In a revolutionary move, India will be the first country to deploy an indigenous 5G technology.
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New Delhi: Rajeev Chandrashekhar, Minister of State for IT and Electronics announced that India’s rapid development of native technological development has led to a dawn of a new India. Comparing how other technologies such as 2G, 3G, and 4G were imported, he said that it is through the persistent initiatives of PM Modi and the NDA that India has become self-reliant.
He said, “When the economies of other countries are suffering, India has shown they can get the value for their 5G networks at Rs 1.5 lakh crore.” He further stated that the entire equipment for facilitating 5G in India has been constructed within the nation.
“An important aspect about entering into the generation of 5G networks is it will be run on the equipment designed and manufactured in India,” he affirmed.
Thanking PM Modi for his relentless efforts with initiatives such as “Vocal For Local,” he said, “Now, under the leadership of Prime Minister Narendra Modi, on the one hand, we are getting Rs 1.5 lakh crore from the spectrum auction; the citizens will get access to the latest technology and the telecom networks will be implemented using the equipment designed and manufactured in India.
This is a moment of pride and a milestone for India.”
Surprised at the state of development achieved by India, the minister boasted, “I was witness to the launch of the Digital India mission in 2015 and then, it didn’t occur to me that we will develop as a country so fast and in the span of just 5-6 years, we will be using indigenously-developed 5G technologies.
India will become one of the first countries to develop indigenous 5G because of the leadership of PM Modi, who focussed on building capacities, capabilities, and confidence.”
On the 1st of this month, the 5G spectrum auction had been concluded as the Centre received a total bid amount of Rs 1,50,173 crore. IT minister Ashwini Vaishnav confirmed that out of the total spectrum of 72,098 MHz on offer, 51,236 MHz has been sold in the auction.
The auction for the 5G commenced in the last week of July. Reliance Jio Infocomm won the bid as the highest bidder after they acquired 24,740 MHz, by bidding Rs Rs 88,078 crore for their spectrum.
The minister also confirmed that the citizens will be able to use 5G speeds on their phones by October, this year. The payment for the spectrum and other formalities will be over by August 12, he stated.
