Jio Feature Phone: Reliance Jio Aims to Sell 20 Crore Units, Says Report
The launch of Jio feature phone with 4G VoLTE support is just a day away, and both the telecom and mobile phone industries are geared up to see how Reliance Jio transforms another market. But it seems the company has much bigger plans than most would estimate, at least according to a new report. The Mukesh Ambani-backed Reliance Industries' aim is said to be to sell within two years of its launch 20 crore units of the Lyf-branded Jio feature phone, which is widely expected to be unveiled this Friday at the Reliance AGM. Also read the Jio Mobile Booking on RelianceJioOffers.org This is an ambitious figure considering little over 136 million feature phones were sold in the whole country by all brands combined in 2016. A PTI report citing sources says Reliance Jio has an "initial sales" target of 10 million (1 crore) units, though the time period of that is unknown. Overall, Jio reportedly aims to sells 100 million units (10 crore) of the feature phone the first ye