- Digitalization in India has been advancing at a rapid pace since 2016, thanks to government initiatives, inexpensive mobile data, and a significant step-up of venture capital and private equity funding.
- In 2016, the government started its flagship “Digital India” initiative to transform the country into a digitally empowered society and knowledge economy.
- As in most other countries around the world, COVID-19 accelerated the adoption of e-commerce and digital services in India in 2020 and 2021.
For further details see:
Is India The Next Internet And Digitalization Frontier?