India will rank among top 3 economies

Reliance Industries chairman, Mukesh Ambani said that the Indian economy in another 10 years would rank among top three economies of the world. Speaking at the 3-day long India Mobile Congress, Ambani said, "I believe Indian economy will grow to $7 trillion in next 10 years."

Emphasising the importance of digital India, Ambani said, "Data is the new oil and India possesses its abundance." He said that the firms need to provide ubiquitous data to every Indian at an affordable prices. "Data is the oxygen to digital economy", he added.

He said, "4G coverage in India will become larger than 2G coverage in the next 12 months". Highlighting the increased use of data in the country, he said that India has potential to lead fourth industrial revolution as India does not need to import data.

He also mentioned that how India has become the largest telecom market in the world.

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