New Delhi. Industrialist Mukesh Ambani has announced that the country will start 5G service by this Diwali and by December 2023 this service will be available across India. Announced the implementation of 5G technology to deliver new and better services. He said that Reliance is committed to investing Rs 2 lakh crore in the launch of 5G service and 5G service will be rolled out in major cities by Diwali this year. He also said that he is working with Google to develop a very cheap 5G smartphone.

Mukesh Ambani further said that there is severe economic tension in many parts of the world, heightened geopolitical tensions, and uncertainties from global risks. India has emerged as a beacon of growth and stability amid the global crisis. He said that due to rising prices of fuel, food products, and fertilizers, everyone’s life is being affected. He said that the global economy is facing the threat of recession today due to rising inflation and supply-related bottlenecks. Mukesh Ambani said that Reliance will partner with Qualcomm to develop 5G solutions. As part of the succession plan, Mukesh Ambani introduced their daughter Isha as the leader of the retail business of the Reliance Group.