Indian consumers are willing to pay 50% more for 5G plans, says Ericsson

Nitin Bansal, head of the company in India, says the technology is going to be critical for the country's economy.

Nitin Bansal, Head of Ericsson India and Head of Network Solutions Ericsson South East Asia, Oceania & India, tells Megha Manchanda of Business Standard the importance of 5G and how it will help in funnelling through the country's digital story.

Q:  How is 5G going to contribute to India’s economic growth?

It is a platform for innovation that will accelerate the digitalization of industries and strengthen the foundation for Digital India. The technology is going to be critical for the Indian economy as it has enabled new use cases and digitalization initiatives in markets where 5G has been launched .