Mukesh Ambani's Jio Celebrates 7 Years Of Anniversary: Here Are Key 7 Impacts This Telecom Giant Made

On this day, seven years ago, Reliance owner and richest man in India, Mukesh Ambani launched the game-changer in the telecom industry, Reliance Jio. No one could predict that one day Jio would become the backbone of the country's digital infrastructure. In seven years, Jio has changed a lot in the country, making a direct impact on the life of the common man.

Here is the list of seven impacts of Jio in seven-year:

1. Free outgoing calls

On the very first day of its launch on 5 September 2016, Reliance Jio ended the era of costly outgoing calling in the country. Reliance Jio became the first company in India to make outgoing calls free. which continues today.

2. Data and mobile bills reduced

This was another huge impact on the prices of mobile data. Before the arrival of Jio, data was available at the rate of around Rs 255 per GB, but Jio reduced data prices very aggressively and data became available at less than Rs 10 per GB.

Due to free calling and reduced data prices, mobile bills were reduced significantly. The country became the first in data consumption - the reduction in data prices had a direct impact on data consumption. Before the arrival of Jio, India was ranked 155th in the world in terms of data consumption. And today India is included in the first two. Now 1,100 crore GB of data is consumed every month on Jio's network. Jio customer uses an average of 25 GB of data per month. Which is the highest in the industry.

3. Brought an entire shop in the small screen of mobile

Due to Jio, data became cheaper and the world was limited to mobile only. Now the need to take out time for entertainment is over. Entertainment became available with just a click, anytime, anywhere. Be it rail, plane or cinema, everyone's tickets are being booked online. There was a boom in hotel booking and food sites and apps. Tourism has boomed. E-commerce companies have integrated the entire shop into mobile. Online class and office- Everyone will remember that bad phase of Kovid. Education and office started running from home. Internet was used for hours. The only reason was the availability of data at affordable prices. Imagine if the data rates were the same as before the Jio launch i.e. Rs 255 per GB then what would have happened?

4. Digital Payment

The UPI Open Digital Payment System of the Government of India changed everything. Big and small banks and financial giants including wallet companies like Paytm and PhonePe joined this initiative. The objective was to transact money through a payment system on every mobile. Today, it is being used by street vendors to 5-star hotels. The digital infrastructure of all telecom companies including Jio came in handy in this. But the credit for the success of UPI, to a large extent, goes to the low prices of data, which encouraged the common Indian to use the digital payment system. With the launch of Jio, the data rates were reduced by 25 times.

5. From 2G to 4G"

In the very next year of its launch i.e. in 2017, the company launched JioPhone in the market. The objective was to shift 2G customers to 4G. So that they can also become a part of the digital economy. More than 13 crore JioPhone mobiles were sold. It was the highest-selling mobile of any single model in any single country. In its sequel, the company has intensified the campaign to attract 2G customers to 4G by launching the JioBharat platform. Along with Jio, a company named Carbon is making a 4G feature phone named 'Bharat'. Some more companies are also expected to join this campaign soon.

6. Digital Division reduced

Earlier only the rich could use data, the reason was expensive data prices. Jio bridged this gap between rich and poor. Now everyone can use data easily. 4G reached the villages beyond the cities. The effect of this was that now the villagers also have access to every digital facility like the urban people. Be it operating Jan-Dhan accounts, registering in government schemes or shopping on e-commerce websites, now every kind of digital work can be done easily even sitting in the village.

7. Unicorn flood

Startups with a valuation of more than $1 billion are called unicorns. Before the arrival of Jio, there were only 4-5 unicorns in the country, which have now increased to 108 unicorns. Most of these are part of the digital economy, the backbone of which is Reliance Jio. Today the total valuation of Indian unicorns is more than Rs 28 lakh crore. Be it Zomato's founder, Dipendra Goyal or Netflix's CEO, Reed Hastings, all openly praise Jio's contribution to its growth in India. Indian economists are expecting that the Indian digital economy will soon touch the $1 trillion mark.

In the future roadmap i.e. Artificial Intelligence, recently Mukesh Ambani has promised to provide Artificial Intelligence to all Indians soon. Ambani believes that like data, every Indian has a right to artificial intelligence. This technology has also started showing a glimpse of its importance. It is expected that Artificial Intelligence riding at the speed of 5G will play an important role in shaping the future of the common Indian.