Mukesh Ambani, chairman of Reliance Industries, said in a video message on Wednesday, "He welcomes Facebook as a long-term partner and this partnership will help further digital services in the country. Under this partnership, Mark Zuckerberg Is committed to Facebook founder and I. Digital transformation in India and serve all Indians. Will strengthen the system.
Giving information about the partnership, Reliance Chairman Mukesh Ambani said that Facebook, WhatsApp and Instagram have been recognized as domestic companies over the years. Jio's world-class connectivity and Facebook's close engagement with Indian users will help introduce new solutions to users.
He informed that in the coming days this program will be extended to farmers, small and medium units, students, healthcare providers, women and youth. Ambani said that the partnership between Jio and Facebook will help in meeting Prime Minister Narendra Modi's two goals Ease Ease of Living and Business Ease of Doing Business.
US company Facebook on Wednesday signed an agreement to invest $ 5.7 billion or about Rs 43,574 crore to buy a 10 percent stake in the Mukesh Ambani-led Reliance group company Jio Platforms Ltd. "Today, we are announcing an investment of US $ 5.7 billion or Rs 43,574 crore in Reliance Industries Limited's Jio Platforms," Reliance said in a statement, adding Jio Platforms Limited holds a 100 percent stake in telecom network Jio. The statement said that Facebook will hold 9.99 percent stake in Jio platforms.
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