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The profile of India's internet user base was predicted to diversify by 2030 with 80% of users accessing vernacular content and with users over 25 years making up 45% of the total subscriber base. [34] There is also a digital gender gap with far more male Internet users in the country compared to female users.
Open Network for Digital Commerce (ONDC) is a public technology initiative launched by the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India to foster decentralized open e-commerce model and is led by a private non-profit Section 8 company.
Digital India was launched by the Prime Minister of India Narendra Modi on 1 July 2015, with an objective of connecting rural areas with high-speed Internet networks and improving digital literacy. [7] [8] [9] The Digital India program aimed to promote inclusive growth in the areas of electronic services, products, manufacturing and job ...
Jan 2021 - Demonstrated live 5G network at Hyderabad, India. [32] Feb 2021 - Announced partnership with Qualcomm to develop Open-RAN based 5G network. [33] July 2021 - Airtel and Intel announce collaboration to accelerate 5G in India. [34] August 2022 - Airtel signed agreement deal with Nokia, Samsung & Ericsson for 5G services. [35]
In the contemporary world economy, India is the largest exporter of IT. The contribution of the IT sector in India's GDP rose from 1.2% in 1998 to 7% in 2019. [45] Exports dominate the Indian IT industry and constitute about 79% of the industry's total revenue. However, the domestic market is also significant, with robust revenue growth. [46]
The Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 is secondary or subordinate legislation that suppresses India's Intermediary Guidelines Rules 2011. [ a ] [ 1 ] [ 2 ] The 2021 rules have stemmed from section 87 of the Information Technology Act, 2000 and are a combination of the draft Intermediaries ...
In 2025, we need to be relentlessly focused on unlocking the benefits of this technology and solve real user problems." Google didn't immediately offer a comment on the CNBC report.
PhonePe is an Indian digital payments and financial services company headquartered in Bengaluru, Karnataka, India. [5] [6] It was founded in December 2015, [7] [2] by Sameer Nigam, Rahul Chari and Burzin Engineer. [8] The PhonePe app, based on the Unified Payments Interface, went live in August 2016. [9] [10]