“$100 bn investment in 5 years is probably an underestimation” : Aruna Sundararajan

- Advertisement -

Taking broadband to all is the focus of the draft national telecom policy and the industry is also quite optimistic about the changes that the policy is about the bring in. To strengthen this further, today the Confederation of Indian Industry (CII) have released the Broadband Report 2018 namely “Broadband 2022 – Fast tracking India’s economic growth by $1 trillion”.

— By Baishakhi Dutta

Aruna Sundararajan, national telecom policy, CII, telecom, broadband, IndiaOn this occasion telecom secretary Aruna Sundararajan said that the broadband report is almost an exact echo of what the government has already articulated as its vision. “The National Telecom Policy which is being renamed as the National Digital Communication Policy is in itself a very significant shift because what the policy seeks to address is not the enabler of traditional telecom infrastructure but trying to articulate a framework which is reoriented in terms of a much larger and influential digital infrastructure”.

- Advertisement -

The policy itself comes in the backdrop of some very major changes that the Indian economy is undergoing because as the national vision it has been articulated that India must now move on to the next higher level of 8% sustained growth in the years to come. In the recent months the government has been looking at policy drivers that can actually accelerate and propel India to a higher growth path.

Sundararajan further said that a national workshop on the National Digital Communication Policy in scheduled on 15th May where the government is going to talk to all the states and help them bring on board the new policy. “One of the target of this workshop will be to arrive at a target whereby the states and centre will ensure that fiber is driven into the ground and that towers are set up on a collaborative basis. TAIPA along with the government has already aimed at setting up a common infrastructure”, informed Sundararajan.

She unveiled the broad contours of the next telecom policy, which will aim to attract investments worth $100 billion by 2020 in the digital communications sector, create 4 million jobs and enhance the sector’s contribution to 8% of India’s GDP from about 6% in 2017, while adhering to the principles of net neutrality.

In her remarks to the media on the ambitious investment of $100 billion, the minister said, “China has consistently spent 70 billion dollars on telecom infrastructure every year. We are aiming $100 billion in 5 years. In my view this investment is probably an underestimation. If we really want to create next generation infrastructure, India must create a framework so that we can have significant investments coming into this sector”.

Urging media fraternities to spread the message she said, “I would like to appeal to the industry that industry has not done its bit in terms of innovations. There is significant capabilities and strength in the software sector that is still unexplored. Therefore, time is here and so we must leverage our own capabilities”.

She further stated that India’s future will be very largely dependent upon the pace at which these investments are coming and the rate at which these infrastructures are being built apart from the pace and rate at which the industry on boards various platforms to develop the next generation telecom services.

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Buzz

E-Motorcycle Maker Ultraviolette Plans to Tap Western Market Soon

0
With international ambitions in mind, Bangalore-based Ultraviolette aims to first tap the domestic market starting next year As per the latest reports, TVS-backed electric motorcycle...

Gurugram: TSSC Joins SBI Card to Launch Telecom CoE for Women

0
This CSR initiative aimed at women's empowerment will skill 763 candidates at the centre set up at a college in Gurugram Telecom Sector Skill...

Tech Mahindra Joins Axiata for 5G Enterprise Solutions

0
Will co-develop and market 5G-related emerging tech across five South and SE Asian countries Partnership in line with Tech Mahindra’s NXT.NOW framework, which...

Exclusive

E-Motorcycle Maker Ultraviolette Plans to Tap Western Market Soon

0
With international ambitions in mind, Bangalore-based Ultraviolette aims to first tap the domestic market starting next year As per the latest reports, TVS-backed electric motorcycle...

Gurugram: TSSC Joins SBI Card to Launch Telecom CoE for Women

0
This CSR initiative aimed at women's empowerment will skill 763 candidates at the centre set up at a college in Gurugram Telecom Sector Skill...

Tech Mahindra Joins Axiata for 5G Enterprise Solutions

0
Will co-develop and market 5G-related emerging tech across five South and SE Asian countries Partnership in line with Tech Mahindra’s NXT.NOW framework, which...

Important Sectors

E-Motorcycle Maker Ultraviolette Plans to Tap Western Market Soon

0
With international ambitions in mind, Bangalore-based Ultraviolette aims to first tap the domestic market starting next year As per the latest reports, TVS-backed electric motorcycle...

Gurugram: TSSC Joins SBI Card to Launch Telecom CoE for Women

0
This CSR initiative aimed at women's empowerment will skill 763 candidates at the centre set up at a college in Gurugram Telecom Sector Skill...

German Electronics Manufacturer Hama Enters India

0
The company has tied up with various distributors and retailers; initially plans to launch over 300 products in India Germany-based Hama, a leading global manufacturer...

Irani Srivastava Roy: Signify’s New Chief HR Officer for India

0
The lighting company appointed the 23-years-of-experience holder for aligning the organization's people strategy with business objectives I look forward to further strengthening the...

EVs Set to Drive Telematics Demand: Report

0
Telematics shipments in India to reach 50 mn units in 2030 The report expects that the rising Electric Vehicle (EV) demand, enhanced 4G...

Manufacturing

First Private Company in India Builds its Own Mission Control Centre

0
Agnikul Cosmos is set to operate from this new facility at Sriharikota which was inaugurated by Shri S. Somanath,  Chairman, ISRO. India’s first launchpad and...

New Product Distribution Center by TI in Germany

0
The centre in Frankfurt enables same-day delivery to central Germany next-day delivery capabilities to most European-based customers.  Texas Instruments, a global semiconductor company whose presence...

Redwood to Supply High-Nickel Cathode to Panasonic

0
Despite the increasing demand, there is no cathode production at scale in North America today: Battery material maker Redwood As per the latest reports, Panasonic...
Infineon, CoolSiC

Infineon Planning New Factory in Dresden

0
The semiconductor major has enhanced its long-term financial targets after witnessing a remarkable FY22 Germany-based Infineon Technologies recently released its results for the fourth quarter...

Uno Minda To Invest Rs 400 Cr In New Light Plant

0
The plant is intended to be commissioned by Q4 FY24 The group registered its highest-ever quarterly performance recently As per the latest reports, the...