“Jio will pioneer the 5G revolution in India,” says Mukesh Ambani at the India Mobile Congress 2020

“The 5G would be powered by the indigenous-developed network, hardware and technology components,” Ambani said in his speech.

Prime Minister Narendra Modi in his inaugural speech at India Mobile Congress (IMC) 2020 said that India is emerging as the preferred mobile manufacturing base. In his speech, he also assured that in three years every village will have high-speed fibre optic data connectivity.

“India is emerging as the most preferred destination for mobile manufacturing. We have also come up with a production linked incentive scheme to promote telecom equipment manufacturing in India. Let us work together to make India a global hub for telecom equipment, design, development and manufacturing,” the PM Narendra Modi said.

Reliance Industries Chairman Mukesh Ambani was among the keynote speakers for the three-day IMC 2020 event, that’s happening virtually this year due to COVID-19. At the event, Mukesh Ambani stressed on pioneering the 5G connectivity in the country by 2021. “India is today among the best digitally connected nations in the world. In order to maintain this lead, policy steps are needed to accelerate the early rollout of 5G and to make it affordable and available everywhere. I assure you that JIO will pioneer the 5G Revolution in India in the second half of 2021,” Ambani said.

“It will be powered by the indigenous-developed network, hardware and technology components. JIO’s 5G service will be a testimony to your inspiring vision of ATMA-NIRBHAR BHARAT” he added.

Mr Ambani also mentioned that the company is creating compelling home-grown solutions in the education, healthcare, agriculture, infrastructure, financial services and new commerce, by signifying Jio’s role in building world-class capabilities in Artificial Intelligence, Cloud Computing, Big Data, Machine Learning, Internet of Things, Blockchain, etc.

Mukesh Ambani also called for urgent policy measures to ensure access to affordable smartphones for 300 million mobile subscribers who are still trapped in the 2G era. “As many as 300 million mobile subscribers in India are still trapped in the 2G era. Urgent policy steps are needed to ensure that these underprivileged people have an affordable smartphone. So that they too can benefit from Direct Benefit Transfer into their bank accounts, and actively participate in the Digital Economy,” he said.

Adding to the speech, he further spoke about the digitalization of the Indian economy and the Indian society. How its demand for digital hardware would grow enormously and that India cannot rely on large-scale imports in this area of critical national need.

Ambani also expressed his confidence in the Indian economy bouncing back and becoming a $5 trillion economy. “The Indian economy will not only bounce back but will also grow with unprecedented acceleration. India can — and India will — prove cynics wrong by becoming a $5 trillion economy. It will be a More Equal India, with increased incomes, increased employment, and improved quality of life for 1 billion Indians at the Middle and Bottom of the Economic Pyramid.”

“I clearly foresee India becoming a major hub for the state-of-the-art semiconductor industry. When all the stakeholders work together, we can surely ensure that India’s success in hardware will match our success in software,” he concluded.

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