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According to the EY-DIPA joint report, as many as 330 million people will be using 5G and sectors like e-commerce, education, healthcare will grow their presence online.
Digital infrastructure sector needs investment of up to $23 billion by 2025, to support growing demand of digital services and rising online traffic
In 2022, the higher amount of funds through the primary market will be largely driven by the mega IPO of state-owned Life Insurance Corp (LIC).
Companies likely to garner Rs 1.5 lakh cr through IPO this new year
With the government promising more reforms, the industry is entering the new year on a buoyant note, keen to see positive outcome on 5G spectrum pricing at the mega auction that is just months away.