The booking of Reliance Jio's phone can start from this week. Customers can book it by paying only 10% of the price of Jio Phone Next. Customers can give the rest of the money in instalments through banks. This affordable 4G smartphone of the company will be launched on September 10.
Jio has tied up with banks and financial institutions for loans. Among the banks with which Jio has tied up, the country's largest bank State Bank of India (SBI) is also there. Apart from this, there are Piramal Capital, IDFC First Bank and others. This phone will be available in two variants. It will have a basic variant. The price of the basic variant will be less than Rs. 5 thousand. The price of the advance variant can be 7 thousand rupees.
Jio Phone Next will be launched on September 10. That is, from that day the phone will start receiving. Its booking can start from 1st September. It is reported that its price will be around Rs 3,500. Reliance Jio has tied up with 5 banks for payment in instalments. This phone of Reliance Jio will be cheap and 4G smartphone.
Jio Phone Next has been developed in partnership with Google. Reliance Jio has set a target of selling 50 million Jio Phone Next in the next 6 months. Jio has set a sales target for this with distributors and financiers.
Reliance Industries Chairman Mukesh Ambani announced the launch of this phone in the company's Annual Meeting (AGM) in June this year. Reliance Industries has placed the initial production order for UTL Neolink. This company has been approved for Production Linked Incentive (PLI) scheme for mobile handsets. Reliance's second company Reliance Strategic Business Ventures has invested Rs 20 crore in Neolink this month.
The company tested its device at the manufacturing facilities of Wingtec Mobiles, Dixon Tech, Flextronics and UTL Neolink. Jio has 441 crore subscribers. Its target is to reach 50 crore customers. For this, Jio is focusing on more than 250 million customers using 2G.
The company is currently in talks with its retail partners to start the pre-orders of the phone. The company did not give any information about the price of this phone in its AGM held on June 24. However, if the reports are to be believed, then this phone of the company can enter the market at a price of fewer than 5 thousand rupees. In the phone, the company is going to offer a customized version of Google's Android OS. It will also get a better camera app with Google Assistant. In this phone, the company can offer lite versions of Google apps like Chrome Go, Camera Go and Duo Go.
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