Internet to Spike India's GDP by 2015

The job opportunities that could come is majorly from e-commerce and from the sectors like logistics that support online shopping websites, especially the ones which count heavily on courier companies to deliver their packages and services.

The report informed that currently India’s information and communication technology exports are the major element of the internet’s impact on GDP but private consumption and investment from the private and public sector have higher potential to grow in the future.

On an average, in a month Indians spend over 20 to 25 hours online which also includes shopping online. However these figures are much below than the South Asian nations like Vietnam, where an average time spent online is 96 hours in a month and in Singapore it has been estimated to be 81 hours in a month.

The consulting firm McKinsey claims that with the current contribution of the internet to India’s GDP has placed India in line with most aspiring countries for growth and development. India can grow to the speculated target on $100 billion provided it achieves its potential for growth with the increase in the number of users, consumption related to internet technology and over the period investment.

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