According to the SIDE 2026 Report (State of India's Digital Economy), India emerged as the world's 5th most digitalised economy. The report highlighted India's rapid progress in digital payments (UPI), broadband penetration, digital governance, and e-commerce growth. India's digital economy is expected to reach USD 1 trillion by 2030. The report also noted India's leadership in real-time digital payment transactions globally.
Economy
India Emerges as World's 5th Most Digitalised Economy: SIDE 2026 Report
Key Points
- According to the SIDE 2026 Report (State of India's Digital Economy), India emerged as the world's 5th most digitalised economy
- The report highlighted India's rapid progress in digital payments (UPI), broadband penetration, digital governance, and e-commerce growth
- India's digital economy is expected to reach USD 1 trillion by 2030
- The report also noted India's leadership in real-time digital payment transactions globally
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• India: 5th most digitalised economy globally (SIDE 2026 Report) • UPI: handles over 50% of global real-time digital payment transactions • Digital economy target: USD 1 trillion by 2030
