Digital transformation fueling India’s economic growth and inclusion

India’s demographic dividend is a unique asset, with over 65% of its population between 15-64 years, set to enter the workforce by 2030. | Photo: Shutterstock In 2025, India is projected to become the fourth largest economy by GDP. Amid global challenges, India’s economy remains resilient, presenting an opportunity to redefine its global role and establish new standards for economic leadership. India’s dramatic digital transformation has empowered millions through a digital infrastructure [India Stack], democratising data, identity, and payments. This revolution underpins economic growth, but momentum needs to be accelerated to achieve the $30 trillion ‘Viksit Bharat’ vision by 2047. A sharp focus on key drivers will fuel India’s rise to global economic leadership. Harnessing the demographic dividend India’s demographic dividend is a unique asset, with over 65 per cent of its population between 15-64 years, set to enter the workforce by 2030. To achieve the 2047 Viksit Bharat target, “skilling” has been identified as a key growth driver for sustainable development. In addition to several government initiatives like the Skill India Mission, Visa believes that public-private partnerships in skill development can accelerate growth in labour-intensive sectors like tourism. An example of this is our partnership with NSDC’s Tourism […]

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