Reliance Industries Ltd.

Reliance Industries (RIL) is reportedly in talks with Chinese manufacturers to secure cut-price phones that could be sold in packages from $30, as it seeks to repeat the low-cost revolution it unleashed with its first dip into India’s mobile market more than a decade ago.

The company, which aims to roll out India’s first national 4G service in the coming months, has been talking to groups including Gionee, Huawei and Xiaomi, as Chinese firms also seek a platform to build their presence in a lucrative and growing market.