Get App
Download App Scanner
Scan to Download
Advertisement

India's Digital Economy To Make Up 20% Of GDP By 2030

Speaking at the Nasscom Global Confluence 2026, Ministry of Electronics and IT (MeitY) Secretary S Krishnan said the digital economy—encompassing the information technology, IT-enabled services, and the electronics sector—currently contributes about 13% to India's GDP.

India's Digital Economy To Make Up 20% Of GDP By 2030
Additionally, over 10,000 datasets and homegrown AI models have been made available.
Photo Source: Freepik
  • India's digital economy is expected to reach 20% of GDP by 2030, says official
  • Digital economy currently contributes about 13% to India's GDP
  • AI adoption across sectors is accelerating digital economy growth
Did our AI summary help?
Let us know.

India's digital economy is projected to account for nearly 20% of the country's Gross Domestic Product (GDP) by 2030, driven by a growth rate that is double that of the broader economy, a senior government official said on Tuesday.

Speaking at the Nasscom Global Confluence 2026, Ministry of Electronics and IT (MeitY) Secretary S Krishnan said the digital economy—encompassing the information technology, IT-enabled services, and the electronics sector—currently contributes about 13% to India's GDP.

This upward trajectory, he noted, will be further accelerated by the increased adoption of Artificial Intelligence (AI) across sectors.

"Currently at about 13% of India's GDP, we are going twice as fast as the rest of the economy. We'll end up being almost about 20% of India's GDP by 2030," Krishnan said.

Highlighting India's expanding global technology footprint, the Secretary pointed out that the country has signed Memoranda of Understanding (MoUs) with over 53 nations to support the worldwide expansion of its successful Digital Public Infrastructure (DPI) model. These agreements span countries across the Global South, as well as several nations in Europe and Russia.

Krishnan said India has created a model for applying AI research to DPIs to foster scalable and affordable options for the world. Under the India AI Mission, AI compute infrastructure is now being provided to domestic innovators, entrepreneurs, and researchers at one-third of prevailing market prices.

Additionally, over 10,000 datasets and homegrown AI models have been made available. He expressed confidence that India's software services exports, currently hovering around $250 billion, will not decline but will undergo a structural shift.

ALSO READ: India Second Most Targeted Country In Global Cyber Scams After US, Meta Report Warns

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source