The FAANGs are back and sharper: Global tech giants' 10-year bet on India

Google and Facebook have all-weather partner in Jio. Apple will manufacture in India. Amazon is cementing its dominance. Latest moves by tech giants will have a lasting impact on India's digital space

The agenda of each of the 13 investors in Jio Platforms is amply stated. Facebook will get a piece of Jio Mart’s e-commerce on WhatsApp. Google is promised a foothold in the feature phone market. Intel and Qualcomm have a big buyer for their chips. And the financial investors are in for handsome bonuses when Jio IPOs hit the market in some two-three years.

Jio’s stake sale, where it pared 32.97 per cent in one of the largest private transactions of its kind in the world, promises a paradigm shift in India’s technology landscape. Many feel that Jio may rise