In fiscal year 2020, internet economy was forecasted grow to 250 billion U.S. dollars from about 125 billion dollars in fiscal year 2017. This phenomenal growth projection was mainly due to the growth rate of e-commerce.
The Indian government's "Digital India" campaign aims to increase the online economy to a trillion dollar economy within 2025.
Value of internet economy across India in FY 2017 and FY 2020
(in billion U.S. dollars)
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India Brand Equity Foundation. (July 26, 2018). Value of internet economy across India in FY 2017 and FY 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved February 20, 2020, from https://www.statista.com/statistics/792053/india-value-of-internet-economy/
India Brand Equity Foundation. "Value of internet economy across India in FY 2017 and FY 2020 (in billion U.S. dollars)." Chart. July 26, 2018. Statista. Accessed February 20, 2020. https://www.statista.com/statistics/792053/india-value-of-internet-economy/
India Brand Equity Foundation. (2018). Value of internet economy across India in FY 2017 and FY 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: February 20, 2020. https://www.statista.com/statistics/792053/india-value-of-internet-economy/
India Brand Equity Foundation. "Value of Internet Economy across India in Fy 2017 and Fy 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 26 Jul 2018, https://www.statista.com/statistics/792053/india-value-of-internet-economy/
India Brand Equity Foundation, Value of internet economy across India in FY 2017 and FY 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/792053/india-value-of-internet-economy/ (last visited February 20, 2020)
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