October 14, 2024 11:17 AM

5G to inject USD 450 billion into Indian economy by 2040: Telecom Minister Scindia

Union Minister of Communications Jyotiraditya Scindia said on Monday that the adoption of 5G technology in India is expected to contribute an estimated $450 billion to the country’s economy by 2040. Speaking at the Global Standards Symposium, one of the world’s largest telecom events, held at Bharat Mandapam in New Delhi, Scindia said: "In India alone, 5G is anticipated to inject an astounding 450 billion dollars into the economy by 2040." Scindia underscored that 5G is about more than jus...