Key Points
New Delhi [India], October 12 (ANI): Indias digital space presents a significant opportunity of additional USD 900 billion by 2030, according to a report by Motilal Oswal...
The report emphasized that the countrys current digital sector of USD 0.3 Tn accounts for about 8 per cent of Indias Gross Domestic Product (GDP)..
However, this figure is expected to quadruple to USD 1.2 trillion by 2030, making up 20 per cent of the nations GDP...
The report provided data showing that smartphone penetration in the country has reached 72.3 per cent, reflecting the growing access to digital tools and services among the population..
Overall, the report paints a promising picture of Indias digital future, with robust growth expected across various sectors of the digital economy, driven by increasing smartphone penetration, expanding internet access, and rising data consumption..
