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Digital India plan could boost GDP up to $1 trillion by 2025: McKinsey

16/12/2014 by Sharon Shahzad

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Research firm McKinsey has said that the adoption of key technologies across sectors spurred by the Digital India initiative could help boost India's GDP by $550-billion to $ 1-trillion by 2025. 

The New York-based company sees an opportunity in digital technologies and smart physical systems, and said that government's ambitious Digital India initiative would have significant impact on technology adoption. 

"PM Narendra Modi's ambitious Digital India plan will give priority to technology trends and help the country with 20-30% incremental GDP by 2025," Noshir Kaka, managing director at McKinsey & Company India told reporters. 


"There will be an additional impact of $550 billion to $ 1 trillion on the India economy annually by 2025 with the adoption of significant technologies across financial services, healthcare, agriculture, energy, infrastructure and education sectors." 

This article has been extracted from http://economictimes.indiatimes.com, please click on this link to read the article in full http://economictimes.indiatimes.com/industry/telecom/digital-india-plan-could-boost-gdp-up-to-1-trillion-by-2025-mckinsey/articleshow/45536177.cms

Montash is a multi-award winning global technology recruitment business. Specialising in permanent and contract positions across mid-senior appointments across a wide range of industry sectors and IT functions, including:

ERP, BI & Data, Information Security, IT Architecture & Strategy, Energy Technology, Demand IT and Business Engagement, Digital and E-commerce, Leadership Talent, Infrastructure and Service Delivery, Project and Programme Delivery.

Montash is headquartered in Old Street, London, in the heart of the technology hub. Montash has completed assignments in over 30 countries and has appointed technical professionals from board level to senior and mid management in permanent and contract roles.

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