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Mobile industry vital for India to be $5 trn economy by 2025: K M Birla

The mobile industry will play a "vital" role in India's vision to be a $5 trillion economy by 2025, of which $1 trillion will be the contribution from digital economy, Aditya Birla Group Chairman said

Topics
Telecom industry | Digital economy | Indian Economy

Press Trust of India  |  New Delhi 

K M Birla Chairman, UltraTech Cement

The mobile industry will play a "vital" role in India's vision to be a USD 5 trillion economy by 2025, of which USD 1 trillion will be the contribution from the digital economy, Aditya Birla Group Chairman Kumar Mangalam Birla said on Wednesday.

Speaking at India Mobile Congress event, Birla asserted that a robust industry is necessary to invest and accelerate the achievement of Digital India vision.

The government has taken critical policy interventions over last few months, he noted and added that further steps in ease of doing business and support from the banking sector will "significantly enhance" the sector's strength and ensure that India remains at the cutting edge of global technology trends.

"Going forward, I believe that the mobile industry will be vital in achieving India's vision to be a USD 5 trillion economy by 2025, of which USD 1 trillion will be the contribution from the digital economy," Birla said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Wed, December 08 2021. 13:38 IST
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