India to generate $100 bn from telephonic investments

India expects to attract $100 billion in investments in the telecom sector, a union minister said on Wednesday after the cabinet approved a new policy for the sector.

The government is also plans to introduce the next generation of mobile communications network, or 5G, Telecom Minister Manoj Sinha told reporters.

The new National Digital Communications Policy will create a robust digital communications infrastructure in the country and add 4 million jobs, the government sources added further.

The policy also aims to provide high-speed broadband internet to all citizens by 2022.