“Internet Data is the new oil, and India has ample of it”, says Mukesh Ambani – ZMR Blog
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“Internet Data is the new oil, and India has ample of it”, says Mukesh Ambani

“Internet Data is the new oil, and India has ample of it”, says Mukesh Ambani

Reliance Industries Ltd. Chairman Mukesh Ambani while addressing the three-day Mobile World Congress organized at Pragati Maidan, Delhi, said that India will lead the fourth industrial revolution. Ambani kept three roadmaps in front of the government and industry for the same and said it is very important to move forward. He said that first of all, innovative ideas need to be explored and engraved. Both the government and the industry have to do this work at a fast pace.

He said that the youth must be confident so that they can change the country from their perspective and ideologies. Ambani said that a lot of work can be done in the field of artificial intelligence, robotics, 3D technology, which will not only prove to be a big tool of employment but also determine the direction and status of the country. The second important topic is the digital technology, while on the other hand there is a lot of work to be done in areas such as energy security, water security.

He advocated democratization of economic life and said everything in the country has to be associated with each person. The third important goal that Ambani has set for the government and industry is the digitization of education. He said that telecom and information technology will have to connect with small to large institutions.

mukesh ambani

RIL chairman affirmed that we were left behind during the first three industrial revolutions but will be the leaders of the next industrial revolution. He said. “India ranks at first place in terms of Internet”. According to Ambani, in the last six months in the country, the spread of 4G Internet network has grown drastically, even more than the 2G network. Ambani said that if we provide the right tools to the youth of the country, then they can move up with millions of startups in the country.

Reliance Industries Ltd. Chairman Mukesh Ambani also said that Internet data is going to be the economy’s oil. He said that India is going to be the third largest economy soon and Internet will be a major contributor to the economy. In any situation, we would have to provide cheap data and phone to the population of 1 Crore 30 Lakh.

Ambani said, “We cannot keep 1.30 Crore people away from data.” Considerably, the completion of the Mobile World Congress will be on September 29.

At the end, he also stated that India offers a huge prospect for all of us to prosper and grow mutually.

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