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    India needs to pick either West or China for 5G tech: Kotak

    Synopsis

    Kotak Mahidra Bank managing director Uday Kotak said in the Two System Technology world of 5G, India will have to think hard if it wants to align with the western technology system wherein we also have our political alignment or the Chinese technology system, which will be good for our economy.

    PUNE: External affairs minister S Jaishankar said any debate about international trade has never been politically neutral, even less so now, while giving his inaugural speech at the Asia Economic Dialogue in a video message. While, Kotak Mahidra Bank managing director Uday Kotak said in the Two System Technology world of 5G, India will have to think hard if it wants to align with the western technology system wherein we also have our political alignment or the Chinese technology system, which will be good for our economy due to its speed, price and other advantages.

    “Pulls and pressures of the international system are today most evident in the trade domain this very centrality underlines the extent of polarisation in what is largely perceived as inter-dependent existentce till recently. Linkages to non-trade issues has complicated the scenario,” said Jaishankar.

    Uday Kotak said, “We now have a ‘ Two System Technology’ world; the western system and the Chinese system. In next couple of years most countries will have to make a choice between system of 5G and go down that path.”

    3 Comments on this Story

    Bharath 33 days ago
    It is a tragedy that a country which wants to compete with China has to select between the Chinese and the Wester techno...!!! Indians are in such a pathetic condition ...They should first thing whether they can provide 5 Kg first (Rice to everybody) and then think of 5G !
    Vinod Vashisht71 days ago
    India should prefer west,
    tell west to provide prices at competitive priced with China,may be slightly higher than china,favour the west,this is in our national interest ad a whole
    Ravie Gupta168 days ago
    India should ask west to provide 5G services at competitive prices with dragons, else forget it.
    The Economic Times