Indian Govt to create Rs 500-cr fund for R&D in 5G

As India aims to become a leader in 5G In India , the government is working on to create a Rs 500-crore fund for development of the technology and it has also created a high-level committee to work on a roadmap for the roll-out of 5G by 2020.

As per officials, India doesn't want to miss the opportunity this time like in case of 2G and 3G, where it lagged behind other countries. For 5G, India wants to become a leader and have its own standards and IPR that will become part of the 5G global standards.

"We want to make sure that standard essential patents, among other things, also have an Indian IPR," Telecom Secretary Aruna Sundararajan told Business Standard

India is looking at 5G technology as a major opportunity in terms of offering services tailored for rural India like telehealth, tele-education and bandwidth-heavy applications that can drive development in these regions. The 5G technology is expected to play a big role in this regard.

"We have created a high-level 5G committee that will work on the vision, mission and goals related to the building of a 5G network. When the world will roll out 5G in 2020, I believe India will be at par with them," Telecom Minister Manoj Sinha said.

According to the government, 5G provides an opportunity to the domestic industry to reach out to global markets and consumers to gain with the economics of scale.

Get more information read full articles:
1: https://renita.quora.com/Govt-to-create-Rs-500-cr-fund-for-R-D-in-5G
2: http://www.business-standard.com/article/economy-policy/india-looking-to-position-itself-as-a-leader-in-5g-technology-117092600735_1.html
3: http://www.rediff.com/business/report/tech-5g-will-be-rolled-out-by-2020/20170927.htm