India Takes the Lead in Telecom Advancements, Sunil Mittal's Insights

India's ambitious goal of becoming a $ 5 trillion economy by 2027 is within reach, according to Sunil Mittal, the founder and Chairman of Bharti Enterprises. Speaking at a conclave on the nine-year tenure of the Narendra Modi government, Mittal emphasized the importance of decisive leadership in driving business growth. With a government that enjoys a full majority and a globally recognized leader at the helm, India has already witnessed significant economic progress, adding $1.4 trillion to reach $3.5 trillion. Mittal's optimism suggests that the audacious target of $5 trillion, once considered challenging, is now clearly on the horizon.

Mittal, who has personally witnessed the transformation of the past five years, asserts that India is the world's most advanced country in terms of telecommunications. He reflects on his generation's experience of enduring deep and prolonged shortages of telecom infrastructure and connectivity. Today, however, even the deepest and remotest corners of the country have access to smartphones. India has undergone rapid technological shifts, currently leading the world in the rollout of 5G. By March 2024, the entire country is expected to have 5G connectivity, a remarkable feat.

Within a mere eight months of its launch, India has successfully established 200,000 5G base stations. Mittal points out that even in remote areas, people now enjoy mobile phone connectivity, radio access, and Direct-to-Home (DTH) television services. This remarkable progress is a testament to the power of technology, which the government has harnessed to implement reforms and bring about widespread benefits. Mittal takes pride in being part of an industry that serves as a crucial catalyst for economic growth. Telecom services alone contribute 1-1.5% of additional GDP growth for the country.