India's Pursuit of USD 35 Trillion Economy by 2047: Airtel's Pioneering Role

Airtel Chairman Sunil Mittal outlined the company's potential in India's aim to become a USD 35 trillion economy by 2047. Emphasizing the significance of 5G, he noted the telecom industry's critical role in India's digital transformation. With substantial investments in digital infrastructure, Airtel is poised to lead in this growth surge.

India's strides towards becoming a USD 35 trillion economy by 2047 present substantial growth opportunities for Airtel, according to Chairman Sunil Mittal.

Mittal emphasized the pivotal role of 5G in accelerating India's digital landscape, asserting Airtel's commitment to leading this evolution alongside policymakers and stakeholders.

The past year saw notable strides in digitalization, bolstered by increased internet penetration and widespread adoption of digital public goods.

Mittal said, 'As India moves towards the ambitious goal of being a USD 35 trillion economy by 2047, your company will have tremendous opportunities for growth and new avenues of business.'

He conveyed confidence in Airtel continuing to innovate in India's digital transformation journey, underpinned by its $50 billion-plus digital infrastructure investment.

India's Digital Public Infrastructure gained international recognition for mass adoption and cost-effectiveness, contributing significantly to the country’s GDP.

Mittal highlighted India's remarkable economic growth of 8.2 percent and robust investment in critical sectors such as manufacturing and logistics.

Describing FY24 as a pivotal year of investments, with 5G services rapidly rolling out, Mittal noted Airtel's successful deployment of 5G on non-standalone network architecture.