January 23, 2025 12:27 PM

India’s digital economy set to drive one-fifth of GDP by 2030: MeitY report

India’s digital economy is projected to grow nearly twice as fast as the overall economy, contributing close to one-fifth of the country’s national income by 2030, according to a report from the Ministry of Electronics and Information Technology (MeitY). The report, titled Estimation and Measurement of India’s Digital Economy, reveals that the digital sector accounted for 11.74% of national income, amounting to ₹31.64 lakh crore (approximately USD 402 billion) in GDP, in 2022-23. The r...