India's Internet Economy Set To Hit $1 Trillion In 7 Years: Report
According to a report titled 'The e-Conomy of a Billion Connected Indians' published by Google, Temasek and Bain & Company, India’s internet economy is expected to grow six-fold to $1 trillion by 2030 from $175 billion in 2022.
The contribution of the Internet economy to India’s technology sector would expand, from 48% to 62% in 2030.
The report emphasizes that the growth will be spearheaded by the B2C e-commerce segment, followed by B2B, and SaaS providers.
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