India's internet economy has witnessed a sharp rise in the last 5 years, with the rise in affordable smartphones and data consumption.
Everything that could have gone online, has gone online.
Riding this trend is 'Digital India'. It's an initiative launched by the Government of India in 2015 with a vision to transform the country into a digital society.
The government will do this by improving the online infrastructure currently available and by increasing internet connectivity across the country.
The initiative also includes plans to connect rural areas with high-speed internet networks.
Make no mistake, this is a megatrend happening in front of us. As the Digital India megatrend picks up pace, there will be companies that benefit from it for years to come.
You can also check out Equitymaster's powerful stock screener to find the top digitization stocks in India.
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