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5G to make India a global hub for manufacturing, supply chain and R&D
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IANS | 15 Jun, 2022
5G in India will empower 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, industry leaders and experts
said on Wednesday.
Hailing the Union Cabinet's decision
to approve the telecom department's proposal to conduct 5G spectrum by
the end of next month, Broadband India Forum (BIF) said that this will
lead to better efficiencies, productivity and output for the
enterprises, accelerate digitisation, boost capabilities, propel
indigenous manufacturing and eventually garner greater economic gains
for the country.
"As we look to cement India's position as a
global hub for manufacturing, supply chain and R&D, as well as one
of the leading digital economies across the world, the advancement of
enterprises through dedicated captive private 5G networks will help gain
efficiencies in all vital industry verticals," said TV Ramachandran,
BIF President.
Private 5G networks are about the deployment of
high speed, enhanced data capacity, and ultra-low latency applications
inside a closed manufacturing unit, hospital, airport, shipping port,
etc.
The Notice Inviting Applications (NIA) for the spectrum
auction, released on Wednesday, permits all the four methods of
allocating spectrum for Private 5G Networks as recommended by the
Telecom Authority of India (TRAI), including the option of enterprises
obtaining spectrum directly from the Department of Telecommunication
(DoT).
This provides enterprises the much-required right to
develop their private 5G networks based on the specialised requirements
for their distinctive captive use, said the BIF.
Leading industry
bodies have hailed the TRAI recommendations of around 35-40 per cent
cut in the reserve price for 5G spectrum for mobile services, terming it
historic and which can finally put India on the world 5G map.
The
telecom regulator has put forward a mega auction plan valued at over Rs
7.5 trillion at the base price allocated over 30 years.
According
to Neil Shah, Vice President of Research, Counterpoint Research, this
is big news in the second largest mobile market globally where the
government has cleared 72GHz of 5G spectrum with no upfront payment
which is great for smaller companies and enterprises.
"As the
government opens up spectrum beyond telcos which is a bold and welcome
step to empower tech companies, enterprises and ecosystem players to
build Private 5G networks," Shah told IANS.
Factories, university
campuses, cities, transportation, ports can now build their secure,
closed private networks, cloud infrastructure and services and
accelerate their digital transformation journeys, Shah added.
With
the Cabinet approval for 5G auctions, India is one step closer to
realising a 5G-led future, with a strong base of 5G-capable devices
already in place.
"5G is pivotal, not just from a digital
connectivity perspective, but also to give a strong fillip to the
government of India's initiatives in embracing, steering and leveraging
emerging technologies," said Prabhu Ram, Head - Industry Intelligence
Group (IIG), CMR.
In doing so, 5G will foster new innovations for greater societal good.
"5G
will also be a force multiplier for realizing India's vision as well as
plans to become a $1 trillion digital economy by 2025," Ram told IANS.
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