India has become a very appealing market, not only for Chinese companies, but also for other players all over the world. The Digital India program aims at connecting 600.000 villages from the country to the Internet, focusing on the contribution of top American and Indian companies.
All of these aspects were discussed at the US-India Business Council, taking place at Cambridge, Massachusetts on Friday. Participating there were representatives of Google, AT&T, Mastercard, Facebook, UST Global and iTech. 350 top level US and Indian companies are part of the USIBC and Digital India brings a big investment opportunity for global technology companies and startups from Silicon Valley.
India is set to be on the brink of a digital revolution and a well connected country brings economic and welfare opportunities to citizens. 85% of Indians still can’t access the Internet, so the potential is great. Digital India could bring up the country’s gross domestic product by around $550 billion and even by $1 trillion by 2025.