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Sep 23, 2020 6 tweets 2 min read Read on X
Word on the street is that Jio is launching an affordable smartphone priced at Rs. 4000. And this could be a serious blow to Airtel and Vodafone-Idea (Vi).

Why? (1/6)
Well, the answer lies in the massive 2G user base in India. Airtel has 13Cr and Vi has over 17Cr 2G users. 47% of Airtel's and 60% of Vi's users are on 2G

Even when Jio launched free calls and cheap data plans, they couldn't get a lot of 2G subscribers to shift to Jio (2/6)
The reason being, Jio's 4G sim only works on a 4G phone. And most 4G smartphones sold at the time were still expensive for low-income groups. Although Jio released a 4G feature phone, it didn't manage to convince a lot of people to switch. However that might be changing now (3/6)
Jio is partnering with Google to launch affordable smartphones priced at ₹4000. And word on the street is that Jio has asked Indian suppliers to augment their production capacity so that Jio could push out 20 Cr smartphones in the next 2 years (4/6)
If Jio were to be successful in making an affordable 4G smartphone, it can be a serious blow to Airtel and Vi. On the flip side, Indian manufacturers like Dixon, Lava, Karbonn would receive a big fillip since they could put some of their manufacturing capacity to good use. (5/6)
For more insights like this, subscribe to Finshots-
bit.ly/35UXtkm It's free. (6/6)

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More from @finshots

Sep 23
Imagine a scenario, when India abolishes all taxes and goes tax free!

How would that go by for the country? We evaluated some of the possible scenarios and here's what we found out 👇🧵 Image
1/ In India, we pay taxes for a myriad of reasons. GST, TDS, Income Tax, other indirect taxes and what not.

And your tax money is almost close to 35 to 40% of what you earn.

This is close to what citizens in Germany, France, Netherlands and other countries pay. But, are we getting the most out of the taxes we pay?
2/ In India, less than 6% of Indians file for Income Tax Returns. And out of those filing returns, probably 2% actually pay any significant taxes. That makes the salaried middle class hold up the entire state machinery.
Read 12 tweets
Sep 21
Jio and Airtel could be in serious trouble with the government for this one big move!

And this move is already creating a digital access crisis that no one is talking about!

Here's all you need to know 👇🧵 Image
1/ Out of nowhere, Jio and Airtel discontinued their ₹249 entry-level plans in August 2025. Forget price hikes, this is the clean removal of the most basic 1GB/day recharge.
2/ Why does this matter? These so-called “affordable” packs weren’t for high-flyers. 20-25% of Jio’s and 18-20% of Airtel’s entire subscriber base depended on these plans for mobile internet.
Read 9 tweets
Sep 16
A one rupee coin costs more than its value for the government to mint!

Here’s how the government is operating in thin margins while minting coins as currencies 👇🧵 Image
1/ When UPI arrived in India, it didn’t just boost digital payments, it transformed the nation’s payment culture. It pushed physical currency, especially coins into the shadows.

UPI transactions exploded from Rs. 64 lakh in March 2017 to Rs. 1,830 crore by March 2025.

Meanwhile, India’s coin production plummeted 88% between 2017-2024, down to just 120 crore coins. Currency notes, however, increased only about 10% in the same period.
2/Interestingly, minting has been an expensive affair for the government. Back in 2018, making a Rs.1 coin cost Rs.1.1, which means a pure loss on every single coin.

Also, the profit margins on making Rs. 2 and Rs.5 coins are also very thin.

But despite this economic loss and barely 15% minting capacity usage, the Rs. 1 coin still makes up 40% of the coins in circulation. Why?
Read 8 tweets
Sep 5
Hospitals are earning record profits, yet access to healthcare remains lowest in India.

But why ?

We dug deep on this issue and here's what we found out👇 Image
1/ Before getting into what’s happening, you need to understand what Average Revenue Per Occupied Bed or ARPOB means.
It essentially translates to hospitals tracking revenue per occupied bed, just like hotels do per occupied room.
And ARPOB across major hospital chains are at an all time high!
2/ Max Hospital is making ~Rs 78,000/day/bed
Fortis is making ~ Rs 73,000/day/bed
Medanta is making ~ Rs 67,000/day/bed
Apollo is making ~ Rs 62,000/day/bed

Now, when occupancy rates are still around 65%, how are these hospitals making such record profits?
Read 7 tweets
Sep 2
44 Lakh Reliance investors may miss out their pie on the upcoming Jio IPO!

What’s really at stake?

Here’s what you need to know👇 Image
1/ Jio Platforms is about to make history on Dalal Street, targeting a jaw-dropping $154B valuation for its 2026 IPO.

Yet, 44 lakh Reliance Industries shareholders won’t get direct Jio shares like last time. They’ll participate only via RIL’s 66.3% holding.
2/ This contrasts sharply with Jio Financial’s previous “buy one, get one free” spin-off, where RIL shareholders received direct shares.

Now, investors face a classic holding company discount which is less direct value, but RIL.
Read 8 tweets
Aug 29
Reliance just concluded it's 48th AGM

Here's All you need to know about the upcoming Jio IPO and more such highlights🧵 Image
1/ Mukesh Ambani announced Jio IPO likely in the first half of 2026, marking a key milestone for Reliance’s telecom arm. This listing is a key unlock for investors and reflects the maturing digital market in India amid rising demand for connectivity and digital services post-pandemic.
2/Reliance is building the world’s largest clean energy ecosystem: battery gigafactories (40-100 GWh output), solar PV manufacturing to scale to 20 GWp, and green hydrogen production. Furthermore, Jio-BP will expand its EV charging network and mobility fuels, driving India’s green mobility transition.
Read 13 tweets

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