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The Economic Times

India may lose $270 bn manufacturing GDP by 2035, $1 tn by 2047 without frontier tech: Report

India GDP United States China Semiconductor Angel One

New Delhi: India could face a manufacturing GDP gap of up to USD 5.1 trillion by 2047 if it fails to unlock the potential of advanced manufacturing and adopt frontier technologies, according to a report by Angel One, which estimates that the country could miss out on USD 270 billion in additional manufacturing GDP by 2035 and USD 1 trillion by 2047.

The fund house noted AI-led innovation and productivity gains, automation and digitisation, product and process innovation, and the adoption of frontier technologies are key enablers for unlocking India's advanced manufacturing potential.

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