Reliance Industries' 40th AGM: Here are the key takeaways

As expected, Reliance Industries Limited's 40th Annual General Meeting was dominated by major announcements made about Reliance JioPhone. However, the biggest surprise of all was the JioPhone's price, or rather, the lack of it.

Here are the biggest takeaways from the AGM about the Reliance Jio:

# RIL continuous to be India's largest exporter accounting for 8 percent of India's total merchandise exports with a value of  Rs 147,755 crore and access to markets in 108 countries.

# Reliance paid Rs 29,637 crore of customs and excise duty during the year, which is almost 5 percent of India's total revenues from customs and excise duty.

# Reliance is also the highest Income tax payer in the private sector in India and paid Rs 8,880 crore as income tax during the year.

# The company has invested over 1.3 lakh crore in our energy and material businesses.

# Every hour, 42 laptops and 68 TV's are sold at Reliance Digital, and every minute 8 mobile phones are sold.

# Network 18 channels on an average reach over 500 million viewers every week, one of the highest among all TV networks in India.

# At its 50th anniversary, Reliance will strive to become one among the Top 50 companies in the world.

# In last 40 years, Reliance’s turnover grew 4700 times to Rs 330,000 crore, profit 10,000 times to Rs 30,000 crore and total assets have increased by 20,000 times to Rs 700,000 crore.

# Market capitalisation has grown from ten crore to five lakh crore.

# Money invested in the company has doubled every two and a half year.

# The employee base has grown from 3500 in 1977 to 250,000 in 2017.

# In less than 170 days, Jio’s subscriber base crossed 100 million. On an average Jio adds seven customers per second every day.

# In just 6 months of Jio's launch, data consumption in India went from 20 crore GB to 120 crore GB per month, proving the sceptics wrong.

# Currently Jio consumers alone consume 125 crore GB of data every month. India has overtaken USA and China in mobile data usage.

# Jio will take three winged approach to the digital empowerment: Connectivity, Data Affordability and Device Affordability.

# The JioPhone will be available for user testing in beta from 15th August and for pre-booking from 24th August.

# Reliance JioPhone to be available to everyone for free of cost

# Reliance will collect a fully refundable, one-time, security deposit of Rs 1,500 with every JioPhone. The amount will be refunded after three years.

# Voice to always be free on JioPhone

# JioPhone users to get unlimited data at Rs. 153 per month

# JioPhone users to get the already popular Dhan Dhana Dhan plan at Rs 153 per month

# JioPhone users will be able to mirror their mobile screen on any kind of TV

# Jio currently has over 100 million paid customers

# Jio Phone is 4G LTE feature phone offering all Indian languages

# Jio Phone takes voice commands and also has internet browsing features

# Reliance Jio service to cover 99 percent of India’s population in 12 months

# Over 125 million mobile users on the company’s network

# Most users have subscribed to Rs 309 voucher or more

# Jio's user base consuming 12 crore GB data every month

# Jio data consumption includes 265 crore minutes of voice and video calls every day.

(Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.)