‘Softbank to scale up investment in India to $10 bn’

PTI Updated - December 07, 2021 at 02:35 AM.

Masayoshi Son (left), founder and CEO, Softbank, with Nikesh Arora, President, Softbank, at a conference on start-up businesses in New Delhi on Saturday. - Kamal Narang

Softbank has already invested $2 billion in Indian firms, and it would scale up the investment to $10 billion, CEO Masayoshi Son said today.

India can be bigger in momentum than China in the next 10 years; 21st century belongs to India, he said.

“Every market is different, I truly think this is really the beginning of the Big Bang for India,” the Softbank CEO said.

Mobile Internet is too slow in India; more spectrum allocation is needed for better mobile broadband, he said.

Published on January 16, 2016 06:12