Ericsson, a global leader in telecom equipment and services, is eyeing expansion in India as the country’s demand for advanced technology outpaces other markets. The company’s CEO, Börje Ekholm, said that India is ahead of the world in 5G rollout and has a huge potential for digitalization and innovation. He also hinted that Ericsson may create more job opportunities in India as it invests in AI solutions and network optimization.
Ericsson faces revenue dip in India but remains optimistic
Ericsson reported a 40% decline in its revenues in India in the fourth quarter of 2023, compared to the same period in 2022. The company attributed this to the volatility in the sales of telecom equipment as two of its major customers, Airtel and Jio, deployed 5G technology in the country. Ericsson had installed 100,000 Massive MIMO 5G radios for Airtel, covering 65 million users in 12 circles.
However, Ericsson’s CEO, Börje Ekholm, said that he is not worried about the revenue dip, as he expects the demand for telecom equipment to bounce back in 2024. He said that India is a key market for Ericsson, as it has a high demand for advanced technology compared to other countries. He said that India is a technology-driven economy, which requires cutting-edge solutions to handle the increasing data traffic and ensure energy efficiency.
Ericsson bets on AI and network optimization for India
Ekholm said that Ericsson is focused on delivering AI solutions that are embedded in its products, as well as using GenAI for its internal operations and product improvement. He said that Ericsson has developed Explainable AI, a unique solution for telecom operators, to enhance their network architecture and performance. He said that Explainable AI provides transparency and accountability for the AI decisions, which is crucial for the telecom industry.
Ericsson also launched several solutions for improving the efficiency and quality of its network services in India. These include:
- Ericsson Network Services Platform, which enables operators to automate and optimize their network operations and service delivery.
- Ericsson Cloud RAN, which allows operators to deploy cloud-based and programmable networks, with lower latency and higher capacity.
- Ericsson Spectrum Sharing, which enables operators to dynamically share spectrum between 4G and 5G, without requiring hardware changes.
Ericsson expects to grow and create jobs in India
Ekholm said that Ericsson is confident that it can grow and create value in India, as it leverages its first-mover advantage and scale in the market. He said that Ericsson has a long-term vision of feeding 8 million pets by 2027 and generating $1.25 billion in net sales along the way.
He also said that Ericsson’s expansion in India will create more job opportunities for skilled professionals in the fields of artificial intelligence, network optimization, and telecommunications. He said that Ericsson will contribute to India’s AI ecosystem by providing AI solutions and Explainable AI for telecom operators. He said that Ericsson will need talented individuals to design, implement, maintain, and improve these solutions, as well as to support its customers and partners.
![gain Rise in Gold Rate in India After Falling Rs 21,200/24K; Will Gold Price Today Jump or Drop on 28 March? By Harshika Yadav Published: Saturday, March 28, 2026, 6:55 [IST] preference Add as a preferred source on Google Gold rates in India witnessed a modest recovery on March 27, 2026, after a sharp fall in the previous session, indicating a cautious stabilisation in the bullion market. The yellow metal had dropped by Rs 212 per gram (or Rs 21,200 per 100 grams) of 24 Karat (24K) earlier, but managed to regain some ground. Gold Price Updates as US-Iran Tensions Ease; Pakistan, Turkiye & Egypt Step Up Mediation Efforts The rise in yellow metal follows easing geopolitical concerns after US President Donald Trump signalled a delay in potential military action against Iran's energy infrastructure by 10 days, pushing the deadline to April 6. This development, along with ongoing diplomatic efforts, has helped support safe-haven demand. gold Rate Today Further adding to market sentiment, Pakistan's Foreign Minister Ishaq Dar confirmed that Islamabad is acting as an intermediary between the United States and Iran, relaying messages as part of efforts to de-escalate tensions. Countries like Türkiye and Egypt are also reportedly supporting the mediation process, offering some relief to global financial markets. Gold Rate in India: Check Latest 22K, 24K & 18K Gold Prices Per Gram 24 Karat Gold Rate Today in India In the 24 Karat segment, at the time of writing, the rate for 1 gram stood at Rs 14,471, rising by Rs 16 from Rs 14,455. For 8 grams, the price increased to Rs 1,15,768, up by Rs 128. The rate for 10 grams climbed to Rs 1,44,710, reflecting a gain of Rs 160, while 100 grams of 24 Karat gold were priced at Rs 14,47,100, marking an increase of Rs 1,600. 22 Karat Gold Rate Today in India The price of one gram of 22K stood at Rs 13,265, gaining Rs 15 from the previous session. For 8 grams, the rate rose to Rs 1,06,120, registering an increase of Rs 120. The cost of 10 grams advanced to Rs 1,32,650, up by Rs 150, while 100 grams were priced at Rs 13,26,500, reflecting a gain of Rs 1,500. 18 Karat Gold Rate Today in India The rate for one gram of 18K stood at Rs 10,853, up by Rs 12. For 8 grams, the price moved up to Rs 86,824, marking a gain of Rs 96. The rate for 10 grams climbed to Rs 1,08,530, increasing by Rs 120, while 100 grams were valued at Rs 10,85,300, reflecting an uptick of Rs 1,200. Latest MCX Gold Price In the domestic futures market, gold on the Multi Commodity Exchange (MCX) held firm above the Rs 1,44,500 level as per latest trading record, supported largely by the weakness in the Indian rupee, which continues to cushion local prices despite global volatility. Latest Spot Gold Rate The rebound in domestic gold rates comes alongside a recovery in international markets, where gold moved above the $4,400 per ounce mark. What Lies Ahead for Gold Prices? Check Gold Rate Prediction Jateen Trivedi, VP - Research Analyst (Commodity and Currency), LKP Securities, said, "Gold remained slightly positive, trading above $4,425 with highs near $4,475, supported by initial optimism around US-Iran talks. However, the sharp rise in crude continues to signal underlying market stress and inflation risks." From a technical perspective, he explained, "Technically, support is seen near Rs 1,42,000, while resistance is placed around Rs 1,46,500. Overall, gold is expected to remain volatile with limited upside unless clarity emerges on inflation and geopolitics."](https://keralanews247.com/wp-content/uploads/2026/03/rupee-and-dollar-scaled-120x86.png)
