IMC 2017: Mittal and Ambani in sync to make India a digital society
By MYBRANDBOOK
To address the growth of telecom sector and opportunity in the fourth Industrial revolution, India will witness an investment of Rs.60,000 cr. in this year.
India Mobile congress is absolutely a true event where the real business has happened in the country so far. It is mother of all the event which is successful event in this year to address the growth of digital India. With this collaboration the vision of PM Modi to come success in the country. We can’t deny the fact that the role of the Aruna Sundarajan ,Telecom Secretary to bring the Top two telecom czars together and they really understood the need for cooperation between telcos to fuel India’s march towards a digital, It is absolutely true convergence.
Sundarajan said, Chairman Sunil Mittal, Chairman Bharti Airtel and Mukesh Ambani, Chairman Reliance Industries are considering serious on convergence and sharing of the resources to address the huge opportunity in the country over the data. Ambani said on his speech India is a large enough growth market for more than one player, and that there is lot of room for collaboration, and that it is only through collaborations. Growth of telecom sector will be significant and India has potential to lead 4th industrial revolution. Augmentin Reality to grow, data is the new oil and data is oxygen of this digital economy. The Indian economy will grow nearly three-fold in the next ten to years to become one of the world’s top three economies and will rank among the top three economies in the world Ambani said .
Mittal said that Ambani is his “good friend“ in his speech, and said the telecom industry had the urgent task of empowering 1.3 billion Indians with tools needed to flourish in the digital marketplace.This year India will witness an investment od Rs.60,000 cr. in this year. Airtel will looked forward to collaborate with Jio Infocomm in future, hinting at a possible collaboration Reliance.
Sundarajan said, referring to the spirit of bonhomie between Mittal and Ambani on the opening day of IMC, when both telecom czars underscored the need for cooperation between telcos to fuel India’s march towards a digital economy.
In this context, Secondly, the opportunity in India’s smartphone penetration was a modest 35%, and internet penetration was low too, which suggests “there is huge growth market” out there, Sundarajan added.
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