Tech frontier: India’s deeptech market set to touch $30 bn by 2030; defence innovation, robotics to drive growth

India’s deeptech sector is projected to reach $30 billion by 2030, driven by significant defense innovation and global robotics adoption. The market has grown 2.5 times in five years, with defense deeptech and robotics fueling this expansion. India is emerging as a trusted, low-cost innovation hub outside China, particularly in robotics manufacturing where it holds a substantial cost advantage.