His shares continue to rise. This is evidenced by the unprecedented rise in the shares of Reliance Group companies over the past two years. Let's look
Mukesh Ambani Will there be a loss?
India: Mukesh Ambani's Reliance Jio has become one of the biggest hits in the internet market and among the general public for the past two years.
These two words are Mukesh Ambani and their companies. Mukesh Ambani has been successful in every career.
As he said, many people are surprised that he beat the same model. The main reason for his success is his individual formula.
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Headquartered in Mumbai, Mukesh Ambani-led Crude Oil (Petrol Diesel) Refinery is operated by Reliance Industries. Money is more available in that sector as prices in dollars are priced in India.
In the damage caused by Jio
Not only this, but the Jio company he started is also still the number one telecom company in India.
Competing Airtel, Vodafone and BSNL have fallen the most. They are suffocating and unable to compensate for Jio.
Even though data bag prices have remained the same now, it is said that it will take a few years for telecom companies to recover from the impact of Jio.
12 ODT Service
Currently, Mukesh Ambani is introducing Geo Piper next as they are winning next.
Accordingly, he is providing broadband service for 399 rupees per month. He also announced that the service will be free for the first 30 days. He also said that 12 ODT service sites can be visited for free.
Rs.500 per month
Due to this the internet connection in the off homes is going to be fully geo in a few more months. The reason is that in the future the time of watching TV on the cable will go and the time of watching TV on the internet will come.
Unlimited internet data can be used by people on a daily basis. Many people prefer broadband internet service as the internet speed of the cell phone is not enough for that.
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Mukesh Ambani is going to get Rs 500 per month from every house in that category. This is the next technology so there is a huge reception.
Significantly, he has announced that it will offer speeds ranging from 30 MB to 100 MB.
Jio Mart
Without stopping, Mukesh Ambani has now launched an online store called Geo Mart following Geo Piper.
There will be a huge curve in the coming days. It has the potential to provide people with unprecedented free and affordable products.
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Economists say it is trying to grow to compete with Amazon in all areas of textile, electronics and grocery sales.
There is one thing in common with all we have seen so far, and that is that it is free. Ambani's winning formula is to give people something for free, to make them enjoy it and to make people completely addicted to it and to buy that.
The reason for his success is that he gives people what they are going to use for a long time for free and turns them into his customers.
Will there be no loss?
Would he not be harmed by doing so? Definitely will happen. But one thing is for sure, if you buy crores of people, you will make a profit. Not only that but competing companies will perish.
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After that what they put in is price because they will not be affected in any business. Mukesh Ambani, who has succeeded in making proper use of technological advancement, will be the richest man in India and the Corona.
His shares continue to rise. This is evidenced by the unprecedented rise in the shares of Reliance Group companies over the past two years. Let's look at the future and his technique.
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