India’s digital economy is growing 2.8x of GDP: Rajeev Chandrasekhar

India’s digital economy is growing at a rate of almost three times the overall GDP growth and will constitute one-fifth of the total economic activity by 2027, said Union Minister Rajeev Chandrasekhar on Monday.

Speaking at an event in New Delhi, the Minister of State for Electronics and IT said, “The digital economy in India today is growing at 2.8x the regular GDP. It was 4.5 per cent of GDP in 2014, it is 12 per cent of GDP today, and it will be a fifth of the GDP by 2026-27.”