Internet economy is poised to become $1 Tn by 2030: RedSeer
The Hindu
The report broadly classified India’s digital consumer base under the following three cohorts:
India’s internet economy, which surged ahead with over 50% year-on-year growth in 2021, is poised to be a staggering $1 trillion economy by 2030, as per findings released by RedSeer on Thursday.
This healthy expansion was being fueled by a rapidly increasing internet penetration rate, high-speed internet access, and increased online shopping and digital content consumption, the study said.
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Remember how Anne Frank didn’t miss a day to write in her diary which she named, Kitty? Anne wasn’t just scribbling dates and events — she was writing about her hopes, dreams, feelings and fears — like painting her world with words on paper. During the most difficult phase of her life, Anne found solace in her journal which became a way for her to stay connected to herself and it gave the world a glimpse into her immensely powerful resilience. In today’s world, where everyone is constantly scrolling the screens — journaling has become a sweet escape and a digital detox. Surprising, right? The old-school practice of picking up a pen and writing your thoughts in a diary has made a major comeback.
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