Mobile operators in India are expected to invest $19.5 billion in the development of infrastructure for 5G by 2025, according to a GSMA report.

5G could benefit the Indian economy by $455 billion between 2023 and 2040, or more than 0.6 percent of the GDP forecast for 2040.

India government has assigned two carriers of 250 MHz each in the E-band to address the current need to support 5G rollouts. GSMA said this may not be enough in the 5G era given the requirement for high-capacity backhaul to support use cases and increased data traffic.

The GSMA report said 5G will be an enabler of enterprise digital transformation processes across manufacturing, energy and utilities, banking, transportation, healthcare, sports and retail in the country.