Google is going to invest an amount of Rs 33,737 crore in the Indian telecom service Reliance Jio. The investment was announced at the company’s 43rd annual general meeting (AGM). Reliance Chairman Mukesh Ambani also announced that Jio has developed a Made in India 5G solution from scratch.
If things go as right, then Jio will become one of the top exporters of 5G solutions in the world. The company will also provide a completely managed 5G service to other telecom operators.
Since Facebook’s $5.7 billion investment in Jio back in April, the Indian telecom service has come up with several new apps and services such as a new online grocery delivery service called JioMart, a zoom alternative called JioMeet, and even a new messaging service called JioChat which is essentially a WhatsApp clone.
Apart from revealing the “Made in India 5G” to the world, Jio is also looking forward to producing low-range smartphones that will support 4G and 5G connectivity. At the event, the company announced that Jio and Google will come together and launch a new Android OS exclusively for affordable devices.
In addition to that, the Indian telecom giant has also unveiled a product named JioGlass. The glasses are claimed to provide the best-mixed reality experience to teachers and students. JioGlasses will enable virtual 3D classrooms and will have 25 pre-installed apps. They will support augmented reality video meetings and have other amazing features.
Not only this, but Jio is also going to launch a new video streaming platform named Jio TV Plus. As mentioned in the general meeting, Jio TV+ will offer content from OTT platforms, including Hotstar, Netflix, Amazon Prime, and more, all in one place.