Indians don’t discriminate between local and global brands as long as they get enough bang for their buck and good quality, an online survey of over 1,000 people by YouGov shows. Reliance Jio (41%) is the most trusted telecom network, followed by Airtel (34%), while Paytm (42%) and MakeMyTrip (34%) top the online payments and travel booking categories, respectively. Amazon beats rival Flipkart comprehensively in online shopping, but Ola and Uber are neck and neck in the cab-hailing race.
Reliance Jio is turning out to be biggest Industry 4.0 Adopter @ Digital India.Reliance Jio is already using Blockchain Technology to deliver security, trust, automation and efficiency to almost any type of transaction. Global Brands or Indian Brands, Key to Success is “Customer Obsession” and trust
can only be established if its a “Customer First” philosophy across Organisations.
Mukesh Ambani took the high digital position by underscoring the fact that almost every conceivable emerging technology trend is present in the Jio fold—be that artificial intelligence (AI), internet of things (IoT), blockchain, online multiplayer gaming, multi-party video conferencing, augmented reality (AR), virtual reality (VR) and mixed reality (MR).Reliance Industries Limited and Jio have invested in 14 startups. Jio sets up a network of large world-class data centers across India, Microsoft will bring in its Azure cloud platform to power them.
Data is wealth & Indian wealth must remain in India. However, Customer data owned and controlled by the Indian people. Jio has over 6000 software engineers and we are continuing to attract #technology talent from across India and the world. Over the next 12 months, Jio will install across India one of the largest blockchain networks in the world with 10000s of nodes operational on day one”.
As of late we have seen a ton of worldwide brands make progress into the Indian market just as saw numerous Indian brands become showbiz royalty internationally. On the event of 73rd Independence Day of India, We had also got review to see whether Indians trust neighborhood or worldwide brands with regards to a portion of the overwhelming on the web organizations working in India. The examination recorded driving 76 marks in five classifications web based business, online travel booking, online installments or e-wallets, taxi hailing and versatile system suppliers, and requested that individuals pick the brands they trust the most in every one of these classifications. The examination was directed on 1017 individuals in urban India matured somewhere in the range of 18 and 40+ years.
It demonstrates that brand trust changes as indicated by the business class. While Indians are more trusting of global brands in areas of online shopping and e-commerce, Indian brands are more reliable when it comes to making online payments, for online travel bookings and while choosing a mobile network provider.