India's financial ecosystem booms, to become $1 trillion digital economy by 2028

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Times of India 3h ago

India's financial ecosystem booms, to become $1 trillion digital economy by 2028 - Times of India

Quick Summary:

India is foreseen to achieve a $1 trillion digital economy by 2028, driven by extensive internet penetration, efficient 4G/5G services, government digital initiatives, and increasing smartphone use.

Enhanced financial inclusion and a boom in sectors like e-commerce, education, and healthcare are also contributing significantly.

Advanced digital environments with services ranging from entertainment to online education, tele-medicine and health have capitalized better with mobile and internet services.