India’s digital space has opportunities to add USD 900 bn by 2030

India's digital space presents a significant opportunity of additional USD 900 billion by 2030, according to a report by Motilal Oswal.

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The report emphasized that the country's current digital sector of USD 0.3 Tn accounts for about 8 per cent of India's Gross Domestic Product (GDP). However, this figure is expected to quadruple to USD 1.2 trillion by 2030, making up 20 per cent of the nation's GDP.

The report also projected that while India's overall GDP will grow by 1.7 times by 2030, the digital sector will expand at a much faster rate, growing four times its current size. This rapid growth highlights the increasing importance of the digital economy to the nation's overall economic structure.