Ministry of Electronics and IT (MeitY) Secretary S Krishnan has said that the digital economy in India is likely to account for around 20 per cent of country's Gross Domestic Product (GDP) by 2030. driven by a growth rate that is double that of the broader economy. Krishnan stated that digital economy, comprising information technology (IT), IT-enabled services, and electronics sector, currently contributes about 13 per cent to the India's GDP.

He noted this upward trajectory will be further accelerated by the increased adoption of Artificial Intelligence (AI) across sectors. Highlighting India's expanding global technology footprint, he stated that the country has signed Memorandum of Understandings (MoUs) with over 53 nations to facilitate the worldwide expansion of its successful Digital Public Infrastructure (DPI) model. These agreements span countries across the Global South, as well as several nations in Europe and Russia.

He said India has created a model for applying AI research into DPIs to create affordable and scalable solutions for the world. Under the India AI Mission, AI compute infrastructure is now being provided to domestic innovators, entrepreneurs, and researchers at one-third of prevailing market prices. Additionally, more than 10,000 datasets and homegrown AI models have been made available. He asserted that India’s software services exports, currently hovering around $250 billion, will not shrink but will undergo a structural shift.