Digitalization has been an integral part in the growth of Indian Economy- Siddharth Mehta, Bay Capital Founder

India is currently one of the most technologically advanced nations in the world, says Siddharth Mehta of Bay Capital, having digitized practically every facet of Indian life, including hospitality, healthcare, banking, and tourism, he added.

We see a digitized economy where the internet, mobile devices, and other digital technologies have a favorable influence on economic patterns of trade, production, and consumption. Thanks to India's digital economy, business operations, citizen-government interactions, and other little and large economic elements are carried out appropriately. 

The digitalization of India Economic advancements in India have ushered in a modern and futuristic period with a number of advantages. Greatest global consumer base for digital products. On the verge elaborating the support of Indian Government to digitalization and upgrading Indian economy, SiddharthMehta of Bay Capital says, the government's digital strategy for digitizing the Indian economy has widened the digital divide and brought technology to even the most remote regions of the nation by bridging the gaps between rural, urban, and developing areas.

Between 2013 and 2018, the new "Digital Economy" saw a surge in technology adoption rates. Over the course of this timeline, the nation saw 122 billion online registrations for Aadhaar cards, 870 million Aadhaar-linked bank accounts, and about 98 million daily e-government transactions.

India has developed into one of the top nations for digitized payment systems, which make financial transactions easy for individuals.

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