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India Inc.'s $2 tn EV to AI opportunity
Mint Mumbai
|June 20, 2025
Indian companies could emerge as major players in shaping the global economy over the next decade, with 18 high-potential sectors poised to generate $1.7-2 trillion in revenue by 2030, up from $690 billion in 2023, according to a new report by McKinsey and Co.
Collectively, these sectors—which include electric vehicles and batteries, artificial intelligence (AI) software and services, and e-commerce—could contribute nearly 30% of India's GDP by 2040, the report said.
This story is from the June 20, 2025 edition of Mint Mumbai.
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