According to India's Trillion-Dollar Digital Opportunity Report, released by MeitY, India can create up to $1 trn digital economy by 2025, with half of the opportunity in new digital ecosystems that can spring up in diverse sectors of economy.

The five-fold increase represents opportunity for global and local businesses, start-ups, and innovators to invest in emerging technologies (like AI, blockchain, or drones) customized to India’s needs.

Currently, India’s digital economy generates about $200 bn annually largely from IT and business process management (IT-BPM), digital communication services, e-commerce, domestic e-manufacturing, digital payments, and direct subsidy transfers.

Post the launch of Digital India, India has become second-largest internet subscriptions market in the world with 560 mn subscriptions, up from 238.71 mn in 2013.

It also has second-largest number of instant messaging service users worldwide, behind China, and most social media users, and Aadhaar, the largest system of its type globally, covering more than 1.2 bn people.

For more: https://meity.gov.in/writereaddata/files/india_trillion-dollar_digital_opportunity.pdf