Indian expects $100 billion in telecom investments, approves new policy

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Reuters NEW DELHI
Last Updated : Sep 26 2018 | 3:45 PM IST

NEW DELHI (Reuters) - The Indian government expects to attract $100 billion in investments in the telecom sector, a federal minister said on Tuesday after the cabinet approved a new policy for the sector.

The government is also aiming to introduce the next generation of mobile communications network, or 5G, Telecoms Minister Ravi Shankar Prasad told reporters.

The new National Digital Communications Policy will create a robust digital communications infrastructure in the country and add 4 million jobs, the government said.

The policy also envisoned providing high-speed broadband internet to all citizens by 2022.

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(Writing by Aditya Kalra; Editing by Sanjeev Miglani)

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First Published: Sep 26 2018 | 3:34 PM IST

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