JioBharat phone corners 50 per cent market share in the sub-Rs 1,000 segment: RIL annual report

Reliance Industries, in its annual report, said that the JioBharat phone, launched in July 2023, captured a 50% market share in the sub-Rs 1,000 segment for FY24. Aimed at shifting 2G users to digital networks, the device offers smartphone-like features at a lower price, significantly aiding digital transition among feature phone users.