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Mar 18, 2017 02:36 PM IST | Source: Moneycontrol.com

Mukesh Ambani Speech: 'Global tech and India's street smartness an unbeatable combination'

He said, "In 170 days, more than millions of Indians adopted Jio. The rate of adoption was faster than any technology service in the world, faster than Facebook or Skype."

Mukesh Ambani Speech: 'Global tech and India's street smartness an unbeatable combination'

2:32 pm: With that it's a wrap on the live coverage. Thank you for staying tuned. Do follow our news coverage for reports on Mukesh Ambani's address.

2.30 pm: Follow your dreams, money is only a by-product of your passion — those are the words of advice for youngsters from Reliance Industries Chairman Mukesh Ambani.

2.27 pm: Money is a by-product of a purpose. "Always have a purpose" he says. I was taught your dreams should keep you awake, they will make you passionate, he says.

2.25 pm: When asked about any political ambitions, Ambani says that politics "isn't his strength". There are, however, several sectors through which one can contribute to India, he says.

2.20 pm: Mukesh Ambani says that the digital revolution can kickstart a second "green revolution" in India. In line with Make in India, we must also look at "Keep in India" to concentrate on retaining workforce in the country, he says.

2:16 pm: Earlier in his address, Mukesh Ambani said denial of opportunity means real impoverishment. No Indian should  be allowed to suffer from poverty, he had said.

2:15 pm: India is really at the beginning of fourth industrial revolution. Some of our brightest minds are working outside the country. If they're brought back to put together a better India, it will be the best opportunity possible, he says.

2:10 pm: We have to combine global technology with India's street smartness. That's an unbeatable combination, he says.

2:06 pm: Technology can also solve problems in the agriculture, healthcare and education sectors across the country, he says.

2:05 pm: Some more positive news for Reliance Jio subscribers. Ambani says Jio network can be upgraded to 5G and by 2017-end. Jio's telecom network will cater to 99 percent population of India, he adds.

2:01 pm: Jio created 90,000 jobs across the country, he says.

1:58 pm: "The future is the child of our present actions. For it we must solve our current problems. Job creation is the biggest challenge in India," he said.

1:55 pm: India has become the largest consumer of data in the world after Jio, he says.

1:51 pm: He says, "In 170 days, more than millions of Indians adopted Jio. The rate of adoption was faster than any technology service in the world, faster than Facebook or Skype."

1:46 pm: Cloud, mobile internet, robotics and nanotechnology are at the forefront of the new era of technology, he said.

1:44 pm: India is among the largest economy in the world. India is the fastest growing economy in the world, he said.

1:40 pm: We are tracking Mukesh Ambani speak at the India Today Conclave 2017 live. He is talking on how technology can change India.

(Disclosure: Reliance Industries, which owns Jio, also owns Network 18 which publishes Moneycontrol.)
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