With government’s digital initiatives, India’s financial ecosystem has undergone a paradigm shift over the last few years. According to recent reports with enablers like deep internet penetration efficient and cheap 4G and 5G services along with government digital initiatives India is set to become a USD 1 trillion digital economy by 2028.
The report says digital payments in India are about to reach an inflection point and are expected to grow in value to USD 10 trillion by 2026.
Growth of the Indian economy is becoming more inclusive through innovations and the government’s thrust on digitization and with a large pool of talents India is expected to propel towards becoming a USD 1 trillion digital economy by 2028.
