Finnish vendor Nokia said it expected investments in 5G private networks in India to reach around $240-250 million by 2027, local press reported Nokia India’s chief marketing officer, Amit Marwah, as saying.
“We have had a leadership position in private networks across the world and we have more than 500 deployments globally. This business is growing very fast and we see the same kind of trend in India too,” Marwah said.
The executive noted that the first private networks in India are expected to be deployed in the next couple of quarters, mostly in the segments of transportation, manufacturing, healthcare and utilities.