India’s Digital Sector Valuations will Cross $1 Trillion by 2025

| Published on:

India’s digital sector valuations will cross $1 trillion by 2025, Prime Minister Shri Narendra Modi said on 22 June, 2022 while making his remarks at the opening ceremony of the BRICS Business Forum being hosted by China in a virtual mode.
Shri Modi said, “India supports innovation across every sector including drones, green energy and space. By 2025, India’s digital sector value will cross USD 1 trillion valuations”.

PM Shri Modi even said that India is expecting 7.5 per cent growth this year. “Which makes us the fastest-growing major economy. Transformative changes are taking place in every sector of emerging New India,” he added.

Underlining the role of BRICS countries amid the global focus on post Covid recovery, Prime Minister Shri Narendra Modi said, “BRICS was established with the belief that this group of emerging economies could emerge as engines of global growth. Today, when the world is focusing on post-Covid recovery, the role of BRICS countries will be very important.”

Citing the government’s GatiShakti plan, the PM emphasised that India’s success is based on technology-led growth with innovation and startups. “The government emphasizes on ‘Ease of Living’, building infrastructure with PM GatiShakti, digital transformation and digital economy.”