Nirmala Sitharaman, India''s finance minister, said the 5G technology is completely indigenous, one that is not imported from anywhere else, and is the country''s own product. "The story is still to reach the public. The 5G which we have launched in our country is completely indigenous, standalone. There may be some critical parts coming from countries like Korea, but certainly not from somebody else," Sitharaman said at the John Hopkins University event in Washington.
India has agreed to provide 5G technology to other nations who want it. "Our 5G is not imported from another country, and it is our own product. "This spread is very slow."
Sitharaman said that the private companies that developed this product would be able to benefit by 2024. "On 5G we are very proud of India''s achievements."
Prime Minister Narendra Modi was able to provide 5G services this month.
On this historic occasion, industry leaders expressed their views. Each case was demonstrated in front of Prime Minister Rahm to demonstrate the potential of 5G technology in India.
The Prime Minister said at the gathering that the summit might be global, but that its implications and directions are local.
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"Today, 130 crore Indians are receiving a wonderful gift in the form of 5G from the country and from the telecom industry of the country. 5G is a knock on the doors of a new frontier in the country. "5G is the beginning of an infinite sky of opportunities. I congratulate every Indian for this," he added.
He noted that in this event and the advancement of technology, rural areas and workers are equal partners.
India was dependent on other countries for 2G, 3G, and 4G technologies, according to the Prime Minister. However, India has had a different history with 5G.