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DGIN - India's Digital Transformation Powered By 5G
VanEck Digital India ETF
Summary
India’s economy has been surprisingly resilient to external shocks posed by Russia’s war on Ukraine and interest rate tightening by the U.S. Federal Reserve, despite higher energy prices and a stronger U.S. dollar.
A 5G rollout could be a technological and social game changer in India.
The 5G rollout across India could provide further support to the country’s healthy startup ecosystem and digital apps providing consumer-focused solutions.