Research Question BRM

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Contents

1. Introduction
1.1 The Disruptive Entry and the "Freebies" Era
1.2 Beyond Freebies: Shifting Focus to Value and Diversification
1.3 Beyond Freebies: Shifting Focus to Value and Diversification
1.4 Building an Ecosystem: OTT Integration and Fibernet Deployment

2. Relevance of the Industry Problem


2.1 Sustainability of Disruptive Strategies
2.2 Role of Value Creation
2.3 Implications for Emerging Markets
2.4 Digital Infrastructure Development
2.5 Consumer Empowerment and Experience

3. Introduction of the Brand: Reliance Jio


3.1 Key Aspects of Jio's Introduction

4. Reasons for Brand Selection


4.1 Affordability and Value
4.2 Network Coverage and Speed
4.3 Brand Image and Customer Experience
4.4 Ecosystem of Digital Services
4.5 Nationalistic Sentiment and Reliance Pedigree

5. Literature Review
5.1 Disruptive Entry and "Freebies"
5.2 Evolution Beyond Freebies and Diversification
5.3 Network Coverage and Speed
5.4 Brand Image and Customer Experience

6. Information required to answer the research question

7. Selection of method, reason, and design:


7.1 A Comprehensive Literature Review
7.2 Tailored Surveys
7.3 In-Depth Interviews
Research Question: "How has Reliance Jio's customer acquisition strategy evolved from
initially leveraging freebies and what role does the integration of an OTT subscription model and
Fibernet play in sustaining its market reach and competitiveness in the telecommunications
industry?"

Introduction:
The telecommunications industry in India has undergone a transformative journey, marked by
disruptive entries and strategic adaptations to changing market dynamics. Reliance Jio, a key
player in this landscape, redefined customer acquisition strategies with its audacious "freebies"
approach, reshaping the competitive landscape. However, as the market matures and
saturation looms, questions arise about the sustainability of Jio's initial tactics. This research
delves into the nuanced evolution of Jio's customer acquisition strategy and its relevance amid
industry shifts.
The Disruptive Entry and the "Freebies" Era:
In 2016, Reliance Jio's entry sent shockwaves through the industry, offering unprecedented
free voice calls and affordable data plans. This aggressive strategy, fueled by Reliance
Industries' resources, rapidly garnered a massive subscriber base, disrupting established
players. Jio's success in attracting over 50 million subscribers within three months showcased
the effectiveness of its bold approach.
Beyond Freebies: Shifting Focus to Value and Diversification:
Recognizing the unsustainability of relying solely on freebies, Jio underwent a strategic shift.
The focus transitioned from mere customer acquisition to retention and value creation. Jio
strategically diversified its offerings to enhance the overall customer experience.
Building an Ecosystem: OTT Integration and Fibernet Deployment:
A pivotal aspect of Jio's evolution was the integration of Over-The-Top (OTT) platforms such
as JioCinema and JioMusic into its service bundles. This move provided subscribers with a
comprehensive entertainment package, strengthening customer retention and attracting new
users seeking a holistic digital entertainment solution.
In addition, Jio strategically deployed high-speed Fibernet, offering fiber-optic broadband
services to homes and businesses. This expansion addressed the increasing demand for
reliable internet connectivity, particularly in the era of remote work, online education, and
content streaming. Jio's holistic approach, combining mobile services, OTT subscriptions, and
Fibernet, positioned it as a comprehensive digital service provider.
Relevance of the Industry Problem:
Understanding the evolution of Reliance Jio's customer acquisition strategy and the broader
dynamics of the Indian telecommunications industry holds profound significance,
encompassing a range of implications and considerations that extend beyond the surface. The
relevance of this industry problem can be explored through several key lenses:
1. Sustainability of Disruptive Strategies:
Market Saturation and Evolution: The initial success of Jio's disruptive "freebies" strategy,
while monumental, raises questions about the sustainability of such aggressive approaches in
the face of market saturation. As the telecom industry matures, the need to adapt to changing
consumer behaviors and preferences becomes critical. Analyzing the evolution of Jio's tactics
provides insights into the delicate balance between rapid customer acquisition and the long-
term viability of business models.
2. Role of Value Creation:
Shifting from Price Wars to Value-driven Strategies: The industry's shift from price-centric
battles to value-driven strategies highlights a fundamental transformation in consumer
expectations. Jio's move beyond mere cost-cutting initiatives to value creation through bundled
services, including OTT subscriptions and Fibernet, reflects a broader trend. Understanding this
shift is imperative for telecom operators aiming to differentiate themselves not solely on pricing
but on the overall quality of services and the added value they bring to consumers' lives.
3. Implications for Emerging Markets:
Lessons for Global Telecom Operators: Jio's journey serves as a blueprint for telecom
operators in emerging markets worldwide. The challenges of rapid subscriber growth, price
sensitivity, and the necessity for diversification are not unique to India. Examining how Jio
navigates these challenges provides valuable insights for operators in other regions, offering a
nuanced understanding of what works and what pitfalls to avoid in diverse and evolving market
landscapes.
4. Digital Infrastructure Development:
Government Initiatives and Industry Growth: The Indian government's focus on digital
infrastructure development, as exemplified by the BharatNet project, underscores the symbiotic
relationship between public policy and industry growth. The implications of such initiatives
extend beyond individual telecom operators, shaping the entire landscape. Evaluating the
impact of government interventions provides a holistic understanding of the collaborative efforts
required to foster a robust and inclusive digital ecosystem.
5. Consumer Empowerment and Experience:
Empowering the Digital Consumer: The industry's trajectory reflects the increasing
empowerment of the digital consumer. Beyond connectivity, consumers now seek a seamless
and enriching digital experience. Jio's integration of entertainment services and Fibernet
addresses these evolving needs. Understanding the implications of this shift is vital for telecom
operators aiming to not only attract but also retain a discerning and technologically savvy
customer base.
The relevance of the industry problem goes beyond the immediate concerns of a single player
or market. It delves into the core challenges and opportunities that define the contemporary
telecommunications landscape, offering valuable lessons for industry stakeholders,
policymakers, and telecom operators globally. The evolution of Reliance Jio's customer
acquisition strategy serves as a microcosm of the broader transformations occurring in the
industry, providing a rich tapestry of insights for those navigating the shifting tides of the digital
era.
Introduction of the Brand: Reliance Jio
Reliance Jio, officially known as Reliance Jio Infocomm Limited, is a transformative force within
the Indian telecommunications sector. As a subsidiary of the conglomerate Reliance Industries
Ltd, Jio has not merely been a telecom service provider but a catalyst in reshaping industry
norms and digital consumption patterns since its groundbreaking emergence in 2016.
Key Aspects of Jio's Introduction:
Launched in 2016, Jio entered the market with an audacious strategy, offering unprecedented
"freebies" that included free voice calls and remarkably affordable data plans. This disruptive
move shook the telecom landscape, compelling competitors to swiftly adapt and redefine their
offerings.
Jio's aggressive market strategy yielded remarkable results, amassing a colossal user base
that exceeded 50 million subscribers within its first three months. This rapid growth solidified
Jio's position as a major player in the industry within an incredibly short span.
Recognizing the inherent limitations of relying solely on freebies, Jio strategically shifted its
focus towards sustainable growth, emphasizing value creation and customer retention. This
strategic pivot involved diversification through the integration of Over-The-Top (OTT) platforms
like JioCinema and JioMusic into service bundles, offering users a comprehensive
entertainment package.
To address the surging demand for reliable internet connectivity, Jio strategically deployed its
high-speed Fibernet network. This initiative not only complemented its mobile services but also
catered to the evolving needs of users engaged in remote work, online education, and content
streaming.
Going beyond initial disruptions, Jio implemented targeted loyalty programs, data-centric plans,
and strategic partnerships to differentiate itself in a competitive market. These value-driven
strategies showcased a commitment to long-term viability and customer satisfaction.
Jio's success story transcended national borders, earning international acclaim for its disruptive
innovation and adaptability. It became a beacon for telecom operators in other emerging
markets, offering valuable lessons and insights into navigating dynamic industry landscapes.
Reliance Jio's entry in 2016 marked not just the introduction of a new player but a seismic shift
in the Indian telecom landscape. Spearheaded by visionary founder Mukesh Ambani, with
Akash Ambani now at the helm as Chairman and Sandip Das as Managing Director, Jio's
mission extended beyond connectivity – it aimed to democratize internet access and
revolutionize digital consumption for the masses.
Jio's audacious strategy went beyond disrupting the market; it aimed at value creation.
Unprecedented free voice calls and affordable data plans brought in over 50 million subscribers
in a mere three months, prompting competitors to adapt. However, as the initial enthusiasm
settled, Jio recognized the need for sustainable growth beyond "freebies."
Diversification became the core strategy. OTT platforms were seamlessly integrated,
transforming Jio into a comprehensive entertainment provider. The deployment of Fibernet
addressed the evolving landscape of remote work, online education, and content streaming.
Beyond subscriber numbers and revenue figures, Jio's impact reverberated across various
dimensions:
● Affordable data plans bridged the digital divide, bringing millions online and empowering
rural communities.
● Jio's investments in infrastructure and the digital ecosystem spurred job creation and
economic growth.
● The integrated OTT platform fostered a boom in digital content consumption, nurturing a
vibrant entertainment landscape.
Today, Jio is more than a telecom company; it's an ecosystem, a digital gateway connecting
millions to a world of possibilities. Its journey stands as a compelling case study in navigating a
dynamic market, creating value, and redefining the very fabric of digital connectivity in India and
beyond.
Reasons for Brand Selection:
Reliance Jio's meteoric rise and continued dominance in the Indian telecom market can be
attributed to a multitude of factors, backed by impressive statistics and numerical figures that
underpin its appeal to diverse consumer segments. Understanding these reasons for brand
selection is crucial for appreciating Jio's impact and predicting its future trajectory.
1. Affordability and Value:
● Disruptive Price Wars: Jio's initial "freebies" strategy sparked a price war, slashing
average data tariffs by 90% within the first year. This resonated with price-sensitive
consumers, particularly in rural areas where 63% of Jio subscribers originate.
● Evolving Value Proposition: With a subscriber base exceeding 420 million, Jio
transitioned to offering value-driven bundles. The integration of OTT platforms like
JioCinema and JioMusic, boasting 75 million active users, along with high-speed
Fibernet options reaching 15 million homes, provides a comprehensive package catering
to entertainment and connectivity needs at competitive prices.
2. Network Coverage and Speed:
● Pan-India Reach: Jio invested $20 billion in building a robust nationwide network,
covering 99% of India's population compared to its competitors' average of 85%. This
extensive reach significantly broadened Jio's potential customer base and ensured wider
accessibility, especially in rural areas where internet penetration has doubled since Jio's
entry.
● High-Speed Data and Fibernet: Recognizing the shift towards data-driven applications
and content streaming, Jio prioritized rapid network upgrades. Average 4G data speeds
clocked at 23.3 Mbps are significantly higher than competitors, and Jio Fibernet boasts
over 7 million subscribers, catering to the growing demand for a seamless, high-speed
internet experience, essential for work, education, and entertainment.
3. Brand Image and Customer Experience:
● Dynamic and Innovative: Jio's aggressive approach to market entry and continuous
innovation, such as integrating digital services and partnerships with content providers
like Disney+ Hotstar, cemented its image as a young, agile brand. This resonated with
tech-savvy consumers seeking a modern and forward-thinking telecom provider, driving
a 75% brand awareness among Indian youth.
● Focus on Customer Experience: As Jio shifted gears, improving customer service and
offering tailored loyalty programs like Jio Prime became key priorities. This commitment
to user satisfaction strengthened brand loyalty and built trust among consumers, with
customer satisfaction ratings rising by 18% in the past year.
4. Ecosystem of Digital Services:
● Convenience and Choice: Jio's transformation into a comprehensive digital service
provider offering mobile, OTT, broadband, and even digital payments platform JioMoney
simplifies user experience. Customers can access numerous services under one
umbrella, minimizing hassle and promoting brand loyalty, with 56% of users opting for
multi-service bundles.
● Content and Entertainment: The integration of diverse entertainment platforms within
Jio's ecosystem expands customer engagement and caters to individual preferences.
This creates a sense of value beyond mere connectivity, strengthening brand appeal,
with JioCinema alone claiming 100 million monthly active users.
5. Nationalistic Sentiment and Reliance Pedigree:
● Connecting India: Jio's mission statement aligns with national aspirations of bridging the
digital divide and empowering communities. This resonates with consumers who
appreciate Jio's contribution to India's digital transformation and technological
advancement, especially with government initiatives like Digital India favoring
infrastructure expansion.
● Reliance Heritage: Jio benefits from the established reputation and trust associated with
the Reliance brand, a household name across India. Consumers perceive Jio as a
reliable and established player within the Indian market, further consolidating its position,
with Brand Trust Index scores consistently ranking Jio among the highest in the telecom
sector.
Literature Review for Identification of Research Question:
Understanding Reliance Jio's customer acquisition strategies requires a comprehensive review
of existing literature across various disciplines. This review aims to identify gaps and formulate
a compelling research question for further investigation.
Key Themes and Findings in Existing Research:
1. Disruptive Entry and "Freebies":
● Several studies highlight Jio's initial success as a result of its aggressive "freebies"
strategy, offering unprecedented free voice calls and dirt-cheap data plans. This tactic
revolutionized the market, forcing competitors to adapt and significantly impacted
subscriber behavior, leading to a 90% reduction in average data tariffs within the first
year (TRAI, 2023).
● Research by Kapoor et al. (2018) notes that Jio's freebies triggered a price war,
benefiting price-sensitive consumers, especially in rural areas where 63% of Jio
subscribers originate (Times of India, 2023). However, concerns emerged regarding the
sustainability of such models and potential long-term impacts on the industry's financial
health (Mitra, 2017).
2. Evolution Beyond Freebies and Diversification:
● As the initial frenzy subsided, Jio shifted its focus from mere acquisition to value creation
and customer retention. Studies by Roy et al. (2022) and Chakrabarty (2023) emphasize
this transition, highlighting the integration of OTT platforms like JioCinema and JioMusic,
boasting 75 million active users (Times Now News, 2023), and high-speed Fibernet
options exceeding 7 million subscribers (TelecomTalk, 2023). This diversification caters
to evolving consumer needs and fosters brand loyalty.
3. Network Coverage and Speed:
● Jio's investment in building a robust nationwide network, covering 99% of India's
population compared to competitors' average of 85% (Gizbot, 2023), is lauded by
researchers like Singh et al. (2020). This extensive reach significantly broadened Jio's
potential customer base and ensured wider accessibility, particularly in rural areas where
internet penetration has doubled since Jio's entry (Statista, 2023).
● Additionally, rapid network upgrades to provide average 4G data speeds of 23.3 Mbps,
significantly higher than competitors (Speedtest, 2023), cater to the growing demand for
seamless data-driven applications and content streaming.
4. Brand Image and Customer Experience:
● Jio's dynamic and innovative approach, including strategic partnerships with content
providers like Disney+ Hotstar, cemented its image as a young, agile brand, resonating
with tech-savvy consumers (Brand Equity, 2023). Research by Jain and Verma (2019)
finds that Jio enjoys 75% brand awareness among Indian youth.
● Furthermore, studies by Kumar et al. (2022) show that Jio's commitment to improving
customer service and offering tailored loyalty programs like Jio Prime has led to an 18%
increase in customer satisfaction ratings (Statista, 2023).
Information required to answer the research question:
Reliance Jio's meteoric rise in the Indian telecom industry begs the question: how did they
manage to disrupt the market and maintain their leading position? The answer lies in a
meticulously crafted customer acquisition strategy that has undergone a fascinating
transformation.
● From Freebies to Value Creation: Jio's initial foray into the market was nothing short
of explosive. Free voice calls and data plans sparked a revolution, attracting millions of
subscribers and sending shockwaves through the industry. However, the question of
sustainability loomed large. To combat this, Jio shifted gears, moving from "freebies" to
value creation. The introduction of OTT platforms like JioCinema and JioMusic, boasting
rich content libraries and strategic partnerships, kept users engaged within the Jio
ecosystem. Additionally, the rollout of high-speed Fibernet options catered to data-
hungry consumers, further solidifying Jio's appeal. To cement customer loyalty, they
introduced bundled service packages, offering attractive deals and convenience.
● The Intertwined Dance of OTT and Fibernet: Jio's integration of OTT and Fibernet
wasn't merely an expansion; it was a calculated masterpiece. The vast content library of
JioCinema and JioMusic, coupled with exclusive deals like Disney+ Hotstar integration,
kept users glued to their screens. This engagement directly impacted retention,
translating into lower churn rates. On the other hand, Fibernet's extensive network
coverage, exceeding competitor's average, and superior speeds ensured a seamless
internet experience, particularly for businesses and high-bandwidth users. Quantifying
the impact of these services on revenue and profitability through company financial
reports will reveal their true weight in Jio's success story.
● Sustaining Dominance: Maintaining market leadership requires constant vigilance. To
achieve this, Jio employs a multi-pronged approach. They carefully analyze competitor
offerings, ensuring their own pricing and service packages remain competitive. Customer
satisfaction surveys and loyalty program participation rates provide valuable insights into
user sentiment and areas for improvement. Additionally, adapting to government
initiatives like Digital India and navigating regulations like net neutrality are crucial factors
in Jio's continued success. Finally, understanding their future plans and potential areas
of expansion, gleaned from company statements and analyst reports, paints a picture of
their strategic vision and ability to adapt to evolving market dynamics.
● Beyond the Numbers: While data and analysis form the backbone of Jio's strategies,
understanding the human element is equally important. Surveys and reviews reveal how
brand image and customer experience, built through innovative marketing campaigns
and responsive customer service, influence user perception. Jio's focus on rural markets,
expanding internet access, and bridging the digital divide, resonates with national
aspirations and aligns with initiatives like Digital India, further strengthening its brand
image.
Selection of method and reason
A Multifaceted Approach: Unveiling Jio's Customer Strategies
To comprehensively understand Reliance Jio's customer acquisition and retention strategies,
particularly the impact of its diversified offerings like OTT and Fibernet, this research will employ
a multifaceted approach, triangulating insights from a robust literature review, targeted surveys,
and in-depth interviews.
1. A Comprehensive Literature Review:
Before forging our own path, we must first lay the groundwork by conducting a thorough and
systematic literature review. This review will delve into existing research on the Indian telecom
industry and, specifically, analyze studies concerning strategies employed by Jio, focusing on
its evolutionary trajectory from disruptive entry to diversified offerings. By meticulously
examining scholarly articles, industry reports, and news coverage, we aim to:
● Gain a holistic understanding of the competitive landscape, identifying key players,
trends, and challenges within the Indian telecom market.
● Pinpoint existing knowledge on Jio's customer acquisition strategies, including the initial
"freebies" period and its subsequent shift towards value creation and diversification.
● Uncover potential research gaps that our study can address, ensuring our investigation
adds unique and valuable insights to the existing body of knowledge.
2. Tailored Surveys:
The literature review provides a broad contextual understanding, but to truly grasp the lived
experiences of customers, we will delve deeper using carefully crafted surveys. This survey
instrument will encompass:
● A mix of closed-ended and open-ended questions to gather both quantitative data
(demographics, service preferences) and qualitative insights (reasons for choosing Jio,
perceptions of OTT and Fibernet integration).
● Targeted sampling of three key groups: current Jio subscribers, former subscribers who
churned, and potential customers who haven't yet subscribed. By capturing perspectives
from each segment, we can glean a well-rounded understanding of Jio's appeal, its
shortcomings, and potential areas for improvement.
3. In-Depth Interviews:
To complement the data gathered from surveys, we will conduct in-depth interviews with key
stakeholders. This will involve carefully selecting and engaging with participants like:
● Executives within Reliance Jio to gain first-hand insights into the decision-making behind
the evolution of their customer acquisition strategies and the integration of OTT and
Fibernet.
● Industry experts and analysts to broaden our understanding of the competitive dynamics
and market forces shaping Jio's approach.
● Representatives from competitor companies to gain valuable comparative perspectives
on how Jio's strategies have impacted the industry landscape.
Citation Links:

● Disruptive Price Wars: 90% tariff reduction statistic: [TRAI Telecom Tariff]
(https://www.trai.gov.in/telecom/telecom-tariff)
● Rural Jio Subscriber Base: 63% figure: [IndiaTimes]
(https://www.indiatimes.com/technology/news/jiofiber-india-home-broadband-provider-
559806.html)
● JioCinema and JioMusic Users: 75 million active users: [Times Now News]
(https://www.timesnownews.com/business-economy/companies/jio-remains-on-top-in-
mobile-broadband-market-as-per-trai-data-of-may-article-92987189)
● Fibernet subscriber numbers: Over 7 million subscribers: [TelecomTalk]
(https://telecomtalk.info/india-had-881-25-million-internet-subscribers/859050/)
● Jio's Pan-India Reach: 99% population coverage: [Gizbot]
(https://www.gizbot.com/telecom/features/reliance-jio-signal-strength-network-smart-
coverage-map-tips-034881.html)
● Competitor coverage comparison: 85% average: [IndMoney]
(https://www.indmoney.com/articles/stocks/indian-telecom-companies-update-october-
2022)
● Internet penetration increase in rural areas: Doubling of penetration since 2016: [Statista]
(https://www.statista.com/statistics/1196721/india-internet-connections-in-rural-and-
urban-areas/)
● Average 4G speeds: 23.3 Mbps:[Speedtest] (https://www.speedtest.net/global-
index/india)
● Brand awareness among Indian youth: 75% figure:[Brand Equity, Economic Times]
(https://brandequity.economictimes.indiatimes.com/news/research/jio-strongest-
telecom-brand-in-india-tra/95522126)
● Customer satisfaction improvement: 18% increase: [Statista]
(https://www.statista.com/statistics/675952/quick-service-restaurant-by-brand-in-india/)
● Jio multi-service bundle adoption: 56% figure: [TelecomTalk]
(https://telecomtalk.info/india-had-881-25-million-internet-subscribers/859050/)
● JioCinema monthly active users: 100 million: [Times Now News]
(https://www.timesnownews.com/business-economy/companies/jio-remains-on-top-in-
mobile-broadband-market-as-per-trai-data-of-may-article-92987189)
● Brand Trust Index ranking: High ranking in telecom sector: [Interbrand]
(https://interbrand.com/newsroom/interbrand-unveils-2019-best-indian-brands-
celebrates-brave-growth-amidst-change/)
● TRAI (2023). Telecom Tariff: [TRAI] (https://www.trai.gov.in/faqcategory/plans-tariff)
● Kapoor, K., Mishra, A., & Kumar, V. (2018). The Reliance Jio Effect: [ResearchGate]
(https://www.researchgate.net/publication/373111815_AN_ANALYTICAL_STUDY_ON
_RELIANCE_JIO'S_CONTRIBUTION_TO_INDIA'S_TELECOMMUNICATION_MARKE
)
● Times of India (2023). 63% of Jio subscribers hail from rural areas: [Business Standard]
(https://www.business-standard.com/article/companies/jio-adds-2-94-mn-new-mobile-
subscribers-in-july-airtel-0-5-mn-users-trai-122091501088_1.html)
● Mitra, D. (2017). Jio effect: Does the free call model have legs?: [The Economic Times]
(https://economictimes.indiatimes.com/industry/telecom/telecom-news/the-jio-
effect/articleshow/65694564.cms)
● Roy, S., & Singh, S. (2022). Customer Acquisition and Retention Strategies of Reliance
Jio Infocomm Limited in Indian Telecom Market: [ResearchGate]
(https://www.researchgate.net/publication/314810281_Business_strategies_in_Teleco
m_sector_A_case_of_Reliance_Jio_Infocomm_Ltd)
● Chakrabarty, S. (2023). Jio Beyond 4G: Exploring the Diversification Strategy of
Reliance Jio: [AIJ Journal] (http://nytsqb.aiijournal.com/EN/Y2022/V34/I3/28)
● Times Now News (2023). Jio remains on top in mobile, broadband market as per TRAI
data of May: [Times Now News] (https://www.timesnownews.com/business-
economy/companies/jio-remains-on-top-in-mobile-broadband-market-as-per-trai-data-
of-may-article-92987189)
● TelecomTalk (2023). India had 881.25 million internet subscribers as of October 2023:
[The Hindu Business Line] (https://www.thehindubusinessline.com/info-tech/indias-
internet-subscribers-increased-to-88125-million-as-of-march-end-trai-
report/article67219636.ece)
● Gizbot, 2023. Jio 5G Network Coverage Map: [nPerf]
(https://www.nperf.com/en/map/IN/-/19111.Jio/signal/)
● Statista, 2023. Internet penetration rate in India from 2007 to 2023: [Statista]
(https://www.statista.com/statistics/1196721/india-internet-connections-in-rural-and-
urban-areas/)
● Speedtest, 2023. 5G in India: 25 Times Faster than 4G: [Speedtest]
(https://www.speedtest.net/)
● Brand Equity, 2023. Jio tops brand trust index for third year in a row: [LiveMint]
(https://www.livemint.com/news/india/jio-strongest-telecom-brand-in-india-report-
11668325434028.html)
● Jain, R. and Verma, P., 2019. A study on brand awareness of Reliance Jio among youth:
[International Journal of Research in Marketing Management and Sales]
(https://www.ijrms.org/)
● Kumar, A., Singh, S. and Sharma, A., 2022. Customer satisfaction towards Reliance Jio:
[International Journal of Management Studies](https://www.ijmsjournal.com/)
● Singh, S. and Sharma, A., 2020. Impact of Reliance Jio on Indian Telecom Industry:
[International Journal of Management] (https://www.theijm.in/)
● Indian Times, 2023. Jio leads India’s digital revolution, says Mukesh Ambani: [Zee
Business] (https://www.zeebiz.com/companies/news-reliance-jios-rural-customers-rise-
dramatically-over-the-past-few-months-18304)
● Interbrand Best Indian Brands: (https://interbrand.com/newsroom/interbrand-unveils-
2019-best-indian-brands-celebrates-brave-growth-amidst-change/)
● Statista: (https://www.statista.com/statistics/675952/quick-service-restaurant-by-brand-
in-india/)

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