Mukesh Ambani, chairman and managing director of Reliance Industries Ltd (RIL), on Wednesday said that 4G coverage in India will exceed 2G during next one year. Mukesh was addressing people during the first edition of the India Mobile Congress in New Delhi.
Ambani went ahead to claim that Reliance Jio Infocomm is the world’s biggest start-up. Reliance Jio Infocomm, the telecom unit of RIL, started its commercial operations in 2016 with 4G services. The company attracted 100 million subscribers in less than six months.
"I believe that in the next 10 years, India will grow from a $2.5 trillion economy to a $7 trillion economy and rank among the top three economies in the world. And to make this happen, the Indian telecom and IT industry has to play a foundational role in creating the digital infrastructure," said Ambani during his speech.
Ambani predicted mobile internet and cloud computing are technologies of fourth industrial revolution and said that India has potential to lead in these technologies.
“Data is the new oil. India does not need to import it. We have it in super-abundance. As an industry, we have the urgent task of empowering 1.3 billion Indians with the tools needed to flourish in the digital marketplace. We have to provide ubiquitous access to high-speed data at affordable prices,” Ambani said.