As per a report by BofA Securities, Jio is looking to replicate mobile traction on MSME front. "Amongst the 50 million MSME, we consider 15-20 million to be the addressable market for this offering currently. Over time with rising GDP/capital and recent focus on the government's "Make in India" initiative we expect room for the addressable market to expand," the report said.from IndiaTV Business: Google News Feed https://ift.tt/2OBrEq4
As per a report by BofA Securities, Jio is looking to replicate mobile traction on MSME front. "Amongst the 50 million MSME, we consider 15-20 million to be the addressable market for this offering currently. Over time with rising GDP/capital and recent focus on the government's "Make in India" initiative we expect room for the addressable market to expand," the report said.