{"id":"f-80ae245e0c-69fae25b-4bba-52ff-848f-ee4d2630255a","title":"Indias digital economy to account for 20% of GDP by 2030: MeitY Secy","description":"","timestamp":1773758132,"category":"business","headline":"Indias digital economy to account for 20% of GDP by 2030: MeitY Secy","modifiedHeadline":"Digital economy to hit 20% of India’s GDP","subCategories":["scid_edbc7f13"],"subcategoriesName":["Economy"],"region":"IN","bundleMetaData":{"bundleId":"7b48871c-c993-4956-b43d-6f46f8e1b036","bundleTitle":"Today In India","cardData":null},"iabCategoryId":"80","iabCategoryName":"Economy","fcSummary":"india’s digital economy is expected to reach nearly 20% of its gdp by 2030, growing twice as fast as the overall economy. this growth will be fueled by increased ai adoption and expansion of digital public infrastructure, with india partnering with over 53 nations. the india ai mission supports domestic innovation, offering affordable compute and ai models. software exports are projected to shift structurally, remaining substantial.","summary":"India’s digital economy will reach nearly 20% of GDP by 2030, growing twice as fast. It currently contributes 13% to India’s GDP, boosted by AI.","ctaUrl":"https://trends.glance.com/newz/news/IN/en/news18/f-80ae245e0c-69fae25b-4bba-52ff-848f-ee4d2630255a","sourceUrl":"https://www.news18.com/agency-feeds/indias-digital-economy-to-account-for-20-of-gdp-by-2030-meity-secy-9982596.html","bannerImage":"https://g-mob.glance-cdn.com/public/fc/image/kgnTAoGN8DW0.webp","content":"

New Delhi, Mar 17 (PTI) India’s digital economy is projected to account for nearly 20 per cent of the country’s Gross Domestic Product (GDP) by 2030, driven by a growth rate that is double that of the broader

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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 per cent to India’s GDP.

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

“Currently at about 13 per cent of India’s GDP, we are going twice as fast as the rest of the economy. We’ll end up being almost about 20 per cent of India’s GDP by 2030,” Krishnan said.

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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.

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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 USD 250 billion, will not decline but will undergo a structural shift. PTI ANK ANK MR

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Indias digital economy to account for 20% of GDP by 2030: MeitY Secy

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