Manoj Sinha: 5G to bring $1 trillion in the Indian economy

Date:

Trending

- Advertisement -

The economic impact of 5G is estimated to be over one trillion dollars for India, which is aggressively positioning itself to be at the forefront of the new age technologies, Communications Minister Manoj Sinha said Tuesday.

Vowing that India will “not miss the 5G bus”, the minister outlined the country’s strides in telecom over the last five years, highlighting the spike in data consumption, broadband user base, and low tariffs, but added that ensuring safety and sovereignty of digital networks will be a priority for the government.

- Advertisement -

“While we are gearing up for the next wave of digital transformation, it is also important to ensure the safety, security, and sovereignty of digital communications… It is important that we focus on security testing and establish appropriate security standards.

- Advertisement -

We have recently started a state-of-the-art facility for preparation of security assurance standards, putting us at the forefront of technology,” Sinha said.

The facility will work on security requirements and also facilitate development of testing and certification ecosystem in the country, Sinha said while speaking at India Telecom 2019 expo organised by Telecom Equipment and Services Export Promotion Council (TEPC).

- Advertisement -

Terming 5G as a “gamechanger”, the minister said that flagship government programmes like Digital India and smart cities will ride on 5G.

“The economic impact of 5G is expected to be over one trillion dollars for India, and the consequent multiplier effect is expected to be much more,” Sinha said.

He underscored the need for promoting investments to build underlying infrastructure that would make 5G a success, and added that a working group has been constituted to initiate implementation of recommendations of high level forum on 5G that had submitted its report in August 2018.

Sinha also said that the government is in favour of policies and regulations that will facilitate development of 5G based technologies and services.

“To ensure that we are able to launch 5G services in India along with the world, we have established 5G test beds through industry-academia partnerships, and we expect trials to be conducted over the next 12 months,” he said.

India will position itself as a “globally syncronised participant” in manufacturing and development of 5G based technologies, products and applications, he added.

In her address, Telecom Secretary Aruna Sundararajan noted that connectivity needs of developing and developed markets were different.

“Our challenges are different… we need telecom networks to deliver inclusion, basic services, to connect the unconnected, and serve the under served,” she said, adding that India, with its technological prowess and manufacturing capabilities, is keen to partner other nations who are looking for affordable and robust digital communications solutions.

Rajiv Mehrotra, Chairman of VNL Ltd, highlighted the need to bridge the digital divide between rural and urban areas through connectivity solutions, and said that opportunities should be created for promoting indigenous telecom equipment manufacturing.

THE SNAPSHOTS

Sign up to get quick snaps of everyday happening, directly in your inbox.

We don’t spam! Read our privacy policy for more info.

- Advertisement -
Krishna Mali
Krishna Mali
Founder & Group Editor of TechGraph.

More Latest Stories

More Articles

Geospatial Intelligence Is Powering India’s Next Wave of Smart Infrastructure

Every day, nearly 500 families in India receive news that will change their lives forever: a loved one lost to a road accident. In...

Understanding Common Car Problems and How to Prevent Them

Keeping your vehicle in top condition requires more than just regular washing or occasional oil changes. Cars are complex machines with multiple systems that must work together seamlessly. Over time, wear and tear on specific components, combined with overlooked maintenance, can lead to performance...

From Browsing to Buying: How Multi-Modal AI Is Turning Discovery Into Decision-Making

The digital journey, starting from discovery to decision, has been notably discontinuous through time....

Nebius Gets Approval for 1.2 GW AI Factory Campus in Missouri

Nasdaq-listed AI company, Nebius (NBIS), said the Independence City Council has approved a Chapter...

Why India’s Next Cloud Boom Is Coming from Tier-2 Cities

Historically, the story of India's cloud adoption has been focused on the metro cities...

Is India Ready for a Smart Treasury? A Look at Adoption Barriers and Opportunities

Across India, businesses hold thousands of crores in current accounts that earn no interest....

What Modern Enterprises Can Expect from CPaaS Platforms in 2026

Over the past two decades, enterprise communication technology has advanced rapidly. Yet the gap...

Choosing glass for perfume bottles? Watch for breakage and leaks

You want your perfume bottle to look great and arrive safely. That’s easiest when...

From vineyard to bottle: How blockchain improves trust and sensing in the wine value chain

The wine sector faces increasing consumer demand for transparency, authenticity, and reliable information about production methods, grape origin, sustainability, and ethical practices. Many of...

How To Use Tech To Aid Your Financial Management

Financial management and tech actually go hand in hand really well, and it’s important...

O-1 Visa & Moving Beyond H-1B: Frederick Ng of Beyond Border on Fixing US Visa Bottlenecks for Startup Founders

Speaking with TechGraph, Frederick Ng, Co-founder of Beyond Border, discussed how many venture-backed founders...

BTC to USDT: How to Convert Bitcoin to Tether Safely and Accurately

Looking to exchange BTC to USDT? With market volatility continuing to shape the crypto...

Brazil and South Korea Sign Stragetic Deals Across Trade, Health & Tech

In a move aimed at strengthening economic and strategic ties, Brazilian President Luiz Inácio...

Amazon India Opens 1.1 Million Sq Ft Campus in Bengaluru

Amazon announced the opening of its second-largest office in Asia with the launch of a 1.1 million square feet, 12-storey campus in Bengaluru (Karnataka)...

B2B Logistics platform Mojro Draws $3Mn for IAN Alpha Fund & Others

Bengaluru-based B2B logistics platform Mojro has raised $3 million in a Series A funding round led by IAN Alpha Fund (the second fund in the IAN Group VC series), with participation from 1Crowd and other existing investors. The platform plans to use the fresh capital...

Peak XV Partners Closes $1.3 Bn in Fresh Capital to Back Startups Across India and APAC

Peak XV Partners (formerly Sequoia Capital India & SEA) has closed $1.3 billion in...

Inflection Point Ventures leads INR 4 Cr seed round in Fintech Startup Roopya

West Bengal based no-code ‘lending-as-a-service’ platform Roopya has raised INR 4 Crore in a...

Union Budget 2026: Solar & Clean Energy Industry Draws Mixed Reactions on Manufacturing, KUSUM Funding & Import Duty Exemptions

The solar and clean energy sector has welcomed Union Budget 2026–27 for its focus...

Union Budget 2026 Reactions: AI, Skilling Take Centre Stage, Education Sector Calls for Better Execution

The education and skilling sector has broadly welcomed the Union Budget 2026 for its...

Union Budget 2026 Reactions: Healthcare Sector Welcomes Biopharma and Infra Push, Calls Public Health Investment Modest

The healthcare and healthtech sector welcomed the Union Budget 2026 for its focus on...

Boost Your Home’s Value and Comfort

Enhancing your home isn’t just about making it look beautiful—it’s about increasing comfort, functionality,...

Why India’s Housing Affordability Crisis Needs Policy Attention in Budget 2026

In the past few years, real estate prices have risen steadily, especially in tier-one...

India’s Creator Economy Seeks Tax Clarity and Social Security Support in Budget 2026

As policymakers finalise Budget 2026, the creator economy stands at a crossroads between rapid...

What Budget 2026 Should Do for Responsible AI Adoption

Over the past 5 years, Artificial Intelligence (AI) has become a core component of...

BTC to USDT: How to Convert Bitcoin to Tether Safely and Accurately

Looking to exchange BTC to USDT? With market volatility continuing to shape the crypto...

LTM partners with the Indian Institute of Creative Technologies to strengthen creative technology skilling

LTM, a Larsen & Toubro Group company, and the Indian Institute of Creative Technologies...

Business Structure for Modern Entrepreneurs: What No One Explains Clearly

Modern entrepreneurs often obsess over product-market fit while neglecting the structural bones of their...

How Union Budget 2026–27 Supports Small Logistics Players through TReDS and the SME Growth Fund

Union Budget 2026–27 marks a decisive shift in how India supports its small logistics...

Union Budget Focus on MSMEs: Why Efficient Warehousing Is the Missing Link

The Union Budget 2026–27 places Micro, Small, and Medium Enterprises (MSMEs) firmly at the...

Brazil and South Korea Sign Stragetic Deals Across Trade, Health & Tech

In a move aimed at strengthening economic and strategic ties, Brazilian President Luiz Inácio...

India’s Creator Economy Seeks Tax Clarity and Social Security Support in Budget 2026

As policymakers finalise Budget 2026, the creator economy stands at a crossroads between rapid...

India’s Tech Sector Looks to Budget 2026 for AI Incentives, Cybersecurity & Broader Digital Economy Reforms

As policymakers finalise Budget 2026, leaders across artificial intelligence, quantum computing, spacetech, and semiconductor...

What Budget 2026 Should Do for Responsible AI Adoption

Over the past 5 years, Artificial Intelligence (AI) has become a core component of...