Indias deeptech sector is on track to reach $30 billion by 2030, driven by advancements in robotics and national security, positioning it as a key alternative to China.
- A recent Redseer report forecasts that Indias deeptech sector will achieve a valuation of $30 billion by 2030, indicating strong market interest and investment potential.
- The surge in robotics innovation in India is bolstered by its low-cost production capabilities and growing reputation as a trusted alternative to China in the global supply chain.
- This exponential growth in Indias deeptech sector is closely tied to national security initiatives, emphasizing the importance of technology in defense and strategic industries.
Why It Matters
The anticipated growth in Indias deeptech sector reflects a significant shift in global technology dynamics, as countries seek alternatives to China for defense and technological advancements, enhancing geopolitical stability.