India may lose USD 270 bn manufacturing GDP by 2035, USD 1 tn by 2047 without frontier tech: Report
New Delhi, Aug. 20 -- 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.
"AI led innovation & productivity gains along with industrial automation and adoption of frontier technologies to foster India's Manufacturing P...
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