Working with govt on tech tools for vaccination drive: Ambani

Working with govt on tech tools for vaccination drive: Ambani
ET Bureau
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RIL chairman says empowering small businesses and consumers will drive India to a $5-trillion economy, with more equal wealth growth at the bottom of the pyramid.

Reliance Industries is working closely with the government to provide the technology tools and backbone for India’s Covid-19 vaccination programme in the coming quarters, chairman Mukesh Ambani said.

India will soon undertake the challenging task of immunising a population of more than one billion. The government has so far decided to vaccinate 300 million individuals on priority, out of whom 270 million are over the age of 50. The distribution process will start as soon as a vaccine gets regulatory approval.

“We are working very closely with all the authorities to make sure that we provide the technology tools and backbone for vaccination in the coming quarters using technology,” Ambani told Facebook founder and CEO Mark Zuckerberg in a conversation during the Facebook Fuel for India 2020 event on Tuesday. “We are ready and pretty much at par with the world, to roll out one of the largest vaccine programmes in the first half of 2021, under Prime Minister (Narendra Modi)’s leadership,” he added.

Three Covid-19 vaccine candidates, developed by Bharat Biotech, Serum Institute of India and Pfizer, are currently under consideration of the Indian drug regulator. Ambani said he firmly believes that India will emerge as one of the top three economies in the world in the next two decades. It will be driven by young people and businesses, he added. “Our per capita income will go from eighteen hundred – two thousand dollars per capita, to five thousand dollars per capita,” Ambani said.

Read: Facebook CEO Mark Zuckerberg says committed to India's growth, outlines key focus areas for 2021

Earlier this year, Facebook invested $5.7 billion in Jio Platforms in return for a 9.9% stake. Ambani added that empowering small businesses and consumers will drive India to a $5 trillion economy and push income equality.

“Together with our platforms and the tools that we will provide to small businesses and to individual consumers, I believe will drive India to a $5 trillion economy and will make a much more equal India, with more equal wealth growth at the bottom of the pyramid,” he said.

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7 Comments on this Story

Jio Rel15 hours ago
US wants to break Facebook, whereas India has combined Reliance, Facebook and Google.
Jio Rel15 hours ago
48 US states have filed a lawsuit to break up Facebook, Instagram and Whatsapp. How is Reliance going to benefit, as Whatsapp won't be under Facebook if this happens. And Reliance had sold the stake to use Whatsapp for retail.
Amit15 hours ago
The development seen in digital payments, ecommerce and basic amenities for the common toilets and easy access to LPG even in the villages are commonplace since the Modi government came to power. Traditional Congress vote pockets like Amethi electing a BJP MP point to growth trickling down to the common man and a change for betterment.