5G helps India participating in fourth industrial revolution- Mukesh Ambani

Reliance Industries Chairman Mukesh Ambani has said that 5G will also help India in participating in the fourth industrial revolution. Addressing the India Mobile Conference- 2020, He said that 5G will enable India to not only participate in the Fourth Industrial Revolution but also to lead it...We are creating compelling home-grown solutions in Education, Healthcare, Agriculture, Infrastructure, Financial Services and New Commerce...Each of these solutions, once proven in India, will be offered to the rest of the world to address global challenges,” he added.

“As the digitalisation of the Indian economy and Indian society picks up speed, the demand for digital hardware will grow enormously...many leading Global companies are coming to India to set up manufacturing facilities. India has developed world-class strengths in chip design. I clearly foresee India becoming a major hub for state-of-the-art semiconductor industry,” Ambani added.

 He also stressed on the importance of getting an affordable smartphone to underprivileged people. “As many as 300 million mobile subscribers in India are still trapped in the 2G era…Urgent policy steps are needed to ensure that these underprivileged people have an affordable smartphone, so that they too can benefit from Direct Benefit Transfer into their bank accounts, and actively participate in the Digital Economy,” he added.