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Industry leaders; 5G will change India’s economic environment

01-10-2022 : Industry executives stated here on Saturday that 5G will open new doors for projects in manufacturing, healthcare, education, R&D, gaming, and smart cities by integrating with cutting-edge technologies including the Internet of Things (IoT), machine-to-machine learning, drones, AI, and big data analytics.
Telecom companies are preparing to offer high-speed services starting this Diwali that are poised to revolutionise customer experiences, with Prime Minister Narendra Modi launching 5G to the nation at the Indian Mobile Congress (IMC), 2022.

According to Lt Gen Dr SP Kochhar, DG of the Cellular Operators Association of India, “We will see a multifarious impact in terms of creating opportunities for people and enterprises that have the ability to radically reshape the economic landscape of India” (COAI).
“5G is the path for the socio-economic development and future prosperity of our nation,” Kochhar continued. “With a target of reaching a $5 trillion GDP by 2025.”
The COAI and the Department of Telecommunications (DoT) are collaborating to organise the IMC 2022.
According to Nokia’s SVP and Head of India Market, Sanjay Malik, “we will provide a strong impetus to socioeconomic growth and industrial development, contributing to the GDP and mission of Digital Bharat” based on our expertise with 5G rollouts globally.

Modi spoke about the advantages of 5G in India and how the service will aid the nation’s technological revolution while launching the 5G service.
According to Puneet Gupta, Managing Director and VP India/Saarc at NetApp, the business and technology communities are investing more in creating edge computing environments to support AI-driven IoT.
Gupta emphasised that the innovations it would offer, including connected healthcare and industrial IoT as well as self-driving cars and smart cities, “will absolutely revolutionise every industry and open new possibilities for enterprises across geographies.”
Anku Jain, Managing Director of MediaTek India, claimed that 5G technology will revolutionise more than simply fast speeds and flawless communication.