India is a leading country that embraced technology quickly and began providing answers to the rest of the globe. In his remarks at the G20 Digital Innovation Alliance Summit on Thursday, Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar predicted that by 2026, the digital economy will account for more than 20% of the nation’s GDP.

From 4-4.5% of the entire GDP in 2014 to 11% of the total GDP now, the digital economy has grown significantly. And the Indian economy anticipates that by 2026, the digital economy would have contributed more than 20% of our GDP. In the past few years, India utilized technology to provide practical answers that have improved people’s lives, government, and democracy in the country rather than merely for innovation in the broadest sense.

Because of the speed at which digitalization is occurring, the Indian economy is now considering every citizen and customer who uses digital goods or services, whether it be Instagram videos, the Digital Public Infrastructure that links them to the government and governance, or cloud computing, as well as all of the upstream and downstream effects that are brought about by this area and trend of digitalization.

The “Center of Gravity of Tech,” which was formerly concentrated in a small number of nations and revolved around a small number of organizations and businesses, is shifting to open-source platforms and younger and younger startups that are upending the status quo.

The larger trend of growing digitalization is being tapped into by these tendencies.

In many respects, our Prime Minister Modi Ji encouraged young Indians, saying that “The India Techade” will be constructed, architected, developed, and innovated by young businesses across the nation and around the world.