Will India's Deeptech Sector Reach $30 Billion by 2030?
Synopsis
Key Takeaways
- India's deeptech market projected to hit $30 billion by 2030.
- Defence spending has doubled, reaching $80 billion.
- Humanoid robots represent a $10 billion opportunity.
- Cost efficiency in robot production is a significant advantage.
- Strategic defence needs and innovation are key drivers.
New Delhi, Nov 9 (NationPress) India’s deeptech ecosystem is on the verge of a significant transformation, with its market potential expected to soar to $30 billion by 2030, driven by a remarkable increase in defence innovation and robotics manufacturing, according to a recent report.
Once viewed as a specialized sector, deeptech — encompassing cutting-edge areas such as AI, robotics, autonomous systems, and energy propulsion — is now poised to become India’s next major economic driver, aligning national security objectives with global industrial demand, as highlighted by Redseer Strategy Consultants.
The report emphasized that India’s spending on defence deeptech has doubled over the last ten years, reaching $80 billion, which surpasses the growth rates of traditional defence powerhouses like the US and China.
This surge has elevated India’s deeptech sector to an estimated $9-2 billion as of FY2025, marking a growth of 2.5 times in the past five years.
According to the report, “India is quickly emerging as the only reliable, cost-effective hub outside of China,” with the defence and robotics sectors at the forefront. The global market for robotics, currently around $60 billion, is projected to grow nearly fourfold to $230 billion by 2030.
Within this landscape, humanoid robots alone are anticipated to present a $10 billion opportunity.
India’s advantage lies in cost efficiency — producing humanoid robots in India costs 73% less than in the US, thanks to local integration, lower labour expenses, and optimized sourcing.
The report identifies autonomous systems, AI-enabled military training tools, and advanced drone propulsion technologies as immediate growth opportunities for Indian enterprises.
Redseer emphasized that India’s unique blend of strategic defence requirements, competitive pricing, and innovation-driven startups will redefine its standing in global technology supply chains.
The report concluded, “Deeptech is no longer a future prospect — it is a current reality. India’s defence-deeptech flywheel is accelerating, creating investable, predictable, and scalable growth for the next decade.”