4G coverage will become larger than 2G in 12 months: Mukesh Ambani

If we give the country's youth right tools and ecosystem, they will transform India, said Ambani

pratap

Pratap Vikram Singh | September 27, 2017 | New Delhi


#2G   #4G   #telecom   #Reliance Industries   #Mukesh Ambani   #mobile Congress  


 “I believe that 4G coverage in India will become larger than 2G network coverage in next 12 months,” said Reliance Industries Limited chairman Mukesh Ambani on Wednesday.

Speaking at the India Mobile Congress, Ambani said that India has leapfrogged the mobile broadband penetration to become world’s largest mobile data consuming nation in just last one year. “The pace of growth in Indian telecom industry is unparalleled in the world,” he said.
 
Ambani said that in the next 10 years, “I believe that the Indian economy will grow from present $2.5 trillion to $7 trillion. And IT and telecom has to play a foundational role creating the digital infrastructure.”
 
“As a nation we missed the first three industrial revolutions. The fourth industrial revolution is fuelled by connectivity, data and AI. India now has the opportunity to lead the fourth revolution, which has brought more dramatic transformations globally than the three revolutions,” he said. 
Stressing that data is the oxygen of the digital economy, he said: “We can't deprive Indians of life sustaining resource.” 
 
“We have to provide ubiquitous high speed data at affordable prices and at the same time ensure that they also have access to affordable smart phones that connects them with knowledge and limitless power of Internet.
 
“If we give the country's youth right tools and ecosystem, they will transform India. You will be a nation of a million start-ups.”
 
He observed that India's economy is overflowing with data. “All of us have worked to create a robust digital circulatory system to carry data of each of 1.3 billion Indians including those living in remotest villages,” he added.
 

Comments

 

Other News

How to make our cities climate-resilient

Indian cities are growing at a pace that our infrastructure and climate can no longer sustain. This rapid urban sprawl increasingly strains urban systems, overshadowing the severe environmental fallout produced in its wake. The repercussions include Urban Heat Island Effect (UHI), Urban Floods, and many mo

Trump’s China setback pushes US to woo India

A week after Donald Trump’s visit to China – the first by an American president in nine years, US secretary of state Marco Rubio arrived in India on May 23 on a four-day visit aimed at resetting Washington DC’s relations with New Delhi and attending the third Quad ministerial meeting.

EU–India FTA 2026: A high‑stakes prescription for Indian pharma and healthcare

India’s pharmaceutical industry stands as one of the world’s market leaders of generic pharmacy with market valuation of USD 50 billion in 2026. Characterised by high volume, low-cost generic manufacturing, with an annual growth rate of 10-12% primarily propelled by exports and domestic demand,

Legends, vignettes and tales from the freedom movement

Robin Hood of Kathiawar and Other Extraordinary Stories from India’s Freedom Movement By The Paperclip  HarperCollins, 348 pages, Rs 499  

Solicitor General Tushar Mehta tells quirky tales from the world of law

The Lawful and the Awful: Quirky Tales from the World of Law By Tushar Mehta Rupa Publications, 336 pages, Rs 995  

Cabinet meet discussed `Ease of Living`, `Ease of Doing Business`

The Council of Ministers has deliberated upon valuable perspectives and best practices relating to boosting ‘Ease of Living’ and ‘Ease of Doing Business’, prime minister Narendra Modi said on Friday.   As he shared details of the Council meeting held the d





Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter