Angel One: India could lose $5.1tn manufacturing GDP by 2047

Business Aug 20, 2026

India could lose out on $5.1 trillion in manufacturing GDP by 2047 if it doesn't jump on board with advanced tech like AI, automation, and digital transformation, according to a new Angel One report.

The study warns that without these upgrades, India might also see a $270 billion shortfall as soon as 2035.

But there's good news: embracing next-generation tech and boosting areas like electric drivetrain and battery systems and semiconductor chip engineering and design could actually add $1.1 trillion to India's manufacturing GDP by 2047.

Report: India returns lag US China

As of CY25TD (calendar year-to-date 2025), India's market returns were 5%, compared with 16% in the US and 21% in China.

The report urges India to level up its manufacturing game with new technologies if it wants to stay competitive worldwide.