RELIANCE JIO Phone Mukesh Ambani Launches JIO Feature Phone
called the JioPhone at a price of Rs 0. It will be available starting August 15 for testing in beta.
However, there is a catch. Consumers will have to pay Rs 1500, as a security deposit,
which will be fully refundable after three years. Pre-booking for the JioPhone begins August 24.
The company is targeting to have 5 million JioPhones a week.

It also includes FM Radio. The company will also be adding NFC support to the JioPhone.
The phone also comes with a distress button which would send a message to
near and dear ones in case the phone user is in distress and presses the button.

Reliance Communications chief Mukesh Ambani said,
"Reliance has grown from a small startup to one of the largest,
most admired companies.
Turnover has grown from 70 crores in 1977 to 3.3 lakh crores today,
an increase of 4,700 times
. Our total assets have increased from 33 crores to over 700,000 crores and a multiple of over 20,000 times."
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