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Google puts resources into Indian web Giant Jio and plans a new 'reasonable' cell phone.Google is contributing $4.5 billion for a 7.73 percent stake in Jio Platforms, an Indian Mighty web giant that offers broadband, portable administrations, and online trade stages, the organization reported.
The venture, which is pending administrative audit, is a piece of Google's promise to put around $10 billion in India throughout the following five to seven years.It follows a comparable move from Facebook to contribute $5.7 billion for a 9.9 percent stake in the organization prior this year. Jio Platforms is the tech support of Reliance Industries.
As a part of the present declaration, Google says that it is working with Jio on a "passage level moderate cell phone." Reliance Industries chairman Mukesh Ambani said this work will involve creating a customized version of Android designed for low-cost, entry-level smartphones.
The belief of these two Super techs to use its investment in Jio to bring smartphones to more number of users in India. Leading towards the very reason of having mobile apps for almost every organization in the future.
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