Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities
ICICI Securities says that India is amongst the fastest growing digital economies in the world. Digital economy growth will be within a range of 4-8% of GDP for India according to various estimates. However, given the trajectory in internet data consumption and proliferation of various digital platforms, this number could have risen significantly.
On a cross-country basis, India is the second fastest growing country based on digital adoption over the recent past although it is still much lower in digital adoption rankings: Reuters