Motilal Oswal report predicts India's digital economy to contribute $900bn by 2030, reaching 20% of GDP.

A report by Motilal Oswal highlights that India's digital economy could contribute an additional $900 billion by 2030, potentially comprising 20% of the nation's GDP. The digital sector is projected to grow four times its current size, outpacing overall GDP growth, which is expected to increase 1.7 times. Key growth drivers include rising smartphone penetration, high-speed internet access, and increased data usage, underscoring India's digital adoption.

October 12, 2024
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