Mukesh Ambani's Reliance Industries to take on Amazon, Flipkart, others! Here's is his next disruptive plan
Reliance Industries chairman Mukesh Ambani looks set to take on e-commerce giants like Amazon, Flipkart.
After successfully disrupting the telecom market with the launch of Reliance Jio some two years ago, Reliance Industries chairman Mukesh Ambani looks set to take on e-commerce giants like Amazon, Flipkart.
Speaking at the Make in Odisha Conclave 2018 on Monday, Ambani said Reliance is working on a plan to create a new commerce platform which will be largest in the world. The platform will aim to transform the lives of around 3 crore merchants across the country, enabling them to do all that large enterprises and e-commerce giants are able to do with the help of technology.
"Reliance is working on creating the world’s largest online-to-offline New Commerce Platform," Ambani said.
"We are working on transforming the lives and businesses of 3 crore merchants in the country. We will enable them to do everything that large enterprises and large ecommerce players are able to do," he added.
Ambani assured that Reliance and Jio will "considerably improve the Ease of Living for everyone, and also improve the Ease of Doing Business for Odisha’s small and medium entrepreneurs."
"This will create millions of new and attractive employment opportunities for the talented youth of Odisha …in their own state," he added.
Ambani said Reliance has already invested over Rs 6000 crore in Odisha. He committed an additional Rs 3000 crore in the next three years in the state. With Reliance Jio, Ambani said over 30,000 people have got employment.
Since Jio started operations, Ambani said, "India has moved from 155th rank in mobile broadband penetration to being the number 1 nation in mobile data consumption in the world."
Notably, Reliance Jio has connected all cities and towns, and 43 thousand villages in Odisha.