Even as the Mukesh Ambani-controlled Reliance Industries is busy signing new deals for its retail and platforms ventures, the conglomerate’s deal with Google to develop low-cost smartphones is being actively followed by the telecom industry watchers. “We believe we can design an entry-level 4G or even 5G smartphone for a fraction of its current cost. Google and Jio are partnering to build an Android-based smartphone operating system,” Ambani said at the RIL’s 43rd annual general meeting in July.
Despite having a fair good start with its low-cost feature phone – JioPhone – the chances of emulating that success with low-cost smartphones might be difficult. How? Indian handset market is divided into two parts: feature phone users and smartphone users. As per IDC, the average selling price of smartphones in India is about Rs