According to the report, the optimism is fuelled by India’s rising online consumer spending, estimated to over double from USD 140 billion to USD 300 billion by 2030
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The youth unemployment rate has been rising over the past several decades – from 5.6 per cent in 2000 to 6.2 per cent in 2012
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The Indian economy is displaying robust growth post-Covid pandemic despite continued global headwinds. India’s economy will attain the size of USD 34.7 trillion by 2047 with a per capita income of USD 21,000
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The sector has raised a total funding of USD 7.3 billion to date and funding saw substantial growth between 2018 and 2022, surging from USD 0.23 billion to USD 2.47 billion
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