- India,
- 06-Dec-2024 01:00 PM IST
India 5G Growth Story: When Mukesh Ambani launched Reliance Jio in September 2016, he made a prediction that surprised many. He said, "The future will be one where 'Data is the New Oil'." His statement is proving to be completely correct in today's digital age. He meant that just as oil is an important part of the global economy, the importance of data is now increasing for every person, organization and nation. Data, the data that we are giving to big tech companies every day through likes, comments, shares and posts on social media, has become the "new energy" of this digital age.Reliance Jio has given India a new position in the world of 4G and 5G. This company has made India one of the leading countries in the world in 5G technology. By the end of 2024, the infrastructure of 5G has started in India and this country has now also moved towards 6G.Historical jump in India's mobile internet speedToday, India's mobile internet speed has surpassed the whole of Europe. In Ookla's Global Speedtest Index, India is ranked 26th in terms of mobile internet speed, while Britain is ranked 53rd. This figure tells us that India's mobile internet speed has now become better than many European countries. Apart from this, 78 percent of India's population has a mobile connection and 93.61 crore Indians use the Internet. This proves that India has developed very fast in terms of digitalization.It is the wonder of Reliance Jio that India has moved forward in a new direction by surpassing Britain in 5G technology. Since the launch of Jio, the use of internet has become more comfortable and cheaper in India. Also, mobile internet users in India have increased rapidly, which has also increased the number of digital transactions and online services in the country.Reliance Jio's strategy and digital transformation in IndiaThe launch of Reliance Jio was a revolutionary step. The company introduced 4G networks in India while its competitors were still dependent on 3G networks. Reliance Jio not only made 4G internet services affordable, but also attracted customers by offering free data and calling services for 6 months. This strategy increased data usage in India to unprecedented levels. Following Jio's move, other telecom companies also started investing in 4G and 5G networks.As a result, internet prices in India became one of the cheapest in the world. Along with this, dependence on call rates decreased due to telecom companies in the country focusing more on the internet, and the trend of data usage increased.India moving towards 6GWhile the UK and other countries in Europe are working on 5G networks, India is already preparing for 6G technology. During the merger of telecom companies like Vodafone and Three in the UK, it has been stipulated that they will have to invest billions of dollars in 5G technology, whereas India is positioned to move towards 6G after 5G. Reliance Jio and other Indian companies are working in this direction, leading India to become a global leader in the future of digital technology.ConclusionMukesh Ambani's statement "Data is New Oil" has now become a truth. India has taken the digital revolution forward with cheap and fast internet services. Reliance Jio's initiative has not only accelerated the development of 4G and 5G in India, but has also given a new direction to India's digital strength all over the world. India has become a 5G ready country today and it is shaping its digital future by moving towards 6G.