Money Startups

SoftBank keen to accelerate investments in India: Masayoshi Son

16 Jan, 2016

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.