Team Blitz India
NEW DELHI: Union minister Rajeev Chandrasekhar on December 7 said that the digital economy will contribute 20 per cent of India’s gross domestic product (GDP) by 2026.
Chandrasekhar was speaking at the inaugural function of Startup Conclave 2023′, organised by the Gujarat Government in Ahmedabad.
“In 2014, the digital economy was around 4.5 per cent of the GDP and today it is 11 per cent. By 2026, digital economy will account for 20 per cent or one-fifth of the Indian GDP,” he said.
According to Chandrasekhar, targets and ambitions set by PM Modi when he launched the Digital India’ programme in 2015 have transformed qualitatively as well as quantitatively our economy, our innovation ecosystem and our position as a nation in the world.
“India’s position has transformed from being the consumer of technology for nearly three decades to being the producer of devices, products and platforms for the world,” he said.