Telecom and IT Minister Ashwini Vaishnaw said on Wednesday that India's largest spectrum auction, which would pave the way for high-speed 5G services, is scheduled to complete by the end of July and that the deployment will begin in September. The Cabinet has approved a 5G spectrum auction, which will begin on July 26.
The Cabinet has approved a 5G spectrum auction, which will begin on July 26. By August-September, 5G services are expected to be available. The minister is in Paris for a technology event, where he launched the India pavilion, which is home to 65 Indian businesses.
According to Vaishnaw, Prime Minister Narendra Modi's objective is crystal clear: the country's unicorn count should now rise to 100, and India's position as the world's third-largest startup ecosystem should be further solidified.
"We've seen our startups emerge from tier two and tier three cities." That process must also move forward in a significant way. Startups would have to emerge from smaller regions in the future," he remarked.
Women's participation in the Indian startup narrative is rising, according to the minister, and it has to expand much more.