The minister said telecom companies are set to generate revenue of $38.25 billion by the end of 2017, registering a mean annual growth rate of 5.2% since 2014, as more people buy smartphones and consume greater volumes of data.
The terms of reference for the forum are to evaluate, approve roadmaps and action plans for 5G in India by 2020.
The committee - "High Level Forum on 5G India 2020" - will see how India can contribute to the global standards for 5G technology.
Speaking on 5G, the Bharti Airtel Chairman said as 5G begins to develop globally, India is keeping track and will be rewarded with the latest technology.
According to the Ministry, India is at the cusp of a next generation of wireless technology 5G as it has been conceived as a foundation for expanding the potential of the Networked Society. We have the eco-system. use common towers, fibres.
The technological advancements of 5G will in part help the government make a renewed push for its "Digital India" initiative and cashless economy campaigns, which, over the past year or so, have hit many roadblocks because of the lack of adequate infrastructure. "We have to provide ubiquitous access to high-speed data at affordable prices", he emphasised.
He also conveyed THREE must-do tasks for the consideration of both the government and our industry. "We expect that it will emerge as a global event in years to come", Sinha was quoted as saying by PTI ahead of the event. We are sure that the deliberations will inform global policy and over the years, all stakeholders will look forward to this event for launches and releases of new technologies.
India's largest telecom service provider Bharti Airtel Ltd on Tuesday said that it would deploy a Massive Multiple-Input Multiple-Output (MIMO) technology, which is a key enabler for 5G networks. "The future of Digital, telecom is huge in India", Sundararajan said. "The revenue of mobile handset industry rose 22 per cent to Dollars 21.12 billion in 2016 and it is expected that by 2017 around 200 million mobile handsets will be made out of India out of the 270 million mobile handsets to be shipped in the country", Sinha said.