Mumbai, July 15 -- In a major development amid the chorus for an 'Aatmanirbhar Bharat' or self-reliant India, Reliance Industries (RIL) Chairman Mukesh Ambani on Wednesday announced that Reliance Jio has developed a complete 5G solution from scratch.

Speaking at the Annual General Meeting (AGM) of RIL, Ambani said that the "Made-in-India" technology can be deployed and launched in a year's time once spectrum is available.

He added that Jio can easily upgrade its 4G network to 5G , since it is all-IP network architecture.

"Once it is proven in India, Jio Platforms would be well positioned to be an exporter of 5G solutions to other telecom operators globally, as a complete managed service," he said.

The announcement gains significance, as...