India's Digital Transformation: Opportunities and Challenges in the Digital Economy

Authors

  • Pratik Bansal

DOI:

https://doi.org/10.47941/ijecop.1947

Keywords:

Digital, India, Indian Technology, Challenges, Growth

Abstract

India's digital transformation has emerged as a critical driver of economic growth, innovation, and social development. This paper explores the opportunities and challenges presented by India's digital economy. With the government's Digital India initiative and the rapid adoption of digital technologies, India stands at the forefront of global digital innovation. However, challenges such as digital divide, cybersecurity threats, and regulatory complexities pose significant hurdles to realizing the full potential of India's digital transformation. By analyzing current trends, identifying key opportunities, and addressing challenges, this study aims to provide insights into India's digital economy and its impact on various sectors.

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References

Sai.P, Jeyaashri & Pankajam, Ambigaivelu. (2019). Digital India-A Transformative Technology In Everyday Life.. International Journal of Management and Social Sciences. 8 (2.1). 141-143.

Swargiary, Khritish & Roy, Kavita. (2024). Digital Transformation and Economic Growth in Post-Pandemic India: A Comprehensive Study.

Dr, D.Shobana & Kumar, J.Suresh. (2024). Digitalization in India: Major Challenges, Opportunities and Impact on Economic Growth.

Dutta, Gautam & Kumar, Ravinder & Sindhwani, Rahul & Singh, Rajesh. (2020). Digital transformation priorities of India’s discrete manufacturing SMEs – a conceptual study in perspective of Industry 4.0. Competitiveness Review: An International Business Journal. ahead-of-print. 10.1108/CR-03-2019-0031.

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Published

2024-06-04

How to Cite

Bansal, P. (2024). India’s Digital Transformation: Opportunities and Challenges in the Digital Economy. International Journal of Economic Policy, 4(2), 53–57. https://doi.org/10.47941/ijecop.1947

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Section

Articles