Top Story

e4m_logo.png

Home >> Digital >> Article

India to add USD 2.5 Trillion to economy in next 7-8 years: Vijay Shekhar Sharma, PayTm

22-January-2018
Font Size   16
India to add USD 2.5 Trillion to economy in next 7-8 years: Vijay Shekhar Sharma, PayTm

India is one of fastest growing economies today, if we particularly talk about the growth digitally.

Speaking on how India is going to add USD 2.5 trillion to the economy in the next 7-8 years, especially digitally, Vijay Shekhar Sharma of Paytm strongly emphasized on the Make In India initiative, stating that this is actually the right time to create an Indian model which would be the envy of the world.

Recalling the days of his struggle and quest to build Paytm, Sharma said, “My company did 255 million transactions last month and would achieve 14 billion gross merchandise value this ongoing fiscal.”

Sharma, who brought about a revolution in the digital payment ecosystem, lauded the government’s initiative on the economic front, stating, “In the next seven years between 2018 and 2025, India would add USD 2.5 trillion to the economy and the digital industry would contribute a substantial amount to this growth.”

Sharma in particular noted the accomplishments of other big players of the digital industry namely Flipkart founders Sachin and Binny Bansal.

“E-commerce companies like Flipkart have also played a major part in changing the country’s ecosystem as it looks today,” added Sharma.

Sharma was speaking at the IAMAI Indian Digital Summit.

Kranti Gada joined the family business at Shemaroo in 2006 after a successful stint of over two years in marketing at Pepsi Co. She has been associated with the company for 12 years.

Exchange4media interacted with Jaspreet Chandok, Vice President and Head (Fashion) , IMG Reliance Pvt. Ltd on seamless brands integrations planned for Lakme Fashion Week, walking tall despite blazing trails like GST, demonetization and being a part of the larger cultural space

Their strategy to educate the consumers to make well informed decisions at all stages has worked out well.

Bobby Pawar, MD, CCO - South Asia, Publicis India, talks about his idea of chilling out

Launches third phase of TVC campaign ‘Think it. Done’

Based in Mumbai, Usha has nearly two decades of experience in the Indian media and entertainment sector and will serve as a strategic advisor to H+K’s diverse portfolio of clients with a special empha...

Report based on media channel data in 96 countries and detailed findings from the world‘s key ad markets, which between them account for approximately two-thirds of the value of global advertising tra...