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India will be in the world's top 3 economy in next 20 years, Mukesh Ambani told Facebook's Zuckerberg


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Reliance Industries chairman Mukesh Ambani said India would be among the top three economies in the world in the next 20 years. He made the remarks in a video conversation with Facebook founder Mark Zuckerberg.
Zuckerberg is very confident in India's future
Facebook founder Mark Zuckerberg said he is very confident in India's future, so he has invested in India. Mukesh Ambani said that both Jio and Facebook can be value-added creators together. WhatsApp has millions of subscribers, Jio also has millions of subscribers.

Jeo Mart will seize the retail opportunity and connect small shoppers in smaller cities
Mukesh Ambani said that Jio Mart will seize the retail opportunity to connect small shopkeepers in our small towns and create millions of new jobs. He said Jio is trying to connect all the schools in the country. Similarly, in the field of healthcare, we are working with all officers to provide them with technology tools.

Facebook received Rs 43,574 crore for a 9.99 per cent stake in the company
Significantly, Reliance Jio platforms have received Rs 43,574 crore from Facebook for a 9.99 per cent stake in the company. Jio Platform Limited, a subsidiary of the company, has received Rs 43,574 crore from Jaadhu Holdings, a wholly-owned subsidiary of Facebook. Facebook has a 9.99 per cent stake in Jio Platforms with an enterprise value of Rs 4.62 lakh crore.

Facebook has invested in a major company for the first time in India
Through this deal where Facebook has invested in a big company for the first time in India. At the same time, Jio will be able to access up to 60 million small shoppers in the country with the help of Facebook and WhatsApp. This will increase the penetration of Facebook in India. In the last five years, the Internet has reached 560 million people in India and Jio has 388 million subscribers in its network.

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