
India to Establish Global Alliance for 6G Technology Development
India Leads in 6G Deployment, Aims to Set Global Standards
India has taken the lead in the deployment of new communications technology, including 6G, according to Telecom Minister Jyotiraditya Scindia. Building on its success with 5G, which was rolled out in 22 months at a capital expenditure of Rs 4.5 lakh, India now has 35% of its market on 5G.
The country's shift from following global trends to leading the way began with 5G, which saw India achieve the fastest rollout globally. This momentum has carried over to 6G, with the establishment of the Bharat 6G Alliance in 2023 under the vision of the Prime Minister. Initially consisting of 15 members, the alliance has grown to 100 members today and has formed partnerships with platforms from 30 countries, including the UK, US, Brazil, and African nations.
The Bharat 6G Alliance has successfully proposed the concept of ubiquitous connectivity for all users globally as part of the 6G standards being set by organizations such as the International Telecommunication Union (ITU) and 3GPP (3rd Generation Partnership Project). This marks a significant milestone for India as it takes a seat at the global table in setting standards for 6G.
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
Investor Takeaway
Investors should consider the potential growth opportunities in the Indian telecom sector as the country aims to lead in 6G technology development.
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