India's Reliance Jio to roll out 100m low-cost phones by December


FE Team | Published: September 09, 2020 20:10:51 | Updated: September 11, 2020 10:03:10


India's Reliance Jio to roll out 100m low-cost phones by December

Reliance Industries Ltd is looking to outsource the manufacturing of over 100 million low-cost smartphones that will be built on Google’s Android platform.

The phones, which will be bundled with data packs, could be launched in December 2020 or early next year, reports Reuters citing an Indian newspaper report published on Wednesday.

Reliance, India’s most highly-valued company, in July said Alphabet Inc’s Google will invest $4.5 billion in its digital unit.

Billionaire Mukesh Ambani, who controls Reliance, in July said that Google would build an Android operating system (OS) to power a low-cost “4G or even 5G” smartphone that Reliance would design.

Reliance has sold nearly 33 per cent of its digital arm, Jio Platforms, to raise 1.52 trillion rupees ($20.22 billion) and has won the backing of global financial and tech investors including, Facebook Inc, Intel and Qualcomm.

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