Jio’s IoT platform to be commercially available from January 2020: Mukesh Ambani
The annual revenue opportunity for Jio from IoT will be around Rs 20,000 crore, CMD Mukesh Ambani said.
Reliance Industries (RIL) Chairman and Managing Director (CMD) Mukesh Ambani on August 12 announced that Jio’s Internet of Things (IoT) platform will be commercially available from January 1, 2020.
Addressing RIL’s 42nd Annual General Meeting (AGM), Ambani said that Jio aims to connect 1 billion homes via the IoT platform.
The annual revenue opportunity for Jio from IoT will be around Rs 20,000 crore, Ambani said.
Ambani also said that RIL was ready to kick-start “four new engines” of growth, which included IoT and home broadband.
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