India’s Digital Economy

The Indian Council for Research on International Economic Relations (ICRIER) recently published a comprehensive study on India’s digital economy, revealing that it is projected to contribute one-fifth of India’s GDP by 2030. This ambitious forecast underscores the rapid pace at which digitalization is transforming the Indian economy. The study highlights the significant strides made in digital infrastructure, increased internet penetration and the proliferation of digital services across various sectors. The government’s initiatives, such as Digital India, have played a crucial role in this transformation by promoting digital literacy and fostering innovation.