Indian Economy News

India's deeptech market to reach US$ 30 billion by 2030: Redseer report

  • IBEF
  • November 10, 2025

India’s deeptech sector is poised for rapid expansion, with its market opportunity projected to reach Rs. 2,65,950 crore (US$ 30 billion) by 2030, according to a report by Redseer Strategy Consultants. The report attributed this growth to rising defence innovation and an accelerating global robotics market. India has witnessed a major shift in spending towards defence deeptech, with its national defence budget doubling over the past decade to Rs. 7,09,200 crore (US$ 80 billion), outpacing the growth rates of top global spenders such as the United States and China during the same period. The report noted that India’s deeptech opportunity has expanded 2.5 times in the past five years, currently valued at Rs. 79,785-1,06,380 crore (US$ 9-12 billion) in FY25, and is being propelled by advancements in defence technologies and robotics.

India’s growing reputation as a trusted, low-cost global technology hub outside China is underpinned by its strengths in robotics. The global robotics market, valued at Rs. 5,31,900 crore (US$ 60 billion) is expected to reach nearly Rs. 20,38,950 crore (US$ 230 billion) by 2030, with humanoid robots representing a key segment worth Rs. 88,650 crore (US$ 10 billion). India maintains a significant cost advantage, with humanoid robot production costs 73% lower than in the United States, owing to efficient local integration, affordable labour, and optimised sourcing. Redseer identified near-term opportunities in autonomous systems, Artificial Intelligence (AI)-enabled training, and energy propulsion technologies, particularly in intelligent drone development. The report described deeptech as the next economic engine, with India’s defence-driven ecosystem creating predictable, investible growth opportunities.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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