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Homegrown Tech Brands Projected to Cross Rs 2 Lakh Crore Revenue by FY36: Report

Summary by Latestly
Get latest articles and stories on Business at LatestLY. At an expected growth rate of about 13 per cent a year, homegrown consumer technology brands could earn about Rs 1.11 lakh crore by FY2031 and Rs 2.04 lakh crore by FY2036, according to the inaugural Viksit Tech 47 Report released on Thursday. Business News | Homegrown Tech Brands Projected to Cross Rs 2 Lakh Crore Revenue by FY36: Report.

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The 'Developed Tech 47' report said that although there are 129 indigenous gadget brands, the majority cannot achieve great growth in the market. These companies can only achieve big returns if they move into the engineering sector that designs their own products.| viksit tech 47 report indian tech brands scaling challenges

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Latestly broke the news in Mumbai, India on Thursday, October 8, 2026.
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