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Billionaire Mukesh Ambani-led Reliance Industries has no plans to launch an app-based taxi service as the company sees no logic in diversifying into unrelated sectors.
It has been speculated for months that Reliance Jio, the company’s telecom venture that has created ripples by signing up 100 million customers in just 170 days of launch, will soon launch a taxi service.
The company had not commented on the speculations so far but took to the Twitter to deny the foray after an online publication stated that Jio has ordered some 600 cars to “kickstart” the service.
A Reliance spokesperson tweeted that the report is “WRONG and DENIED”.
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