Prime Minister Narendra Modi will launch the 5G telephony services in India today i.e. 1 October. According to an official release, 5G will be launched by the Prime Minister in select cities on Saturday and it will progressively cover the entire country over the next couple of years.
Earlier, Communications minister Ashwini Vaishnaw had also said that PM Modi’s vision is to build 5G parallel to global standards and lead the world in 6G technology.
The cumulative economic impact of 5G on India is estimated to reach USD 450 billion by 2035.
According to the Ministry of Communications, the launch of 5G services follows years of intense preparation. Recently, 5G spectrum auctions were conducted successfully and 51,236 MHz was allocated to Telecom Service Providers with a gross revenue of ₹1,50,173 crore.
The auction aggregated the demand for a robust 5G ecosystem that can cater to its use cases involving IoT, M2M, AI, Edge Computing, Robotics etc.
Apart from the 5G launch, PM Modi will also inaugurate the 6th edition of India Mobile Congress 2022 (IMC-2022) which is to be held from 1-4October at Pragati Maidan, New Delhi.