Reliance will organize its mega event Annual General Meeting (AGM) on 24th May. Many major announcements can be made during this event. It is being reported that the announcement of Jio Phone 5G can also be made during the AGM. 91 Mobiles quoted a report as saying that the price of Jio 5G phone in India can be slated around 2,500. While in some other reports, it has been claimed that the price of this smartphone can be up to $50 (about Rs 3,700) or Rs 5,000. Reliance Jio and tech giant Google are partnering for this smartphone. According to the Economic Times, the smartphone is currently undergoing testing at the manufacturing units of Wingtech Mobiles, Dixon Technologies, UTL Neolinks and Flextronics Technologies.