India will become a global leader in mobile technology by 2027

Union Electronics and Information Technology (MeitY) Minister Ashwini Vaishnaw has said that India will become a world leader in mobile technology manufacturing in the next five years. This growth is expected to generate massive income and employment opportunities for citizens.

India’s 5G efforts will pave the way for technology development

A report of The Hindu declares that the IT Minister hailed India’s current technological advancements in 5G sector and have revealed that the progress they have made is beyond their expectations. At this time, we have seen various telecom operators test their 5G networks in the country. It was recently revealed that 5G spectrum auction will start soon in India, followed by 5G rollout in 2022-2023.

Previous reports have also corroborated this and stated that cities like Delhi, Kolkata, Mumbai and many other metros will get 5G by the end of this year. Based on this, Mr. Ashwini Vaishnaw is now confident that India will soon become a global technology leader in five years. It is said that once 5G rolls out (which should happen), it will “usher in technology-led development.

India has become the second largest mobile phone manufacturer

It is further revealed that India is now the second largest mobile phone manufacturer globally. Commenting on this, Vaishnaw said: “Ten years ago, who would have thought that mobile and electronic systems would be made in India. Today, India has already become the world’s second largest manufacturer of mobile handsets. The world’s largest mobile manufacturing facility is now available in India.”

Mr Vaishnaw also disclosed that the current market for Indian electronics manufacturing is valued at almost Rs 6 lakh crores and generates about 22 lakh job opportunities. If the country continues at this pace, the electronics manufacturing sector will become a Rs 25 lakh crore market in the next five years and generate 80 lakh jobs.

Asking why state-owned companies like BSNL and MTNL struggle to keep up with their privatized competitors like Jio, Vodafone Idea or Airtel, the minister said that “BSNL was a profitable business. BSNL funds were misappropriated during the UPA era. In three years, BSNL had become an entity that was not viable for its subsistence. There were no resources available to fund even day-to-day activities.

However, Vaishnaw also said that BSNL and MTNL have been revived and stabilized, thanks to Prime Minister Narendra Modi’s Rs 90,000 crore package. In addition, the government will inject an additional Rs 45,000 crore into these companies to improve 4G spectra, upgrade networking and replace old equipment. These two telecom operators should start focusing on 5G once they are stable in the 4G field.

Vaishnaw claims that India’s 4G technology has been developed much better than other countries and has mastered virtualization technology safely.

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