Mukesh Ambani’s Reliance Jio is making bold moves across India’s top industries
Is Reliance Jio on a War with every large business in India?
Mukesh Ambani’s Reliance Jio is boldly moving across India’s top industries. He is acquiring one industry at a time and keeps the customer on his own side.
#Jio 4G disrupted the Indian telecommunication industry and killed many players, but customers love it!
Jio TV is now taking over Indian #OTT with free #IPL, almost killed Hotstar, but customers love it!
This is crazy, but it’s happening!
Here’s a snapshot of how they’re taking on the biggest players targeting the largest market share:
📈 Finance – Jio Financial Services vs Bajaj Finance
Market Size: $350B | Growth: 22% | Leader: Bajaj Finance (30%)
🥤 Soft Drink – Campa Cola vs Coca-Cola
Market Size: $8B | Growth: 9% | Leader: Coca-Cola (40%)
💄 Cosmetics – Tira vs #Nykaa
Market Size: $20B | Growth: 15% | Leader: Nykaa (25%)
👗 Clothing – Ajio vs Myntra
Market Size: $70B | Growth: 12% | Leader: Myntra (35%)
🎬 Streaming – #JioCinema vs #Hotstar
Market Size: $1.6B | Growth: 29% | Leader: Hotstar (30%)
💊 E-Pharmacy – #Netmeds vs #PharmEasy
Market Size: $18B | Growth: 21% | Leader: PharmEasy (25%)
🎶 Music Streaming – JioSaavn vs Spotify
Market Size: $500M | Growth: 28% | Leader: Spotify (30%)
💍 Jewellery – Reliance Jewels vs Tanishq
Market Size: $60B | Growth: 11% | Leader: Tanishq (10%)
🏬 Private Labels – Reliance Retail Consumer Brands vs HUL
Market Size: $70B | Growth: 14% | Leader: HUL (30%)
🛒 Retail – Reliance Retail vs Dmart
Market Size: $1T | Growth: 10% | Leader: Dmart (15%)
🏢 B2B Marketplace – JDMart vs IndiaMART
Market Size: $10B | Growth: 19% | Leader: IndiaMART (40%)
📱 Electronic Stores – Reliance Digital vs Croma
Market Size: $15B | Growth: 16% | Leader: Croma (20%)
⛽️ Fuel and Petroleum – Jio-BP vs IndianOil, BPCL
Market Size: $120B | Growth: 5% | Leader: IndianOil (35%)
🍏 Online Groceries – Jio Mart vs BigBasket
Market Size: $3.5B | Growth: 25% | Leader: BigBasket (35%)
📺 Media – Network18 vs Zee, Sony
Market Size: $12B | Growth: 10% | Leader: Zee (25%)
Mukesh Ambani, the chairman of Reliance Industries, is making bold moves across India’s top industries with his telecom venture, Reliance Jio. Launched in 2016, Reliance Jio has quickly become one of India’s largest telecom operators, with over 400 million subscribers and a rapidly expanding network.
But Ambani’s ambitions extend far beyond the telecom industry. He has been investing heavily in a range of other industries, including e-commerce, entertainment, and digital payments, with the goal of building an all-encompassing digital ecosystem.
In the e-commerce space, Ambani has launched JioMart, an online grocery platform that connects local kirana stores with consumers. JioMart has been rapidly expanding across India, with plans to offer a wide range of products beyond groceries.
Ambani has also made significant investments in the entertainment industry, with the launch of JioTV, a streaming platform that offers live TV channels, movies, and TV shows. Reliance has also acquired stakes in several major production companies, including Balaji Telefilms and Eros International, with the goal of producing original content for its platforms.
In the digital payments space, Reliance has launched JioMoney, a digital wallet that allows users to make payments and transfer money online. The company has also acquired a stake in the Indian e-commerce giant Flipkart, giving it a foothold in the lucrative online payments market.
Ambani’s strategy of investing in a range of industries is aimed at creating a comprehensive digital ecosystem that can serve the needs of India’s rapidly growing digital population. With millions of people coming online for the first time every year, there is significant potential for growth in India’s digital economy.
Reliance Jio’s bold moves have not gone unnoticed by its competitors, who are scrambling to keep up. The telecom industry has seen a wave of consolidation in recent years, as players merge and acquire one another in a bid to stay competitive.
But despite the fierce competition, Ambani remains confident in his vision for Reliance Jio. In a recent speech, he said, “The true measure of success is not how much value we create for ourselves, but how much value we create for others.” With his focus on creating value for consumers across a range of industries, Ambani’s Reliance Jio is poised to continue making bold moves across India’s digital landscape.