India’s ambitious goal of becoming a US$ 35 trillion economy by 2047 presents significant growth opportunities for Airtel, according to Chairman Mr. Sunil Mittal. he highlighted the critical role of 5G in advancing India’s digital landscape, asserting Airtel’s commitment to leading this transformation and collaborating with policymakers and stakeholders to achieve the goal. He noted that India’s progress in digitization has set it apart globally in delivering public services and goods efficiently, underscoring the telecom industry’s growing importance as an economic multiplier.
He expressed confidence in Airtel’s continued leadership in India’s digital transformation, supported by its substantial US$ 50 billion investment in creating a secure and reliable digital infrastructure. This year, India saw substantial growth in digitalization, driven by increased internet penetration and adoption of Digital Public Goods. The country’s Digital Public Infrastructure (DPI) has gained international recognition for its effectiveness and mass adoption. He also pointed out that the digital economy now contributes about 11% of India’s GDP, reflecting a strong commitment from various sectors to achieve a US$ 1 trillion digital economy. The Indian economy grew by 8.2%, maintaining its position as the world’s fastest-growing economy, supported by progressive reforms, robust domestic demand, and strategic infrastructure investments. He described FY24 as a year of accelerated investment, noting that Airtel’s decision to deploy 5G on a non-standalone network architecture has proven beneficial in customer experience and network quality.
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