Transformative power of digitisation breaking new ground in India: Mukesh Ambani

Ambani exuded confidence that India has a chance of leading the Fourth Industrial Revolution.

New Delhi: Reliance Industries Limited (RIL) Chairman Mukesh Ambani on Tuesday said that India is the place where the transformative power of digitisation is breaking new ground every day.

Speaking at the 24th MobiCom conference Ambani said, “In just 24 months, India has taken a leadership position from being 155th in wireless broadband technology adoption – and the impact of this unprecedented growth can be seen across all digital domains,” he said in his keynote address.

MobiCom is the world’s leading forum in the domains of mobile computing, networks and algorithms.

Ambani also exuded confidence that India has a chance of not just participating in the Fourth Industrial Revolution, but also leading it. Emphasizing on the force of IoT, he said every single aspect of our lives will undergo a sea transformation within a decade when when nearly 80 billion things worldwide join the network and begin to communicate with each other.

“Early adopters will have the opportunity to leap-frog competition, and create unprecedented societal value,” he added.

Ambani said that after agriculture, the second big digital opportunity is in education in India. “ 58,000 colleges, over 700 universities and 19 lakh schools in India will be digitally connected, with Jio playing a leadership role.”

He furtehr added that Jio is determined to move India to among the top 3 in fixed-line broadband, too.