5G in India a $1 trillion opportunity

February 17, 2019
Communications Minister Manoj Sinha

The economic impact of 5G is estimated to be over one trillion dollars for India, which is aggressively positioning itself to be at the forefront of the new age technologies, PTI reported quoting Communications Minister Manoj Sinha.

Vowing that India will “not miss the 5G bus”, the minister outlined the country’s strides in telecom over the last five years, highlighting the spike in data consumption, broadband user base, and low tariffs, but added that ensuring safety and sovereignty of digital networks will be a priority for the government.

“While we are gearing up for the next wave of digital transformation, it is also important to ensure the safety, security and sovereignty of digital communications…It is important that we focus on security testing and establish appropriate security standards. We have recently started a state-of-the-art facility for preparation of security assurance standards, putting us at the forefront of technology,” Sinha said.

Terming 5G as a “gamechanger”, the minister said that flagship government programmes like Digital India and smart cities will ride on 5G. “The economic impact of 5G is expected to be over one trillion dollars for India, and the consequent multiplier effect is expected to be much more,” Sinha said.

Comments are closed.