India's $1 trillion 'e-Conomy'?
India's $1 trillion 'e-Conomy'?

India's $1 trillion 'e-Conomy'?

Rupa Karki

8 min
Business & Finance
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Description

<p>On Tuesday, Google, Temasek (an investment company) and Bain &amp; Co. (a management consulting company) released a <a href="https://services.google.com/fh/files/blogs/india_economy_report_2023.pdf" rel="noopener">joint report</a> about India’s internet economy or ‘e-Conomy’ as they called it. They believe we’re going to become a $1 trillion ‘internet’ economy by 2030.</p> <p>After all, we have 700 million internet users who spend an average of 6.5 hours online every day. And the kicker? We engage in 65 real-time digital payment transactions per capita per year. This is 2.5 times higher than the global average.</p> <p>So in today’s episode for 8th June 2023, we cherry-pick 3 insights from the 100-page report which we think you’ll find quite interesting.</p> <p> </p>

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