financetom
Business
financetom
/
Business
/
Mukesh Ambani speech full text: Facebook-Jio deal will accelerate India’s digital economy
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Mukesh Ambani speech full text: Facebook-Jio deal will accelerate India’s digital economy
Apr 22, 2020 2:28 AM

The new partnership with Facebook is aimed at serving all Indians, said Mukesh Ambani in his speech following the announcement of the Facebook- Jio deal. As per the deal, Facebook will invest Rs 43,574 crore in Jio for a 9.99 percent stake.

Share Market Live

NSE

Here is the full transcript of the speech made by Mukesh Ambani:

My Fellow Indians, Namaskar.

I trust that all of you are safe and well. I am here to share with you some exciting news today.

All of us at Reliance and Jio are delighted to welcome Facebook Inc. as our long-term and esteemed partner.

At the core of our partnership is the commitment that Mark Zuckerberg, founder of Facebook, and I share for the all-round digital transformation of India and for serving all Indians.

Together, our two companies will accelerate India’s digital economy. "To empower you, to enable you and to enrich you."

Our partnership will be a great catalyst to make India the world’s leading digital society. Over the past few years, Facebook, WhatsApp and Instagram have become household names in India.

WhatsApp, in particular, has entered our people’s daily vocabulary in all the 23 official languages of India. WhatsApp is not just a digital application. It has become aapka, aur hum sabka, pyara dost. A friend who brings together families, friends, businesses, information-seekers and providers.

The combined power of Jio’s world-class digital connectivity platform and Facebook’s intimate relationship with the Indian people will offer innovative new solutions to each one of you.

In the very near future, JioMart – Jio’s digital new commerce platform, and Whatsapp – will empower nearly 3 crore small Indian Kirana shops to digitally transact with every customer in their neighbourhood.

This means all of you can order and get faster delivery of day-to-day items, from nearby local shops. At the same time, small Kiranas can grow their businesses and create new employment opportunities using digital technologies.

And in the days to come, this winning recipe will be extended to serve other key stakeholders of Indian society…our Kisans, our small and medium enterprises, our students and teachers, our healthcare providers and above all our women and youth, who form the foundation of a New India.

Our visionary and most respected Prime Minister Shri Narendra Modi Ji has set two ambitious goals in his ‘Digital India’ Mission —

‘Ease of Living’ for all Indians, especially for common Indians; and ‘Ease of Doing Business’ for all entrepreneurs, especially for small entrepreneurs. Today I assure you that the synergy between Jio and FaceBook will help realise these two goals.

Finally, I take this opportunity to wish each and everyone of you good health and safety in the current extraordinary situation in India and around the world. We are all in this together, and together we will overcome this pandemic. 'Corona Harenga, India Jeetega!' With our collective efforts India will surely emerge stronger, healthier and better.

Thank you and Jai Hind.

(Disclaimer: Reliance Industries Ltd., which also owns Jio, is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.)

First Published:Apr 22, 2020 11:28 AM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
Copyright 2023-2026 - www.financetom.com All Rights Reserved