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UBS sees up to $10 billion profit pool in India's internet economy
Original: UBS sees up to $10 billion profit pool in India’s internet economy
UBS estimates India's internet economy could generate a profit pool of up to $10 billion, according to a research note circulated on TradingView. The forecast points to the scale of profitability expected from India's rapidly growing online sector, spanning e-commerce, digital payments and internet services. The estimate has drawn attention among investors tracking India's digital growth story.
Why now: Investors are focused on India's fast-growing internet sector and what UBS's new estimate implies for earnings potential.
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