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."
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.)