For all the publicity blitz accompanying Mukesh Ambani’s $30bn charge into the digital economy, the details of his long-term strategy remain a closely guarded secret. Mr Ambani’s Reliance Jio venture has upended India’s telecom sector, devastating the profits of incumbent operators and attracting more than 300m users with cut-price mobile data.
Sanchit Vir Gogia, founder of technology advisory firm Greyhound Research, said Reliance’s plan for its consumer business appeared to be a work in constant progress. “Right now they are in invest and integration mode,” he said. “The details of what happens on the ground [in various new business segments] will be dealt with only as and when they get there. But they have a broad architectural vision of where they want the business to go.”
Sanchit Vir Gogia: Sanchit is the Chief Analyst, Founder & CEO of Greyhound Research, a Global, Award-Winning, Technology & Innovation Research & Advisory firm. To read more about him, click here.
Have a question on this or other Technology & Innovation topics? Click here to set up an enquiry call with Sanchit Vir Gogia.
Copyright © 2019 Greyhound Research. All rights reserved. You may share this research note using the options made available. Please don’t copy this research note (complete or parts) and distribute over the web and emails. Connect with us if you need clarifications.