Leveraging India's Digital Potential is Essential for an Inclusive and Prosperous Future, Says KPMG Report

A recent report emphasises the need for collaboration among policymakers and businesses to harness India's digital potential. This effort is crucial for creating a more inclusive and prosperous future as India aims to become a developed nation by 2047. The report, titled "India's Digital Dividend: A Strategic Roadmap Towards Becoming a Global Digital Leader," was unveiled by KPMG during the World Economic Forum Annual Meeting 2025.

Representative image

The report was launched at a joint panel discussion by the Confederation of Indian Industry (CII) and KPMG in India. Union Minister Jayant Chaudhary, KPMG International Global Chairman Bill Thomas, and India Chairman Yezdi Nagporewalla attended the event. The document explores how India's digital dividend, which includes economic and societal benefits from its vibrant digital landscape, is reshaping the global digital economy.

India's Digital Transformation

India's advancements in digital infrastructure, artificial intelligence (AI), and emerging technologies have significantly enhanced its role on the global stage. The report highlights India's ability to use technology to address critical issues such as sustainable governance, job creation, urban planning, and climate change. It calls for collaboration among stakeholders to maximise India's digital potential for a more inclusive future.

Aligning with the Viksit Bharat 2047 initiative, which aims to transform India into a developed nation by its centenary year, the report outlines essential steps to position India as a global leader in the digital economy. This national vision focuses on sustainable development and technological advancement.

Strategic Investments in Technology

Bill Thomas stated, "The world is grappling with an array of rapid technological shifts, from the rise of AI to evolving regulation. This report highlights the key role India is playing in helping tackle these challenges, leveraging its digital assets to drive growth, foster innovation, and build a more inclusive society." His comments underscore India's significant progress in becoming a digital powerhouse.

Yezdi Nagporewalla noted that India's swift digital transformation is propelling it towards the Viksit Bharat ambition. By investing strategically in frontier technologies like AI and harnessing a skilled workforce, India is setting new benchmarks in the global digital economy. These efforts are crucial for maintaining momentum in technological advancement.

The report underscores India's capacity to leverage technology for addressing critical challenges. It emphasises the importance of collaboration among various stakeholders to fully realise India's digital potential. As India continues its journey towards becoming a developed nation by 2047, strategic investments and partnerships will play a pivotal role in achieving this vision.