Industrialist Mukesh Ambani-led Reliance Industries Ltd (RIL) on Friday announced the launch of 'intelligent smartphone' JioPhone, which will be available for beta testing from August 15.
"The JioPhone will be available to all Indians for an effective price of Rs zero," Ambani told the company's 40th annual general meeting here.
The much-awaited phone was launched by Ambani's son and daughter Akash and Isha Ambani. The phone will support 22 languages.
To protect against misuse, customers have to pay a fully refundable Rs 1,500 secuirty deposit while taking a JioPhone. This amount can be refunded after three years.
The pre-booking for the phone will start from August 24 and it will be given away on a first come first served basis. It will be available for all from September.
JioPhone, which is targeted at the 50 crore feature phone users in the country, will offer free voice calls and SMS to customers. For 4G data, customers need to pay Rs 153 per month.
Jio has also announced two recharge packs - one costing Rs 54 that offers a week's validity while another comes with validity of two days and is priced at Rs 24.
The phone is pre-loaded with applications like Jio Cinema, Jio Music and others.
Describing JioPhone, Ambani said: "JioPhone is Made in India by young Indians for all Indians."
Talking about Jio services, Ambani said: "Jio in next 12 months will cover 99 per cent of our country's population."
Jio has 125 million customers across the country now.
He said the telecom sector in India took 25 years to build 2G network for customers, "Jio will do 4G in three years."
Mukesh Ambani also launched a device called Jio phone Cable TV which can be used to connect the JioPhone to any television, even if it isnâ€™t a smart TV to watch videos. This will come at Rs 309 per month and that will allow users to watch videos for three to four hours on a televisions screen.