According to media reports, the Centre will spend Rs 500 billion in research and development for the same.
Manoj Sinha, Communications Minister said that India can’t be behind in 5G when many other countries are going on 5G technology. With this forum, India too will be successful in launching 5G by 2020.
The Rs 5 billion will be spent by three ministries — Telecom, Electronics and IT (MeitY), and Science and Technology.
For India, 5G provides an opportunity for the industry to reach out to global markets and consumers to gain with the economies of scale.
Worldwide, countries have launched similar forums and thus India had joined the race in 5G technology.
“We are open to collaboration with them,” the Minister said.
The terms of reference for the forum are to evaluate and approve roadmaps and action plans for 5G in India by 2020.
