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RE: ARE RELIANCE JIO DAMAGING THE INDIAN ECONOMY?

in #mgsc7 years ago

You’re using Internet which cost 10000 rs previously which is now cheaper.
The other telecom cheated you and you did not realise. If they could reduce the price now when jio came in. Why couldn’t they do it earlier?
The telecom sector is getting better brother.

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Hi @manishmike10 Actually my friend Reliance industries is very huge company. They can handle some up-down in market. But other local companies are not big as Reliance they will not survive this and if only one company will remain in India who controls all market this will become monopoly. In starting they are offering products at low prices to remove competition after completion removed they will increase there product price, then there will be no other company remain can who controls them. Then you will understand why it is necessary to have competition in market . And importing from route of Indonesia to avoid custom duty will harm our countries revenue. Think for on our country not for your personal benifits...