India’s internet economy expected to touch $250 billion

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India’s internet economy is set to touch USD 250 billion, driven by strong addition in online users and explosive growth in data consumption, a BCG-TiE report today said. India’s internet economy is expected to grow from USD 100-130 billion (about 5 percent of GDP) to USD 215-265 billion (7.5 percent) by 2020 with e-commerce and financial services projected to lead this growth, the report titled ‘The USD 250 Billion Digital Volcano: Dormant No More’ said.

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