5G to make India a global hub for supply chain

5G in India will enable tech companies, enterprises and ecosystem players to build private networks and bring next-generation digital transformation, which is critical for the country to achieve the goal of becoming a $1 trillion digital economy, they said on Wednesday industry leaders and experts.

Lauding the Union Cabinet’s decision to approve the telecommunications department’s proposal to roll out 5G spectrum by the end of next month, Broadband India Forum (BIF) said this will lead to better efficiency, productivity and performance for businesses it will speed up digitization, boost capabilities, boost indigenous manufacturing, and ultimately deliver greater economic benefits to the country.

As we seek to cement India’s position as a global hub for manufacturing, supply chain and R&D, as well as one of the world’s leading digital economies, advancing businesses through Dedicated private captive 5G networks will help gain efficiencies across all vital industry verticals said TV Ramachandran, President of BIF.

Private 5G networks consist of high-speed, enhanced data capacity, and ultra-low latency application deployment within a closed manufacturing unit, hospital, airport, shipping port, etc.

The notification invitation applications (NIA) for the spectrum auction, published on Wednesday, allow all four spectrum allocation methods for private 5G networks as recommended by the Telecommunications Authority of India (TRAI), including the option that companies obtain spectrum directly from the Department of Telecommunications. This gives companies the much-needed right to build out their private 5G networks based on specialized requirements for their distinctive captive use, the BIF said.

Leading industry bodies have praised TRAI’s recommendations for a cut of around 35-40 per cent in the reservation price of 5G spectrum for mobile services, calling it historic and one that may finally put India on the world map. 5G. The telecoms regulator has unveiled a mega auction plan valued at more than Rs 7.5 trillion at the allocated base price over 30 years.

According to Neil Shah, research vice president of Counterpoint Research, this is great news in the world’s second-largest mobile market, where the government has authorized 72 GHz of 5G spectrum with no upfront payment, which is great for businesses and larger businesses.

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