Facebook CEO Mark Zuckerberg, during the virtual ‘Partnering for Digital India’ event, discussed 4G and 5G revolution in India with Reliance Industries Ltd (RIL) Chairman Mukesh Ambani on Tuesday. He said Reliance brought 4G revolution in India, and that 5G was now another big focus for the company. “What your company has done here I think, has been truly remarkable in helping to bring hundreds of millions of people onto the internet and bringing opportunity,” said the Facebook CEO.
Zuckerberg said he was curious to see what lies for India next. “What other technologies or developments are you excited about now? And where do you see the country in the next five to ten years?” he asked the RIL Chairman.
Ambani said he really see India accelerating as a premier digital society. “I see us integrating both 5G…and just yesterday, our Prime Minister has said that, he wants every village and every gram panchayat,” Ambani said.
Ambani said India carried out “second-generation reforms” in the last six months. “We have unique opportunities and as Jio we are connecting all the 1.9 million schools in India and the 58 000 colleges,” he told the social media giant CEO.
He said at any point in time in the coming decades, India will have about 200 million children or young adults in the education system. “In a span of 10 years, we can set for ourselves an objective really to reskill India and the talent that you talked about, can improve 10x,” he said.
He said the same can be done in health and all the emerging technology and integrations. “We are working very closely with all the authorities to make sure that we provide the technology tools and backbone for even vaccination in the coming quarters using technology,” he added.
India will grow to be among the top three economies in the world in the next two decades after transforming into a premier digital society. He said India’s young workforce will drive its economy and its per capita income will go up to $5,000 from the current level of $1,800-2,000.
Zuckerberg said India is a “very special and important country” for the company. “Millions of people here use our products every day to stay in touch with friends and family. Whether it’s a WhatsApp message, or a Facebook post, or photos on Instagram,” he said.
The Facebook CEO said the company launched WhatsApp Pay in India in November and that it was possible only because of the UPI system and 140 banks associated with the platform. “India is the first country to do anything like this,” he added.