Indian Economy
Contribution of 5G Technology on India Economy
Union Minister of Communications Jyotiraditya Scindia announced on Monday that 5G technology is projected to contribute approximately USD 450 billion to the Indian economy by 2040. Speaking at the Global Standards Symposium at Bharat Mandapam in New Delhi, one of the world’s largest telecom events, Scindia highlighted the transformative potential of 5G. He stated, “In […]
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FTTH + Wi-Fi: A Transformative Solution for India’s Digital Economy
In the fast-evolving digital landscape, India aims to spearhead the global digital revolution with substantial advancements in high-speed Internet connectivity. Progressing in the deployment of cutting-edge 5G mobile technology, India has covered approximately 10,000 towns and established 3.4 lakh stations by August 2023. However, the absence of compelling use cases poses monetization challenges both globally […]
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5G/6G, Satellite Communication, and Semiconductors Poised to Inject $240 Billion into India’s Economy Over the Next 5 Years
As India aspires to become the world’s third-largest economy, cutting-edge technologies encompassing 5G/6G, satellite communication (SatCom), and semiconductors are poised to be instrumental in achieving this goal. Collectively, these three technologies are expected to contribute around $240 billion to the nation’s economy over the next five years and are projected to add approximately 1.6% to […]
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