According to a joint research report released on June 6 by Google, Temasek, and Bain and Company, India's digital economy is expected to surge more than fivefold to $1 trillion by 2030, led by a growing appetite for digital products and services — especially in its smaller cities.
Titled India e-Conomy Report, the research states that India is in its ‘Digital Decade’ and its internet economy will grow to 12-13% of its GDP by the end of the decade from the current 4-5%. A phenomenal rise in online activities for day-to-day life has put India well ahead of some of the world’s largest economies.
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