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RIL to invest Rs 2.5 lakh crore in Digital India

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VoicenData Bureau
New Update
Drama Mukesh Ambani

NEW DELHI: Country's top business conglomerate Reliance Industries is investing Rs 2.5 lakh crore in Prime Minister Narendra Modi's pet project Digital India and this investment will create five lakh jobs in the country.

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“Firstly, in terms of infrastructure, we are rolling out an all IP Next-Generation, wireless broadband infrastructure across all the 29 states in India and this will be amongst the best in the world,” RIL Chairman Mukesh Ambani said during the launch of the Digital India initiative today.

He said that its telecom arm Reliance Jio will be setting up a new nationwide distribution network that will enable over a 150,000 small electronic retailers to sell and service smartphones and internet devices.

The company is also working with device manufacturers, encouraging them to make in India smartphones and internet devices at an affordable price. "We will give them an assured offtake through our retail system. We are committed to make necessary investments and strongly partner with central and state governments in the areas of e-governance, digital education, digital health care, smart cities and rural digital services."

He also said that that it is creating a Jio Digital India start-up Fund and entrepreneur ship hubs in key citied and towns. "Our intent is to provice a platform for young Indians who want to create digital business of the future."

reliance-jio mukesh-ambani digital-india ril
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