Indian billionaire tycoon Mukesh Ambani, who controls India's biggest wireless carrier Reliance Jio Infocomm, said on Wednesday the country should prioritise the rollout of 5G telecommunications and also ensure devices become affordable.

India, the world's second-biggest telecoms market with more than a billion subscribers, must migrate from 2G to 4G and then to 5G at the earliest, Ambani, the chairman of Reliance Industries and Asia's richest man, said during the Indian Mobile Congress. "At Jio, we are currently focused on 4G and 5G execution, and broadband infrastructure expansion."