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Home Investment

Japanese urged to invest in India’s 5G technologies

Fiinews by Fiinews
January 16, 2021
in Investment, Projects, Technology
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Prasad and Ryota virtually signed the MoU on 15 Jan 2021.

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Prasad-Ryota signs MoU

The Japanese electronics industry has been urged to invest in India’s new technologies especially in 5G and 5G-based services, Internet of Things and digital health technologies among others.

The call was made by Minister for Communication, Electronics and Information Technology Ravi Shankar Prasad who virtually signed a Memorandum of Understanding on behalf of India with Japan’s Minister of Internal Affairs and Communications Takeda Ryota.

The timely execution of connecting Andaman & Nicobar Islands with submarine optical fiber cable is a great example of cooperation between India and Japan, he said.

Prasad highlighted that polices like PLI and SPECS have helped attract a large amount of investments to the Indian electronics manufacturing sector despite the challenges posed by COVID-19 pandemic.

The MoU, signed 15 Jan 2021, will see India and Japan work to enhance mutual cooperation in the field of 5G technologies, telecom security, submarine optical fiber cable system to islands of India, spectrum management, smart cities, high altitude platform for broadband in unconnected areas, disaster management and public safety etc.

The work will be carried out by the Department of Telecom and Ministry of Internal Affairs and Communications.

It has been agreed that apart from Ministry level cooperation, the Indian Government organizations such as C-DOT and ITI Limited along with industry partners from Japan will also be part of this cooperation.

Prasad further shared the rapid adoption of innovative digital technologies by India during COVID19 pandemic such as AarogyaSetu app, use of Aadhaar Enabled Payment System for doorstep disbursement of cash by India Post, digital hearings in Courts of India and rapid growth of digital payments. #technologies #IoT #investment #manufacturing #telecommunications /fiinews.com

Tags: Ministry of Communications Electronics and Information Technology
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