The Silicon Review ^Asia

Reliance Industries Ltd (RIL) has announced that the company's Jio Platform has developed a new 5G technology released in the Indian market next year. The firm also announced that it would be partnering with Google to produce smartphones at an affordable price. The firm will aid the mass adoption of new technologies to enable millions of 2G phone users to upgrade to smartphones, with Google, to develop an entry-level of 4G and even 5G smartphones with the Android Operating System.

 "Jio has designed and developed a complete 5G solution from scratch," Mr. Ambani told shareholders at RIL's annual general meeting. As India is standing at the 5G era's doorstep, we should accelerate the migration of 350 million Indians who currently use 2G feature phones to an affordable smartphone. Jio is determined to make India 2G Mukt," said Mukesh Ambani, Chairperson, Reliance Industries Ltd.

Google has also announced that it is ready to invest Rs. 33,737 crore in the Jio Platform and will be acquiring a 7.7% stake. With this partnership with Jio Platforms, Google will see the chance to have an even more significant impact than either company could have alone, and it will focus on increasing access for hundreds of millions of Indians, who don't currently own a smartphone while improving the mobile experience for all.