Jio and Facebook to help India's small businesses
Published On: Tuesday, December 15, 2020 | By: Team KnowMyStock
Mukesh Ambani, Chairman, Reliance Industries Limited (RIL) has said that the partnership between Jio and Facebook is great for India, Indians and small Indian businesses. Even Facebook CEO Mark Zuckerberg on Tuesday said at the first Facebook Fuel for India 2020 event that its partnership with Jio Platforms will help support millions of small businesses in India." At Facebook, we are in the business of serving small businesses. And nowhere is this more true than in India," the Facebook CEO said. He also said that supporting small businesses has become more important in view of the Covid-19 induced impact on the economy.“With more than 60 million small businesses and millions of people around the country relying on them for jobs - these small businesses form a big part of what our partnership with Jio can serve here. This is especially important because small businesses in India will be a key part of the global economic recovery going forward. And we're focused on making sure we build.
Ambani said" that in the next two decades, India will grow to be among the top three economies in the world. He also added technology will democratise wealth and value creation for individuals and small businesses in India."Through our partnership (Jio Platforms and Facebook), we will become a value creation platform for our customers and small businesses, giving them a chance to digitise and be at par with anybody else in the world," said the Chairman and Managing Director of Reliance Industries.
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