India expects $100 billion in telecom investments, approves new policy

Wed Sep 26 2018
Lucy Harlow (4126 articles)
India expects $100 billion in telecom investments, approves new policy

NEW DELHI (Reuters) – India expects to attract $ 100 billion in investments in the telecom sector, a union minister said on Wednesday after the cabinet approved a new policy for the sector.

The government is also aiming to introduce the next generation of mobile communications network, or 5G, Telecoms Minister Manoj Sinha told reporters.

The new National Digital Communications Policy will create a robust digital communications infrastructure in the country and add 4 million jobs, the government said.

The policy also envisioned providing high-speed broadband internet to all citizens by 2022.

Lucy Harlow

Lucy Harlow

Lucy Harlow is a senior Correspondent who has been reporting about Equities, Commodities, Currencies, Bonds etc across the globe for last 10 years. She reports from New York and tracks daily movement of various indices across the Globe