India’s Digital Economy to Contribute 20% to GDP by 2030

India’s digital economy will contribute 20% to the national income by 2030, surpassing agriculture and manufacturing. The Ministry of Electronics and Information Technology estimates that digital intermediaries and platforms will drive this growth. Currently, the digital economy stands at 11.74% of the national income and is projected to rise to 13.42% by 2025. The report highlights that the digital economy’s GDP in 2022-23 exceeded ₹31 lakh crore, contributing ₹28.94 lakh crore in Gross Value Added (GVA).

Information and communication services, telecom, and electronics manufacturing are the highest contributors, accounting for 7.83% of GVA. Big Tech players, digital platforms, and intermediaries contribute nearly 2%. The digital economy provides jobs to 14.67 million workers, making up 2.55% of the workforce. In contrast, agriculture employs 263.6 million, or 45.8% of the total workforce, and manufacturing employs 65.6 million, or 11.4%.

With continuous growth and favorable government policies, India’s digital economy will drive significant economic transformation and lead global digital advancements.