India has potential to become $1 trillion digital economy by 2025: Report

The report said India had 560 million internet subscriptions in 2018, up from 238.71 million in 2013, making it the second-largest internet subscriptions market in the world

India can create up to $1 trillion of economic value from the digital economy in 2025, with half of the opportunity originating in new digital ecosystems, a recent study by the Ministry of Electronics and Information Technology and McKinsey & Co has found. 

The report, titled "India's Trillion-Dollar Digital Opportunity" was released in Mumbai by the Minister of Electronics and IT Ravi Shankar Prasad, at the ongoing Nasscom Technology and Leadership Forum. 

The study finds that India is among the top three global economies in terms of number of digital consumers. 

The report said India had 560 million internet subscriptions in 2018, up