The Reliance Industries chairman also announced a 5G rollout starting late this year, and significant investments to secure the petchem business.
If you didn’t realize, in his annual general meeting speech, Mukesh Ambani has revealed for the first time that Reliance is set to take on Amazon, Microsoft and Google with its cloud services business. If Amazon offered Amazon Web Services as an extension of its e-commerce business, and Microsoft ensnared its software product users to adopt its cloud, Ambani wants to offer cloud computing and storage services to those who have subscribed to its telecom and data services.
What does this mean for the telecoms business? For nearly two decades, Ambani has tried to monetize the telecoms business beyond consumer …
Surendar helps lead the newsroom at The Morning Context as executive editor. Over the years, Surendar has worked in industries from pharmaceuticals to diamonds, as well as a stint as an equity analyst. In his long career as a business journalist, he has led teams at The Times of India, India Today and Fortune India. He was part of the founding team at Forbes India and interned at and published in The Times, London.
Executive Editor
surendar@mailtmc.com
Mumbai