India’s 5G network is rapidly advancing, with its global mobile broadband speed ranking rising from 118 to 15 as of March 2024, according to the Economic Survey 2023-24. To support this growth, the government will allocate 5% of Universal Services Obligation Fund collections for telecom R&D. India’s teledensity has grown from 75.2% in March 2014 to 85.7% in March 2024, with wireless connections reaching 116.5 crore.
