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Leveraging India's digital potential key to more inclusive, prosperous future: KPMG
Collaboration among all stakeholders including policymakers and businesses to leverage India's digital potential will be key to create a more inclusive and prosperous future on path to becoming a developed nation by 2047, a report said on Wednesday. The report titled 'India's Digital Dividend: A Strategic Roadmap Towards Becoming a Global Digital Leader' was released by KPMG here on the sidelines of the World Economic Forum Annual Meeting 2025. It was officially launched during a joint panel discussion by the Confederation of Indian Industry (CII) and KPMG in India in the presence of Union Minister Jayant Chaudhary, KPMG International Global Chairman Bill Thomas and its India Chairman Yezdi Nagporewalla. The report delves into how India's digital dividend -- economic and societal benefits arising from its dynamic digital landscape -- coupled with advancements in digital infrastructure, AI, and emerging technologies, has significantly amplified its role in reshaping the global digital economy. It highlighted India's capacity to leverage technology to tackle critical issues, from fostering sustainable governance and creating job opportunities to driving modern urban planning and combating climate change. The report called on policymakers, businesses, and other stakeholders to collaborate and leverage India's digital potential to create a more inclusive and prosperous future. In alignment with the vision of Viksit Bharat 2047, a national initiative aimed at transforming India into a developed and sustainable nation by its centenary year, the report also outlined the critical steps needed to position India as a global leader in the digital economy. Thomas said, "The world is grappling with an array of rapid technological shifts, from the rise of AI to evolving regulation. This report highlights the key role India is playing in helping tackle these challenges, leveraging its digital assets to drive growth, foster innovation, and build a more inclusive society. India's strong progress has created the potential for the country to become a true digital powerhouse." "India's rapid digital transformation is propelling the nation toward Viksit Bharat ambition. By leveraging strategic investments in frontier technologies including AI, alongside the power of a skilled and agile workforce, India is setting new benchmarks in the global digital economy," Nagporewalla said.
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Viksit Bharat 2047: KPMG Unveils Strategic Roadmap for India's Digital Future at WEF, Davos
KPMG in India today released its report, "India's Digital Dividend: A Strategic Roadmap Towards Becoming a Global Digital Leader," on the sidelines of the World Economic Forum Annual Meeting 2025 in Davos. The report was officially launched during a joint panel discussion by the Confederation of Indian Industry (CII) and KPMG in India, which examined India's increasing prominence and strategic role in shaping the global digital economy. The report was launched in the presence of Hon'ble minister Shri Jayant Chaudhary, Union Minister of State for Skill Development & Entrepreneurship as well as Minister of State in the Education Department, Government of India; Bill Thomas, Global Chairman, KPMG International and Yezdi Nagporewalla, CEO, KPMG in India. The report delves into how India's digital dividend -- economic and societal benefits arising from its dynamic digital landscape -- coupled with advancements in digital infrastructure, AI, and emerging technologies, has significantly amplified its role in reshaping the global digital economy. It highlights India's capacity to leverage technology to tackle critical issues, from fostering sustainable governance and creating job opportunities to driving modern urban planning and combating climate change. The findings of the report call on policymakers, businesses, and other stakeholders to collaborate and leverage India's digital potential to create a more inclusive and prosperous future. In alignment with the vision of Viksit Bharat 2047, a national initiative aimed at transforming India into a developed and sustainable nation by its centenary year, this strategic roadmap outlines the critical steps needed to position India as a global leader in the digital economy. Commenting on the report Bill Thomas, Global Chairman and CEO, KPMG International, said "The world is grappling with an array of rapid technological shifts, from the rise of AI to evolving regulation. This report highlights the key role India is playing in helping tackle these challenges, leveraging its digital assets to drive growth, foster innovation, and build a more inclusive society. India's strong progress has created the potential for the country to become a true digital powerhouse." "India's rapid digital transformation is propelling the nation toward Viksit Bharat ambition. By leveraging strategic investments in frontier technologies including AI, alongside the power of a skilled and agile workforce, India is setting new benchmarks in the global digital economy. India's vision of inclusive growth, where technology bridges divide, empowers citizens, and drives innovation at scale is becoming a reality and India is poised to not only lead the development but also shape a sustainable, digital-first world," said Yezdi Nagporewalla, CEO, KPMG in India. The report outlines core factors, briefly listed below, that will determine the journey of Viksit Bharat 2047 to drive long-term, inclusive growth: AI and Emerging Technologies for Resilience: Addressing the World's Polycrisis The role of public-private partnerships (PPPs) in driving digital transformation across key sectors such as healthcare, education, and fintech is crucial. These collaborations are not only enhancing equitable access to digital services but also ensuring scalability and long-term sustainability. By leveraging AI and emerging technologies, we can solve complex global challenges, helping build resilient systems that support economic and social stability. India emerging as a Leader in AI Skills Among G20 Nations: Pioneering Predictive Analytics and Automation India is rapidly adopting AI technologies, bolstered by a strong engineering base and leadership in predictive analytics and automation. The success of initiatives like the Smart Cities Mission showcases how public-private partnerships are driving scalable, inclusive digital transformation. This makes India a global leader in shaping the future of AI, setting a benchmark for other nations to follow. Workforce in 2025 and beyond - Hybrid Work and Gig Economy: India's Blueprint for a Resilient Future Workforce As the future of work evolves, it is essential to upskill the workforce in emerging technologies such as AI, blockchain, and IoT. With the rise of hybrid work models and the gig economy, the need for virtual mentoring, AI-powered performance reviews, and establishing social safety nets for gig workers becomes paramount. AI interventions can amplify human capabilities, enabling more efficient work processes. Strategic Actions for Success in the Digital Age: Innovation Clusters and Robust Governance To accelerate innovation, we must establish innovation clusters, co-invest in R&D, and foster cross-sector collaboration. Transparent governance frameworks are equally important to ensure that progress remains ethical and sustainable. By uniting businesses, governments, and academia, we can drive transformative solutions across sectors such as fintech, smart cities, and digital connectivity, laying the foundation for a digitally empowered future.Governance Frameworks: Ensuring Data Privacy, Cybersecurity, and Ethical AI in India's Digital Ecosystem The importance of robust governance frameworks prioritizing data privacy, cybersecurity, and compliance, and how initiatives like DEPA and the Digital Personal Data Protection Act support secure and transparent digital platforms. The report highlights the need for businesses to make ethical AI a core part of their governance, ensuring AI models are transparent, fair, and free from bias.
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KPMG's report "India's Digital Dividend" highlights the country's potential to become a global digital leader, emphasizing the role of AI and emerging technologies in achieving the Viksit Bharat 2047 vision.
KPMG has released a comprehensive report titled "India's Digital Dividend: A Strategic Roadmap Towards Becoming a Global Digital Leader" at the World Economic Forum Annual Meeting 2025 in Davos. The report, launched during a joint panel discussion by the Confederation of Indian Industry (CII) and KPMG in India, outlines India's potential to become a global leader in the digital economy 12.
The report highlights how India's digital dividend, coupled with advancements in digital infrastructure, AI, and emerging technologies, has significantly amplified its role in reshaping the global digital economy. It emphasizes India's capacity to leverage technology to address critical issues, including sustainable governance, job creation, modern urban planning, and climate change mitigation 1.
The report identifies several core factors crucial for realizing the Viksit Bharat 2047 vision:
AI and Emerging Technologies for Resilience: The report stresses the importance of public-private partnerships (PPPs) in driving digital transformation across key sectors such as healthcare, education, and fintech. These collaborations are seen as essential for enhancing equitable access to digital services and ensuring scalability and long-term sustainability 2.
India as a Leader in AI Skills: The report highlights India's rapid adoption of AI technologies, bolstered by a strong engineering base and leadership in predictive analytics and automation. Initiatives like the Smart Cities Mission are cited as examples of successful public-private partnerships driving scalable, inclusive digital transformation 2.
Future Workforce Development: The report emphasizes the need to upskill the workforce in emerging technologies such as AI, blockchain, and IoT. It also highlights the importance of adapting to hybrid work models and the gig economy, suggesting the implementation of virtual mentoring and AI-powered performance reviews 2.
To accelerate innovation, the report recommends establishing innovation clusters, co-investing in R&D, and fostering cross-sector collaboration. It also emphasizes the importance of transparent governance frameworks to ensure ethical and sustainable progress 2.
Bill Thomas, Global Chairman and CEO of KPMG International, commented on India's potential to become a "true digital powerhouse," highlighting the country's role in tackling global challenges through its digital assets 12.
The report aligns with the vision of Viksit Bharat 2047, a national initiative aimed at transforming India into a developed and sustainable nation by its centenary year. It outlines critical steps needed to position India as a global leader in the digital economy, emphasizing inclusive growth and the power of technology to bridge divides and empower citizens 12.
As India continues its rapid digital transformation, the report serves as a strategic roadmap for policymakers, businesses, and other stakeholders to collaborate and leverage the country's digital potential, paving the way for a more inclusive and prosperous future.
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