AI, Cloud to Drive 13.4% Growth in India's Digital Economy

India has made remarkable progress in the last 11 years in its journey to becoming a digitally empowered society and knowledge economy, according to a release by the Press Information Bureau.

- TBG NETWORK

According to the release, the digital economy, which contributed 11.74 percent to the national income in 2022-23, is projected to grow to 13.42 percent by 2024-25, fueled by advancements in AI, cloud computing, and digital infrastructure.

Over the past 11 years, India has experienced a significant expansion in mobile networks and improved internet connectivity, particularly in rural areas. Total telephone connections increased from 93.3 crores in March 2014 to over 120 crores in April 2025.

Additionally, internet connections saw a remarkable 285.53 percent growth, jumping from 25.15 crores in March 2014 to 96.96 crores in June 2024. Broadband connections also surged by 1452 percent, from 6.1 crores in March 2014 to 94.92 crores in August 2024.