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Homegrown Tech Brands Projected to Cross Rs 2 Lakh Crore Revenue by FY36
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News18•08-10-2026, 19:45
Homegrown Tech Brands Projected to Cross Rs 2 Lakh Crore Revenue by FY36
- •Homegrown consumer technology brands are projected to earn about Rs 1.11 lakh crore by FY2031 and Rs 2.04 lakh crore by FY2036 at a 13 percent annual growth rate.
- •Projections could rise to Rs 2.65 lakh crore if domestic players capture a higher market share in smart and connected segments at a 16 percent expansion rate.
- •Currently, 129 domestic brands generate over Rs 60,000 crore annually, with only 14 registering turnovers above Rs 500 crore and just two exceeding Rs 2,000 crore.
- •The inaugural Viksit Tech 47 Report outlines four operational stages using the TAME model: Trade, Assemble, Manufacture, and Engineer, noting that massive scale requires owning intellectual property.
- •The report sets an ambitious vision for India to establish 50 homegrown brands generating Rs 1 lakh crore each by 2047, requiring a 25 percent annual growth rate over the next two decades.
Key Questions Answered
Homegrown consumer technology brands are projected to earn about Rs 2.04 lakh crore by FY2036 at an expected annual growth rate of roughly 13 per cent.
Currently, 129 domestic brands generate over Rs 60,000 crore annually across gadgets, appliances, and connected vehicles, averaging about Rs 465 crore per brand.
The Viksit Tech 47 Report proposes an ambition for India to establish 50 homegrown brands that generate Rs 1 lakh crore each by the year 2047.
