The Indian market is preparing for the launch of 5G services, and the Union Cabinet accepted a proposal to hold a spectrum auction for 5G telecom services on Wednesday. The Union Cabinet, led by Prime Minister Narendra Modi, has also announced a number of innovative choices for the spectrum auction, aimed at making doing business easier. According to official sources, the 5G spectrum auction will take place by the end of July. The country's three major carriers, Vodafone Idea, Bharti Airtel Ltd, and Reliance Industries Ltd's Jio, are expected to participate in the auction. It further indicated that India is on the verge of launching 5G services, which will be 10 times faster than 4G. PM MODI stated in his speech that 5G will generate 450 billion dollars for India in the future years and will strengthen the Indian economy. It will also contribute to the country's prosperity and the creation of job opportunities, he said. PM Modi also hoped
