After made its name in Telecom sector, Reliance Jio is in rumours to launch app-based taxi services. But Reliance industries has no plan to enter into taxi services as the company sees no logic in diversifying into unrelated sector.

The company which has created the hurricane in telecom sector by signing up 100 million customers in just 170 days of launch has been conjecture for the month that it will launch a taxi service.

Reliance Jio has not commented on the speculation so far about ordering some 600 cars to “kickstart” the service. But it clears the rumor about Reliance Jio entering app-based cab services in Twitter.

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A Reliance spokesperson tweeted about the report is “WRONG and DENIED.” Another official explained that the company has no plans to get into unrelated diversification.

Reliance Jio has announced a strategic partnership earlier this week about Uber to allow users of the app-based taxi aggregator to pay for their rides through Jio’s prepaid wallet.

The company official added, enabling commuters to pay for their rides through JioMoney is as far as the company intends to go.

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