Over 20 public digital platforms unlock huge opportunities for India: NASSCOM-ONI-BCG study

25th August 2021
Over 20 public digital platforms unlock huge opportunities for India: NASSCOM-ONI-BCG study

New Delhi, August 25, 2021: Open digital ecosystems will unlock opportunities worth $700 billion for India by 2030, across sectors like healthcare, talent, agriculture, MSMEs, education, urban governance, law and justice, logistics, state service delivery, and E-land records  finds a  a report by ONI and BCG for the  National Association of Software and Services Companies (NASSCOM).
 The report titled ‘Digital India: The Platformisation Play’ says, the three of the largest public digital platforms in the world, Aadhar, UPI, and CoWIN, are from India which have significantly fast-tracked the country’s pivot to digitalization and are integral to the $5 trillion dollar economy aspiration.  Such digital solutions enhance India’s competitive index scores and create a shared tech infrastructure to promote the formation of a multi-stakeholder ecosystem. The adoption of public digital platforms has delivered a scaled impact for 1.4 billion Indian citizens. 
Speaking on the launch of the report on the sidelines of NASSCOM Cloud Summit, Ajay Sawhney, Secretary, MeitY, said, “As we move on from products to platforms, it is commendable to see how these platforms are now taking over the world. We aim to witness a sea change from making the government services available to people in a more efficient yet convenient manner, where both state and central governments come together and harmonize their development as a whole. Such a platform can not only bridge the silos we work in but also helps us organize our data and processes, deployment of emerging technologies creating tremendous value for all stakeholders.”  
Added Nandan Nilekani, Founding Chairman, UIDAI (Aadhaar), Co-founder and Chairman, Infosys:  “Digital platforms help in the systematic creation of value generation. We could create a significant impact during the pandemic, which was only made possible with the right infrastructure built on keeping in mind the population scale, inclusivity, openness, being low cost, high scalability, and efficiency. While we keep on extending and applying digital platforms in new areas, the collaborative way of getting AI, data empowerment, and digital lending are some areas where we will be focusing on in the near future.”
Added Debjani Ghosh, President, NASSCOM: “Our robust public digital platforms have been the bedrock of India’s digital advantage. The government’s focus on digitalization combined with the industry’s innovation quotient can translate into grassroot level of digital integration across sectors and industries. With digital platforms like Aadhar, CoWIN, GEMS, etc, we have truly shown the world to build the foundation for a scalable digital economy impacting over billion of lives.”
For key highlights and infographics from the report,
see our Image of the Day spot