Next-generation 5G high-speed services will bring fundamental changes to several sectors, including education, health, agriculture and banking, Telecoms Minister Ashwini Vaishnaw said on Saturday.
The minister also said 5G will create new services with digital capabilities at the center.
“Telecom is a gateway to digital India. Telecom is the root of all digital services that we see in our modern life. 5G services will bring fundamental changes in several sectors – education, health , agriculture, logistics and banking. This will create new opportunities,” Vaishnaw noted.
The 5G service was launched by Prime Minister Narendra Modi at the India Mobile Congress on Saturday.
The Minister said that the Prime Minister had issued the challenge to develop indigenous technology for 4G and 5G, and India was progressing in technology development, and now the world is looking at Indian telecom technology.
Modi has launched crucial 5G networking equipment – the Non-Standalone 5G Core (NSA), designed and developed locally by the state-run C-DOT.
Center for Development of Telematics (C-DOT) said end-to-end 5G calling was demonstrated using C-DOT 5G NSA Core installed at BSNL Chandigarh and 5G Radio Access Network (RAN) , developed in collaboration with Wisig Networks, VVDN Technologies and Radisys India.
The industry hailed the government’s decision to launch 5G services in the country, calling it a transformational step for industrial development.
“It’s a generational leap that can help increase the telecommunications sector’s contribution to GDP to 8-9% from the current 6.5%,” said Ficci chief executive Arun Chawla.
Ficci IT/ITeS committee chairman Rahul Sharma said 5G technology is expected to add $450 billion to the Indian economy between 2023 and 2040.
“The potential for 5G in India is truly transformative. Once built, it will accommodate up to one million connected devices per square kilometer, compared to just 2,000 under 4G,” Chawla said.
Nokia Senior Vice President and Head of India Market Sanjay Malik said his global experience in rolling out 5G shows it will give a strong boost to socio-economic growth and industrial development, contributing to GDP. and the mission of Digital Bharat.
MediaTek India Managing Director Anku Jain said 5G will usher in a new wave of business opportunities, unlocking the next level of growth for the country.
“5G will be a key driver for Digital India initiatives and realizing design opportunities in India, leveraging disruptive technologies such as AI, cloud, IoT and others across the ecosystem. We expect India to become a major hub for cutting-edge R&D in semiconductors and the design and deployment of 5G services will accelerate the next wave of digital transformation,” Jain said.
Telecom Sector Skill Council CEO Arvind Bali said that in FY 202122, about more than 36,000 skilled workers were needed in India for 5G and related technologies.
“Due to the increased use of Internet services and applications, the demand for better telecommunications networks and currently the implementation of the 5G network, this gap will only widen. To close this gap, we are We are also associated with various governments, academics and India is home to a large pool of talent, so it is crucial that young people are qualified, upskilled or requalified for this new networking technology,” added Bali.
CEO of IT company Comviva, Manoranjan Mohapatra, said India’s 5G network rollout will be a crucial catalyst for digital transformation.
“The global market for 5G-enabled business applications is expected to reach $20 billion over five years and India will be a key contributor to this expansion. 5G will not only improve connectivity across the country, but will also reinvent the customer experience for telecom operators. consumers outside of traditional call and internet services,” said Mohapatra.
Manish Vyas, President of Tech Mahindra for Communications, Media and Entertainment and CEO of Network Services, said 5G is not just a generational leap in network technology, it is a platform for innovation. .
“I often say that 5G is like the final piece of the Industry 4.0 jigsaw, which will spearhead the next wave of digital disruption, bringing us closer to realizing our dream of Aatmanirbhar Bharat and supremacy. technology,” he noted.
Agendra Kumar, managing director of GIS (geographic information system) technology services company, Esri India, said that the advent of 5G will not only revolutionize the Indian telecommunications industry, but will have a social, economic and huge world.
“In all of this, GIS technology and geospatial infrastructure will play a pivotal role in helping telecommunications service providers (TSPs) design and manage their networks, assets and operations in an integrated manner, and be sufficiently agile to grow as their business needs change,” he said.
Rahul Sasi, CEO of cybersecurity intelligence firm CloudSEK, says the 5G technology architecture is fundamentally more secure than its predecessors.
“The 5G architecture is built on top of the API, the same technology stack that powers the web. This means that the future of telecommunications security would be in the hands of web hackers. Unskilled web hackers could be capable of playing a voice message if a 5G network is not implemented correctly,” he said.
(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)