Billionaire industrialist Kumar Mangalam Birla announced that telecom operator Vodafone Idea (VIL) will make substantial investments in rolling out the 5G network and enhancing 4G coverage in the upcoming quarters. Birla, who chairs the Aditya Birla group and is a major shareholder in VIL, made these statements during the inaugural session of the India Mobile Congress.
Investment Plans
Birla emphasized that Vodafone Idea is gearing up to make significant investments to deploy 5G networks and expand 4G coverage nationwide in the near future. Additionally, the company is committed to realizing the government’s vision of establishing a robust supply chain, particularly in critical and emerging areas such as Open RAN (Radio Access Network).
Empowering Indian Companies
He also highlighted that these efforts will empower innovative Indian companies to develop both hardware and software solutions for global markets. This move is expected to contribute significantly to India’s digital ecosystem and pave the way for unprecedented growth.
Vision for Digital Transformation
Birla expressed optimism about India’s digital transformation, indicating that the country is on the verge of remarkable progress in the digital space.
The commitment of Vodafone Idea to invest in advanced technologies like 5G and expand its 4G footprint reflects a broader industry trend towards enhancing connectivity and digital infrastructure in India.