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Rajaraman urged stakeholders to come together to ensure that the technology stack required for 5G is produced in the country.
India must “strongly promote local companies and try to test various components; we need to set up test pilots and experiment in order to create local champions,” Rajaraman told a roundtable of telecom investors in Mumbai.
The department will act as a matchmaker to ensure those who have ideas and are looking for investments are matched with industry players, following the necessary due diligence, said VL Kantha Rao, additional secretary (T), DoT. Calling on start-up companies and startups to join the coming phase of the telecom industry, Rajaraman also urged stakeholders to share their views on what the government needs to do to bring India to a global presence. in the telecommunications sector.
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“We expect the USOF (Universal Service Obligation Fund) R&D fund to serve as a seed fund to attract more industry investment. C-DOT (Telematics Development Center) has established a collaborative platform where industry investments can be leveraged to create a technology stack that can be used by industry to approach markets,” he said.
During the event, it was highlighted that 5G would allow citizens to get 100 Mbit/s speeds in motion, and that the cumulative economic impact of 5G might reach $1 trillion by 2035 in the country. Rajaraman also invited all players in the telecommunications industry to attend the Indian Mobile Congress in September to demonstrate local technologies and market them to foreign investors, adding that there will also be a technical session on 6G. The government is also seeking to radically reform the existing regulatory framework for the telecommunications industry to encourage investment and advance planning, the telecommunications minister said. Ashwini Vaishnaw said Thursday.
The DoT recently launched a consultation paper seeking input on how to reform the telecommunications legal framework to bring it in line with global developments and changing technologies.
Vaishnaw had also said that the government was working on a mechanism to provide annual R&D support of ₹500 crore to the industry.
