Digital economy of India projected to grow by 13.4%

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

- TDG NETWORK NEW DELHI

According to the release, the digital economy, which contributed 11.74 per cent to the national income in 2022-23, is projected to grow to 13.42 per cent 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.