What is the impact of technology on India's GDP and by what percentage is it expected to contribute in the next 5 years
Explore the correlation between technology and India's GDP.
- Technology has led to the growth of several industries in India, including e-commerce, IT services, and digital payments.
- It has made it easier for businesses to reach a wider audience, increasing their revenue and contributing to the GDP.
- Automation and digitalization of processes have helped reduce costs, improve efficiency, and increase productivity, boosting the GDP.
- Increased access to technology has resulted in the growth of startup companies, creating jobs and driving innovation.
- According to a report by the World Economic Forum, technological advancements are expected to contribute to 60% of India's GDP by 2025.
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a year ago