Industry leaders share their views on how 5G will impact different industries after Prime Minister Narendra Modi launched the technology at IMC 2022
5G technology has officially been unveiled by Prime Minister Narendra Modi at the India Mobile Congress 2022 being held at Pragati Maidan in New Delhi. 5G technology will provide seamless coverage, high data rate, low latency, and highly reliable communications. It will increase energy efficiency, spectrum efficiency and network efficiency. PM Modi also inaugurated the sixth edition of the India Mobile Congress (IMC).
IMC 2022 is scheduled to be held from 1 to 4 October with the theme of “New digital Universe”. It will bring together leading thinkers, entrepreneurs, innovators, and government officials to discuss and showcase unique opportunities emerging from the rapid adoption and spread of digital technology. “I specially urge those from the tech world, my young friends and the StartUp world to join this special program,” said PM Modi.
What Industry Leaders have to say about 5G Launch at India Mobile Congress?
Mukesh Ambani, Chairman of Jio Platforms
The steps taken to fast-track India’s march into the 5G era provide a compelling proof of our Prime Minister’s determination. This is most heartening because 5G is much more than the next generation of connectivity technology. To my mind, It is a foundational technology that unlocks the full potential of other 21st century technologies like Artificial Intelligence, Internet of Things, Robotics, Blockchain, and Metaverse.
Saurabh Kumar Sahu, Managing Director and Lead – Communications, Media and Technology, Accenture In India
The launch of 5G in India marks a crucial milestone and will be a game changer in accelerating India’s journey towards digital transformation. As an enabler of the next wave of digitalization, 5G will not only catalyze new opportunities for the telecom industry but also for enterprises across industries such as manufacturing, healthcare, retail, mining among others. It has the potential to improve productivity, optimize service quality and reduce costs, leading to increased economic output and better consumer experiences. At Accenture, we are committed to helping telcos and enterprises navigate the 5G ecosystem by combining our deep industry expertise, breadth of technology capabilities and experience of enabling digital transformation at scale to meet their innovation and growth agenda.
Sanjay Malik, Sr. Vice President and Head of India Market, Nokia
Nokia is committed towards and fully prepared to support our partners in ushering in the 5G era in India. We welcome all measures taken by the Government to facilitate the deployment of 5G technology. Our global experience in 5G rollouts shows that it will provide a strong impetus to socioeconomic growth and industrial development, contributing to the GDP and mission of Digital Bharat.
Anku Jain, Managing Director, MediaTek India
5G will usher in a new wave of opportunities for businesses, unlocking the next level of growth for the country. More than just seamless connectivity and fast speed, 5G technology is going to revolutionize businesses and industries, enhancing advancements, and innovation & R&D while also improving customer experiences. 5G will be a key driver for Digital India initiatives and realizing Design in India opportunities leveraging disruptive technologies like AI, cloud, IoT, and others across the ecosystem. We foresee India becoming a major hub for cutting-edge semiconductor R&D and design and the rollout of 5G services will accelerate the next wave of digital transformation. MediaTek congratulates the people of India and we are extremely proud to be a part of this significant milestone in India’s journey towards atmanirbharta.
Arvind Bali, CEO, Telecom Sector Skill Council
We applaud our hon’ble PM on this landmark announcement of the long-waited launch of 5G services in India. Numerous opportunities will arise for the skilled workforce in India as the demand for 5G services rises. For an estimate, in FY2021–2022 around 36,000+ competent workers were needed in India for 5G and allied technologies. Due to the increased use of internet services and apps, the demand for better telecom networks, and currently the implementation of 5G network, this gap will only widen. In order to meet this demand, TSSC has already developed courses in 5G and related technologies and created multiple Centers of Excellence and training centres across the country. To close this gap, we have also teamed up with various government, academic, and business stakeholders. India is home to a sizable talent pool, hence it is crucial that the youth is skilled, upskilled, or reskilled for this new network technology.
Manoranjan (Mao) Mohapatra, CEO, Comviva
The rollout of 5G network in India will be a crucial enabler for digital transformation. We applaud our hon’ble PM on announcing the launch of the 5G services in the country. Apart from catering to the customers, the 5G technology will also add an intrinsic value to the enterprise segment in the country. The global market for 5G-enabled business applications is expected to grow to $20 billion USD over the five years and India will be a critical contributor to this expansion. 5G will not only improve connectivity across the country but also reinvent the customer experience for telco consumers apart from the traditional calling and internet services.
Manish Vyas, President, Communications, Media and Entertainment Business, and CEO, Network Services, Tech Mahindra
5G ecosystem will unlock immense opportunities for industries across sectors, allowing them to experiment with myriad ideas to innovate and fuel the next level of growth possibilities. 5G is not just a generational leap in Network technology, it is a platform for Innovation. I often say that 5G is like the last piece of the Industry 4.0 jigsaw puzzle, that will spearhead the next wave of digital disruption, taking us a step closer to realizing our dream of Atmanirbhar Bharat and technological supremacy. We are extremely excited about 5G and would like to congratulate the government and the people of India on this momentous day that has made 5G a reality.
Agendra Kumar, MD, Esri India
The launch of 5G is truly a watershed moment for us and we are proud to be a part of this journey. As we enter this new dawn of technological disruption, the advent of 5G will not only revolutionize the Indian telecom industry but will have a huge social, economic, and global impact. In all this, GIS technology and geospatial infrastructure will play a pivotal role in helping Telecom Service Providers (TSPs) in designing and managing their networks, assets, and operations in an integrated way, and be agile enough to grow as their business requirements change, while ensuring next-generation customer experience. Together, 5G and GIS will play a transformational role in the success of Digital India.
Sanjeev Barnwal, Founder and CTO, Meesho
After much anticipation, 5G services have finally been launched in India. The months ahead will undoubtedly see an increase in data consumption as all smartphone users wait to experience the magic of 5G. There’s no doubt that such a revolutionary technology will not only help in the digitisation of millions of small businesses in the country, but also provide impetus to our government’s goal of becoming a 5 trillion dollar economy by 2025. As a tech-first e-commerce company, we’re also excited to see its potential impact on the adoption of newer innovations like live/video commerce especially in the tier 2+ markets.
Lt. Gen. Dr. S P Kochhar, DG, COAI
We are honored and thankful to our Honorable Prime Minister for launching first 5G services at IMC 2022. We are excited about the long-awaited 5G launch in India. Telecom operators are geared up to provide the high-speed services that are poised to transform consumer experience. 5G will open new avenues for each sector from manufacturing, healthcare, and augmented entertainment to even smart city projects by integrating with new-age technologies like IoT, M2M learning, drones, AI, and big data analytics. We will see a multifaceted impact in terms of creating opportunities for people and businesses that have the potential to completely change the economic landscape of India. With a goal of reaching a $5 trillion economy by 2025, 5G is the road map for the socio-economic development and future prosperity of our nation.