Chairman and Managing Director of Reliance Industries Ltd (RIL), Mukesh Ambani expressed confidence in India’s data-led growth along with ensuring that India will have 100 percent 4G enabled phones by 2020. Ambani speaking at the second edition of the India Mobile Congress on Thursday in New Delhi spoke at length on the positive aspects of the Indian telecom sector strengthened by strong support from artificial intelligence. “India is among the fastest growing large economies in the world. This has happened due to a combination of force-multiplying factors. Most notable among these is the visionary leadership of our Prime Minister Shri Narendra Modiji. During the past five years… he has galvanized India. He has launched a number of transformative initiatives… then in a comparable period anywhere in the world,” said Ambani while referring to Central schemes. The RIL chairman also cited a World Bank report stating that India will have fewer than 3% of its population living under extreme poverty by 2021. “As per a United Nations report as many as 271 million people have been liberated from the prison of poverty in the last decade alone. This is a truly historic achievement and the credit rightly belongs to all our citizens,” he added. Taking a cue from the Startup India scheme, he also has credit for India’s growth to new entrepreneurs. “Those in the telecom, IT and digital space. Never before has India witnessed such an explosion of entrepreneurial spirit. India has moved from the 155th rank in mobile broadband penetration to being the number 1 nation in mobile data consumption in the world… in less than two years. This is the fastest transition anywhere in the world from 2G/3G to 4G,” said Ambani. the past several quarters.
Read all the Latest News , Breaking News , watch Top Videos and Live TV here.
Comments
0 comment