India's deeptech market to hit $30 billion by 2030: Report
India's deeptech market is on the cusp of a remarkable transformation, poised to rocket to $30 billion by 2030—a leap fueled primarily by defence innovations and a global robotics boom. The country is cleverly positioning itself as the world's most trusted and cost-effective alternative to China, leveraging lower production costs (73% cheaper humanoid robot production than the US) and a robust defence budget that has doubled to $80 billion over the last decade. It's no exaggeration to say India is becoming the Silicon Valley of deeptech machinery, particularly in autonomous systems and intelligent drones.
Behind this bullish forecast from Redseer Strategy Consultants is a rapidly expanding base valued at $9-12 billion as of 2025, growing 2.5 times in just five years. The global robotics market, projected to surge from $60 billion to nearly $230 billion by 2030, offers India a golden runway to dominate the humanoid robot sector, estimated to become a $10 billion segment. With a strategic focus on defence deeptech, AI-enabled training, and energy propulsion, India’s deeptech landscape promises to be the next huge economic engine, attracting predictable investments and reinforcing its global leadership outside China.
