The Digital India programme
India can create up to $1 trillion of economic
value from the digital economy in 2025, with
half of the opportunity originating in new digital
ecosystems that can spring up in diverse sectors
of the economy. Currently, India’s digital economy
generates about $200 billion of economic value
annually — 8 percent of India’s GVA in 2017–18 —
largely from existing digital ecosystem comprising
of information technology and business process
management (IT-BPM), digital communication
services (including telecom), e-commerce, domestic
electronics manufacturing, digital payments, and
direct subsidy transfers.
9
By 2025, India could create
a digital economy of $800 billion to $1 trillion (or
value equivalent to 18 to 23 percent of the country’s
nominal GDP). The existing digital ecosystem
could contribute up to $500 billion of economic
value, but the potential economic value for India
could be as much as double that amount — almost
$1 trillion— if digital technologies are used to unlock
productivity, savings, and efficiency across more
diverse sectors such as agriculture, education,
energy, financial services, government services,
healthcare, logistics, manufacturing, trade, and
transportation.
10 The potential five-fold increase in
economic value from India’s digital transformation
by 2025 would create a rapidly growing market for
a host of digital services, platforms, applications,
content, and solutions. This represents an attractive
opportunity for global and local businesses, startups,
and platform-based innovators who will be investing
in emerging technologies (for example, artificial
intelligence, blockchain, drones, and robotics)
customised to India’s needs
