According to a latest study, India’s Internet economy is growing at the rate of 23 percent, making it the second fastest growing economy across the G-20 group(which is a group of finance ministers and central bank governors from 20 major economies of the world). 

Sources informed that the Indian Internet economy contributed Rs. 3.2 trillion to the overall economy in 2010, representing 4.1 percent of GDP (Gross Domestic product). Now, it is likely to rise to Rs10.8 trillion by 2016. 

It is also found that by 2016 the total size of the G-20 Internet economy will be $4.2 trillion, equivalent to 5.3 percent of GDP, up from $2.3 trillion or over 4 percent in 2010.

Experts believe, internet sector is growing at the fast pace in India. It is worth noticing that India stands out for their enormous Internet related exports which propel their internet-economy rankings toward the top of list.  

Analysts quote; social media is fast becoming the medium of choice for sharing information in emerging countries like India. 

According to Rajan Anandan, VP, Sales and Operations and Managing Director at Google, India is seeing as one of the potential market having noticeable rate of internet adoption across the globe. Now, it is up to users, businesses and the government to leverage the potential of the internet to deliver value and wealth. 

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