5G to add $450 Bn to India’s GDP by 2040: Report
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According to GSMA Intelligence, the research arm of the GSM Association, 5G in India is set to contribute as much as $450 Bn by 2040 to India’s GDP or around 0.6% of India’s total GDP at the time. The report added that manufacturing is set to benefit the most from the new 5G use cases, accounting for 20% of the total benefit. Retail and ICT complete the podium, accounting for 12% and 11% of the total benefit, respectively.