16.7 Bn USD foreign direct investment in 4 Days in Reliance Jio

[Chhatrapati]

People go jobless, magically their living standards improve. Only in india. Maybe your the type that thinks every Indian has huge amount of savings

Joblessness is not exactly a reduced standard of living. If the standard of living is reduced then, people would fall into poverty, economic as well as social indicators would be negative. Neither of which happened. Quality of life only improved since 2016. Which is no surprise considering the growth.

What's the point you're trying to make, $16 billion goes to Ambani pocket, no, he's a businessman, he invests that money in India. Jio contributed a lot to strengthening the digital economy through affordable internet, increased connectivity, mobile phone penetration with these comes investment opportunities like the Samsung manufacturing plant, Foxconn plant, and many startups like Ola, Oyo getting a boost. It's best if you stay off the discussion instead of making stupid conjectures.

 

[Yaseen1]

jio is much behind huaweii in 5g capability and it will take much longer for countries to transfer to 5g if they rely on jio unlike huaweii which can quickly transform countries to 5g in few years

Whatever doubt we have. Huawei will not be a part of Indian 5G program and for this we have no doubt.



Mostly on indigenous development? USA just passed a law and huawei running here and there for critical components supply.

JIO has no Huawei or even ZTE equipment in its entire network. It is exclusively samsung, Nokia, Cisco and a lot of in house whiteboxing.

 

[Quibbler]

jio is much behind huaweii in 5g capability and it will take much longer for countries to transfer to 5g if they rely on jio unlike huaweii which can quickly transform countries to 5g in few years

Agreed. So Whats the point. JIO is inly vying for the Indian market currently, not any foreign country.

 

[Surya 1]

How much profit does farmers make?Agriculture workers are struggling, but they live far from you, so no problem. Hows jio investment gonna improve lives of masses? You post threads to gloat but we seen millions of people lose livelihoods due to lockdown. No money equals no food despite how cheap it is.

I could go on, but you live in a bubble due to cheap Internet that is sold below cost. Atleast the unemployed can afford jio.

We have pulled out maximum numbers of people out of poverty line. So we are doing better than anybody else. Our life expectancy has improved by one year last year. We have world's biggest health scheme. We have 250 bn USD economic package. We are doing better than anyone else in poverty and post poverty measures. I think you guys should worry about yourself where everything is falling very fast.

 

[Vikram1]

jio is much behind huaweii in 5g capability and it will take much longer for countries to transfer to 5g if they rely on jio unlike huaweii which can quickly transform countries to 5g in few years

Even if JIO take more than but still we will have Chinese spy free network in India.