney, will receive another cashback of INR 50. In this way, users can easily recover the subscription amount of INR 99.

The offer will help Jio in drawing customers to its Prime membership plan. The cashback option on the monthly INR 303 recharge will also enable the brand to add high-value users to its network and consequently increase its average revenue per user (ARPU) base.

Partnership with Paytm

Wallet applications like Paytm have partnered with Jio to offer the benefit of cashback to its users. Individuals who pay via Paytm for the Prime membership will receive a cashback of INR 10.

Mukesh Ambani  led Jio had declared in February that existing customers, as well as those who opt for the network provider’s services by March 31st, could enroll in the Prime membership plan by paying a one-time subscription amount of INR 99. It had also introduced the INR 303 monthly plan, which offers 1 GB data per day for 28 days, along with free STD and local calls.

Bank of America Merrill Lynch’s survey

Bank of America Merrill Lynch (BoAML) had conducted an online survey, which found that 57 percent of Jio subscribers believe that the telecom operator’s data speed is much faster than that of incumbent operators. BoAML surveyed 1000 individuals from Jio’s 100 million customer base. A similar survey conducted back in December 2016 revealed that 55 percent users believed the network to be faster than that of competitors.

According to the report, about 84 percent Jio users were expected to opt for Prime membership post the expiration of the free offer. It also revealed that 70 percent of users would opt for the INR 303 monthly plan and 96 percent would pay for Jio’s services. From the 96 percent, 12 percent would prefer non-Prime plans, while the remaining 84 percent would pay through the Prime offer.

The BoAML survey also found that 65 percent of users have been using Jio as their primary SIM. However, the previous survey conducted in December 2016 revealed that 50 percent individuals used it as their primary SIM.

The findings further suggested that 80 percent users remembered their Jio mobile number, while 92 percent said they had shared it with their contacts. Besides these, the survey suggested that Jio has improved its voice calling services over the months.

Summary

Reliance Jio offers cashback option to Prime members. A survey by BoAML also revealed that 57 percent of users feel Jio’s speed is faster than that of competitors.

Mukesh Ambani Speaks About India’s Potential to Lead the Fourth Industrial Revolution

March 21, 2017

Speaking at the India Today Conclave 2017, the Chairman of Reliance Industries Limited (RIL), Mukesh Ambani praised Prime Minister Narendra Modi’s demonetization and digitization initiatives and spoke about India’s technological potential.

Mukesh Ambani’s views on demonetization and digitization

With reference to demonetization, Mukesh Ambani said that India has moved from being a ‘cash economy to a digitally-enabled optimal cash economy’. He stated that India is great today and will be fantastic in the future. The industrialist added that when Prime Minister Narendra Modi met the then United States (US) President, Barack Obama, for a dinner at White House, they only discussed technology and how it could benefit the poor in a country.

With reference to the Narendra Modi-led Bharatiya Janta Party’s victory in the Uttar Pradesh elections, Mukesh Ambani stated that the Prime Minister understands the people of India, the world, and technology. He even said that the country is blessed to have him as a leader.

According to Mukesh Ambani, the credit in India has always been large in value but low on volume and hence available only for a few people. He said that Aadhaar-based identity will be linked in the coming years, after which taking a loan could be done through a mobile phone within a few minutes.

Mukesh Ambani revealed that India is the fifth largest and the fastest growing economy. According to him, the country’s current pace of growth could make it the third largest economy.

Due to the launch of Reliance Jio, India has recorded the highest data consumption in the world. Mukesh Ambani informed that Jio will be connecting 58,000 colleges and schools through digitization, thereby establishing the most digitally-enabled education system in the world.

India’s technological potential 

Mukesh Ambani said that the world is entering the fourth industrial revolution and India has the potential to lead this revolution. He believes that bringing back the brightest minds working overseas will enable the country to achieve this goal.

He stated that physical, biological and digital sciences are merging, which in turn will allow humans to redesign and rediscover all the aspects of life that exist on the planet. He further stated that technologies like robotics, artificial intelligence, cloud computing, nanotechnology, genomics, and mobile internet form the base of the revolution.

Speaking on India’s capacity to lead the industrial revolution, Mukesh Ambani stated five reasons for it. He revealed that India is a young country with 63 percent of its population aged under 35 years, with the skill to adapt faster to modern technology.

He feels that the lack of digital infrastructure in India will be helpful as it will enable the country to skip multiple generations of technology and directly adopt the upcoming generation.

According to him, India has a large and open market and is one of the most attractive places for business, technology, and global talent. Moreover, the leadership in India believes in connecting the country to the world. Lastly, he stated that India has the determination, political vision, capacity, and leadership to excel in technology.

Summary

Mukesh Ambani said that India has the capacity to lead the fourth global industrial revolution. He also praised Prime Minister Narendra Modi for his initiative to demonetize and digitize the country.

Elated at Jio’s 100 Million Customer Base, Mukesh Ambani Reveals the Factors Important for Business Growth

February 17, 2017

Reliance Jio’s unprecedented success has led to the brand creating a large-scale impact on the Indian digital sector. Chairman of Reliance Industries Limited (RIL), Mukesh Ambani has been overwhelmed by the response that the telecom subsidiary has garnered within a few months of its commercial launch.

Mukesh Ambani’s views on Jio’s growing customer base

At the Nasscom Leadership Forum, 2017, Mukesh Ambani expressed his amazement at Jio’s rapid growth in terms of its subscriber base, which has now crossed the 100 million mark. He stated that the company’s target was to acquire close to 100 million customers within a short period. However, he added that no one imagined that the company would reach its target in only a few months.

Reliance Jio made its initial entry with a soft launch on 27th December 2015. This rollout of data services was restricted to RIL employees. Later on, these facilities were made available to customers from 5th September 2016. With regard to customer acquisition, Mukesh Ambani revealed how the Aadhar card-based e-KYC system enabled Jio to draw a massive number of customers each day, an achievement not many can boast of.

Massive increase in customers in the shortest time

Customers may subscribe to the Jio network through verification of their Aadhar card numbers, which is a quick and convenient procedure. The company had recorded over 50 million users on its network within only 83 days of its launch, wherein 6 lakh subscribers were being added to its customer base each day.

Reliance Industries Limited had mentioned Jio’s approximate number of subscribers when it announced its quarter three results, revealing a customer base of 72.4 million as of December 31st, 2016.

Mukesh Ambani’s ideas on making a business succeed

At the Nasscom Forum, Mukesh Ambani stated that in order to succeed as an entrepreneur, it is important to handle the investors’ money more carefully than one’s own. He also added that having the right team is crucial to the success of any business. Mukesh Ambani personally considers these two aspects to be the key factors responsible for driving an enterprise. At the forum, he shed light on his entrepreneurial journey and the factors that contributed to his success. He also made a reference to the first lesson in entrepreneurship that he learnt from his father. According to him, an entrepreneur must first find the problems that he is passionate about and only then proceed with solving the same. Besides, in his view, solutions to problems should have a positive impact on the masses and their resulting financial returns should only be given secondary importance. This aspect, he stated, has been institutionalized at RIL.

Mukesh Ambani emphasized on learning for failures instead of being discouraged by them. He believes that an entrepreneur should be optimistic and help the team realize his own vision in order to achieve a common goal.

Summary

Mukesh Ambani spoke about Jio achieving its target of 100 million customers and the important factors responsible for a successful business at the Nasscom Forum.

New Health and Fitness App, JioHealthHub, Launched by Reliance Jio

January 27, 2017

After the launch of a range of premium applications, Mukesh Ambani led Reliance Jio recently introduced a new app called JioHealthHub. This app caters to a variety of medical and fitness needs of consumers today.

User interface and convenience of JioHealthHub app

JioHealthHub app is easy to navigate. It has a minimalistic design, which prevents any inconvenience to users. There are specific logos for every category, thereby avoiding any confusion. These logos stand for eight categories, namely Shared With Me, My Health Data, Health Charts, Medical History, Offers, Sync Accounts, Shared By Me, and My Accounts. To access this app, users will have to create an account. Once this process is complete, all data regarding their health that is uploaded by users to the app gets saved onto the cloud. Therefore, users will have access to the data on their account anytime from any device, provided they have the Internet connection.

Privacy and security

Users may rest assured of their privacy when they enter their personal medical and fitness data on the app. The app is secure and even enables users to share medical-related information in the form of lab reports, prescriptions, and much more with their doctor, family, or friends. Users’ contacts will not be able to share their details with others. However, they could do so only with the users’ consent. For added security, JioHealthHub does not support screenshots.

Automatic segregation of files

Once the user’s lab reports are ready, the partner labs could share the same with them through the app. These would then get saved into a specific folder for later reference. Users will not have to spend time or effort behind segregating files like medical reports. The app does this automatically. Unclassified files or ones that are not directly related would be saved by the app in the ‘My Health Folder’, which is a central repository.

Personal health profile and access to medical images

Being a comprehensive health app from Jio, users could create and maintain their personal health profile conveniently. They could enter details concerning their gender, age, height, contact number, medical insurance policy, address, and even an emergency phone number. In addition to this, users could save relevant information regarding their family medical history, genetic disorders, as well as allergies, if any. This data would be saved in an organized manner so that individuals could use the same while consulting their doctor. In addition to this, JioHealthHub lets users view CT scans, x-rays, and other such medical reports. Having an easy access to such reports would also enable users to get opinions regarding their condition from more than one medical practitioner.

After downloading the app, individuals need to create their account and thereafter their medical profile. After this, they could click on the ‘My Health Data’ option in case they wish to upload medical bills, prescriptions, or any such files. They could go to ‘My Account’ option, whenever they want to make changes to their account or log out of the app.

Summary

JioHealthHub app lets users keep a complete track of their health. The Jio Happy New Year Offer, valid till 31st March 2017, offers premium Jio apps like JioMusic, JioCinema, as well as JioHealthHub, besides other data services for free.

Mukesh Ambani Believes India is Prepared for the 4th Industrial Revolution

January 19, 2017

Reliance Industries Limited’s Chairman and Managing Director, Mukesh Ambani recently made his presence felt at the World Economic Forum (WEF) meet, which was held in Davos, Switzerland. In his speech, he supported the concept of a free market system. Additionally, he emphasized on the need to maintain an equal distribution of wealth across the world, without the intervention of extraneous factors. According to him, the creation of wealth is necessary since it is the precursor to the distribution of the same. He stated that building wealth is a challenge. However, once it happens, distribution of the same would be much easier.

Mukesh Ambani’s views at the WEF

At the global platform, Mukesh Ambani highlighted the success of the Indian Government’s demonetization drive. He praised the Indian Prime Minister Narendra Modi for his strong leadership and stated that the demonetization move’s success has proven that India is ready for the 4th industrial revolution. Mukesh Ambani shared his thoughts on what the country must do in order to facilitate the development of its people. According to him, the technology could help transform India, especially if the country’s educational institutions integrated it into their systems. Mukesh Ambani said that this would be possible only if the foundation is set, wherein all individuals embrace technology.

India’s ability to adapt to new technology

When Mukesh Ambani was asked about his views on the future, he stated that 2016 mainly entailed understanding the 4th industrial revolution’s technology, 2017 will see these technological concepts being implemented. He added that using the technologies in the right manner, so as to benefit the people would be a challenge. At the WEF Annual Meeting, Vishal Sikka, the chief of Infosys also shared the dais with Mukesh Ambani. He supported Mukesh Ambani’s views by stating that the demonetization drive has revealed to the world that India is capable of embracing technological changes in the right spirit. He stated that technologies like artificial intelligence should be used carefully so as to avoid social disturbances.

Success of the demonetization movement

With regard to India’s demonetization drive, Mukesh Ambani stated that over the past three months there has been a large-scale movement of digital money as compared to cash. According to him, the move was supported by people across India, mainly because they believed in its long-term benefits. Mukesh Ambani stated how a company could play an important role in propelling the growth of the country by creating inclusive technology. He maintained that this is something that Reliance Industries Limited has strived to achieve.

Reliance Industries Limited’s telecom arm, Reliance Jio is rapidly advancing in this direction by using technology to offer free data services to people and empower them. Jio’s foray into the telecom sector impacted the market to a large extent and caused several incumbent operators to reduce their tariff rates as well. The telecom company has already garnered more than 72.4 million users shortly after its commercial launch.

Summary

Mukesh Ambani announced that India is ready to embrace the 4th industrial revolution, at the World Economic Forum (WEF) meet.

Reliance-Sibur JV Plans to Set up South Asia’s first Halogenated Butyl Rubber Unit at Jamnagar

January 18, 2017

Reliance Industries Limited (RIL) and Russian petrochemical giant SIBUR signed an MoU at the recently-concluded Vibrant Gujarat Summit at Gandhinagar to set up South Asia’s first butyl rubber halogenation unit at RIL’s integrated petrochemical site in Jamnagar, Gujarat.

The unit will produce 60,000 MT of halogenated butyl rubber every year under Reliance Sibur Elastomers Private Limited (RSEPL) – a joint venture (JV) of which RIL owns 74.9%, and SIBUR 25.1%.

Apart from the planned halogenation unit, the JV owns a 1,20,000 MT per annum butyl rubber plant, currently under construction at the same venue which will provide the necessary butyl rubber feed to the halogenation unit.

Commenting on the halogenated butyl rubber unit, Mr Nikhil Meswani, Executive Director, RIL, said, “RSEPL’s halogenated butyl rubber plant will be well-poised to capitalise on the significant surge in regional demand in tyre and pharmaceutical industries. India is expected to see a quantum jump in tyre production, with Indian and International tyre majors gearing up to make capital investments of Rs. 15,000 crore. The halogenated butyl rubber demand is expected to grow at a rapid pace of 8- 10% CAGR over the next few years, driven by increasing customer preference for tubeless tyres in India and neighbouring countries, and significant investments in the manufacture of pharmaceutical closures and tank inner liners.”

“India offers attractive investment opportunities given the growing local demand for synthetic rubbers and Gujarat’s favourable investment environment coupled with the well-developed infrastructure and raw material availability at a world-class Industrial site owned by RIL. SIBUR has a long track record of successful cooperation with RIL and Gujarat’s government, which has provided us with a solid basis for expanding our footprint in India,” said Mr. Dmitry Konov, Chairman of SIBUR’s Management Board.   Halogenated butyl rubber is a key ingredient for manufacturing inner liner of tubeless tyre. With the Indian automobile trend aligning with global trends, penetration of tubeless tyres is expected to accelerate in the Indian market, resulting in an increased demand of halogenated butyl rubber. The ingredient is also used in the manufacture of pharma stoppers, inner liner of storage tanks, etc.   Construction of the butyl rubber plant is in full swing at Jamnagar, its commissioning targeted for 2018.

Production from RSEPL will substitute imports and reduce outflow of valuable foreign exchange from India, providing impetus to the government’s Make in India initiative.

RSEPL is a joint venture formed between Reliance Industries and SIBUR in February 2012 to produce 1,20,000 tonnes of butyl rubber per year at RIL’s integrated petrochemical site in Jamnagar, India. RIL owns 74.9% stakes, and SIBUR 25.1% in the joint venture.

About Reliance Industries Limited (RIL): 

Reliance Industries Limited (RIL) is India’s largest private sector company, with a consolidated turnover of INR 296,091 crore ($44.7 billion), cash profit of INR 40,737 crore ($6.1 billion), and net profit of INR 27,630 crore ($4.2 billion) for the year ended March 31, 2016.

Mukesh Ambani led RIL is the first private sector company from India to feature in Fortune’s Global 500 list of ‘World’s Largest Corporations’ – currently ranking 215th in terms of revenues, and 126th in terms of profits. RIL ranks 238th in the Financial Times’ FT Global 500 list (2015) of world’s largest companies. RIL ranks 121st on the Forbes Global 2000 list (2016), continuing to be the top-ranked Indian company. RIL’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

About SIBUR:  

SIBUR is a uniquely positioned vertically integrated gas processing and petrochemicals company. It owns and operates Russia’s largest gas processing business in terms of associated petroleum gas processing volumes, and is a leader in the Russian petrochemicals industry.

SIBUR operates 26 production sites located all over Russia, serving over 1,400 large customers engaged in the energy, chemical, fast moving consumer goods (FMCG), automotive, construction and other industries in approximately 75 countries worldwide, and employs over 27,000 personnel.

Summary:

Reliance Industries and SIBUR have planned to set up South Asia’s first halogenated butyl rubber unit at Jamnagar.

JioTV App Increases its Channel Base from 368 to 412

January 3, 2017

Mukesh Ambani led Reliance Jio launched its 4G services in September 2016 together with a range of premium Jio applications. These include TV streaming, music and movie streaming, and digital wallet applications, among many others. JioTV has been one of the most popular apps on Google Play offering users access to some of their favorite TV shows. The app has now added a collection of 44 new channels, bringing up JioTV’s channel count from the earlier 368 to 412.

Number of channels included

Of the channels included, 9 belong to the entertainment segment, 18 to the news segment, 3 to the music segment, 4 to the movie segment, and 6 to the devotional segment.  While earlier, there were 112 news channels, the recent addition has taken the number to 130. Additionally, there are 99 entertainment channels in all now. The number of music channels sums up to 34, while the movie channels total up to 36. The collection on JioTV also includes a channel on infotainment business news and two channels in the lifestyle segment.

The most comprehensive channel list

Jio is among the first mobile TV apps to offer such a large number of channels. This easily makes Jio’s services similar to those offered by multi-system operators (MSOs) and direct-to-home (DTH) operators. JioTV includes channels offered by the leading broadcasters in India. These include Discovery Networks India, TV Today Network, ABO News Network, Sony Pictures Networks India (SPNI), Star India, NDTV, Turner India, Viacom 18, TV 18, Sun TV, and ZEEL.

Rich digital experience

Through JioTV, users can enjoy live television channels. If they miss out any program, JioTV’s past seven-day collection of shows will enable them to view the missed episodes. The app is also Star India operated, Hotstar’s digital partner. Moreover, Google Play has recorded about 10 to 15 million JioTV downloads by users.

Mukesh Ambani led Reliance Jio has strengthened its customer base with over 50 million users. Although the total worth of apps, including JioCinema, JioMags, JioMusic, JioXpress News, JioMoney, Jio Cloud, and JioTV for a month is Rs. 1,250, all these applications are currently offered for free under the Jio Happy New Year Offer. This offer, which is valid until the end of March 2017, gives users access to free data services as well as Jio apps. Before this new offer was introduced, customers were using the services available under the initial welcome offer. Existing as well as new Jio customers can conveniently avail of the Jio Happy New Year Offer. However, the only difference that exists between the former offer and the new one is the revised data limit. The Fair Usage Policy (FUP) limit for the former was 4 GB, while the FUP limit for the new one is 1 GB. With a customer base of more than 50 million, the company intends to increase the number to 100 million by the end of March 2017.

Summary

Reliance Jio’s TV app, JioTV now has a total of 412 channels. The Jio Happy New Year Offer also gives customers access to free data and app services.