India has begun a fast paced journey towards complete digitization and it has opened avenues for employment and entrepreneurship. With increasing focus by Government on spearheading Digital India, the Indian economy is now more than ever, equipped to be a part of the global digital platform. In light of the current scenario, it becomes imperative to understand how Digital India can service the emerging areas that open up due to Industrial Revolution 4.0 and the new digital economies, whether in manufacturing, services or last-mile delivery.
This whitepaper examines the status of current development, gaps and opportunities in the new digital economy, and a framework to discuss the innovation paradigm. It was released at the CII Services Conclave held on 19 December 2017 at New Delhi.