FDI in telecom sector jumped five times in three years: Manoj Sinha

FDI would be the key to unleash the full potential of upcoming technologies like M2M, machine learning, artificial intelligence and internet of things, he says

Foreign direct investment (FDI) in the telecom sector has jumped nearly five times in the last three years – from $1.3 billion in 2015-16 to $6.2 billion in 2017-18, Communications Minister Manoj Sinha said today.

Although the Minister did not share specific details, he said FDI would be the key to unleash the full potential of upcoming technologies like M2M, machine learning, artificial intelligence and internet of things.

“India lost its chance to get full advantage of the first industrial revolution, but we cannot afford to miss the bus now. India must not only be a pioneer in