Sri Balaji University, Pune is proud to be the Academic Partner for one of the largest Digital Technologies Forum in Asia, India Mobile Congress 2022. On 3rd Oct. 2022, Monday I got an opportunity to attend a session on Ease of Doing Business: Perceiving India’s $5 Trillion Vision which aims to discuss the key challenges being faced by telcos currently and how government can incentivize companies to streamline infrastructure deployment and reduce regulatory burden etc. that helps spur growth, support large-scale Capex investments in 5G networks, boost the proliferation of 4G and improve the financial health of companies. The industry experts for the same were Mr. Akhilesh Kumar (DPIIT), Ms. Anjali Hans (Vi), Mr Mahipal Singh (Reliance Jio), Mr. Tarun Chitakara (Bharti Airtel). Mobile industry is expected to play a ‘vital’ role in India’s vision to be a $5-trillion economy by 2025 of which $1 trillion will be the sole contribution from the digital economy segment, and the current smooth auction process was a step in that direction.
According to Mr Subhrakant Panda, Senior Vice President, FICCI, “The ease, speed and transparency of the 5G spectrum auction process is a live example of much-improved ‘Ease of Doing Business’, thanks to attention from the highest levels of Government on bringing about real change.” Government is working on the new ‘Industrial Policy’ to accommodate ground realities into development and easily explain new dynamics and economics to the industry. “Our target is to push India into $5 Trillion ‘Economy Club’. For this every sector of the economy has to upscale. AI & IT have become vitals of our manufacturing ecosystem and Government is working on the new ‘Industrial Policy’ to accommodate realities into development.” – Prime Minister Shri Narendra Modi
Prachi Rajesh Kumar Agarwal