Reliance Industries Ltd. to foray into “small electricity meter” market

Reliance Industries Limited is planning to tap into the “smart electricity meter” market to expand its Jio platforms by offering the electricity distribution services – meter data collection, communication cards, telecom, and cloud hosting services. The company has decided to invest in the Advanced Metering Infrastructure (AMI) business and is researching to provide these services via “Narrowband – Internet of Things” (NB-IoT).