{"id":1313787,"date":"2026-09-12T09:24:55","date_gmt":"2026-09-12T03:54:55","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1313787"},"modified":"2026-09-12T09:25:08","modified_gmt":"2026-09-12T03:55:08","slug":"indias-new-age-economy-set-to-triple-to-300-billion-by-fy31","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/indias-new-age-economy-set-to-triple-to-300-billion-by-fy31\/","title":{"rendered":"India\u2019s New-Age Economy Set to Triple to $300 Billion by FY31"},"content":{"rendered":"\n

<\/p>\n\n\n\n

India\u2019s new-age economy is projected to nearly triple in revenue to around $300 billion by financial year 2030-31, driven by digitally native businesses, artificial intelligence, digital innovation and rapidly scaling consumer companies.<\/strong><\/p>\n\n\n\n

\"India\u2019s<\/figure>\n\n\n\n

Revenue Could Triple by FY31<\/strong><\/p>\n\n\n\n

According to a report by Redseer Strategy Consultants, the combined revenue <\/a>of India\u2019s domestic new-age companies is expected to rise from around $100 billion in FY26 to $300 billion by FY31<\/strong>, growing at approximately 25% annually.<\/p>\n\n\n\n

The sector generated just $33 billion in revenue in FY22, highlighting the rapid expansion of technology-driven businesses over the past few years.<\/p>\n\n\n\n

Redseer defines new-age companies as digitally native businesses or companies where technology is central to the business model.<\/p>\n\n\n\n

Consumer Businesses to Remain the Largest Segment<\/strong><\/p>\n\n\n\n

Consumption-led sectors, including consumer goods, retail and leisure<\/strong>, are expected to remain the biggest contributors to the new-age economy.<\/p>\n\n\n\n

These segments are projected to grow at around 25% annually and reach approximately $150 billion by FY31<\/strong>, accounting for nearly half of the overall new-age economy.<\/p>\n\n\n\n

Technology-led sectors such as technology, media and telecom, AI and advanced manufacturing<\/strong> are expected to grow slightly faster, at around 26% annually.<\/p>\n\n\n\n

Profitability Is Improving<\/strong><\/p>\n\n\n\n

The expansion is increasingly being accompanied by better operating performance. The combined EBITDA of new-age companies swung by around $6 billion between FY23 and FY25<\/strong>, turning positive at $1.4 billion in FY25.<\/p>\n\n\n\n

However, profitability remains highly concentrated in banking, financial services and insurance.<\/p>\n\n\n\n

Redseer estimates that even if the new-age economy reaches $300 billion in revenue by FY31, its combined profit pool could be only $5 billion to $10 billion<\/strong>, equivalent to a 2-3% margin. That remains considerably below the margins of established FMCG and IT services companies.<\/p>\n\n\n\n

Consumer Brands Are Scaling Faster<\/strong><\/p>\n\n\n\n

Direct-to-consumer platforms and quick commerce have significantly reduced the time required for emerging consumer brands to achieve scale.<\/p>\n\n\n\n

Brands founded in 2020 took an average of 3.4 years to reach \u20b9100 crore in revenue<\/strong>, compared with 6.8 years for brands founded in 2016. The time required to reach \u20b9500 crore also fell from 7.9 years to four years.<\/p>\n\n\n\n

Redseer expects the number of new-age consumer brands with more than \u20b9100 crore in revenue to increase from around 230 in FY26 to 500 by FY31<\/strong>.<\/p>\n\n\n\n

However, crossing the \u20b9500-crore mark remains difficult because companies need stronger offline distribution, modern-trade capabilities and working-capital infrastructure.<\/p>\n\n\n\n

Funding and IPOs Set to Expand<\/strong><\/p>\n\n\n\n

Private-market funding for new-age companies is projected to rise 25% year-on-year to $17 billion in 2026<\/strong>. By 2030, combined public and private fundraising could reach around $50 billion annually<\/strong>.<\/p>\n\n\n\n

New-age companies could account for approximately 40% of all Indian IPO proceeds by CY30<\/strong>, compared with around 25% currently.<\/p>\n\n\n\n

Summary:<\/strong> India\u2019s new-age economy could grow from around $100 billion in FY26 to $300 billion by FY31<\/strong>, with consumer businesses, AI, TMT and advanced manufacturing driving expansion. Profitability is improving, consumer brands are reaching scale faster, and annual public and private funding could reach $50 billion by 2030. However, profitability and scaling beyond \u20b9500 crore remain major challenges.<\/p>\n","protected":false},"excerpt":{"rendered":"

India\u2019s new-age economy is projected to nearly triple in revenue to around $300 billion by financial year 2030-31, driven by digitally native businesses, artificial intelligence, digital innovation and rapidly scaling consumer companies. Revenue Could Triple by FY31 According to a report by Redseer Strategy Consultants, the combined revenue of India\u2019s domestic new-age companies is expected […]<\/p>\n","protected":false},"author":30,"featured_media":1313798,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[1087,10556],"class_list":["post-1313787","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-gdp","tag-new-age-economy"],"acf":[],"yoast_head":"\nIndia\u2019s New-Age Economy Set to Triple to $300 Billion by FY31 - Trak.in - Indian Business of Tech, Mobile & Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/indias-new-age-economy-set-to-triple-to-300-billion-by-fy31\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India\u2019s New-Age Economy Set to Triple to $300 Billion by FY31 - Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"og:description\" content=\"India\u2019s new-age economy is projected to nearly triple in revenue to around $300 billion by financial year 2030-31, driven by digitally native businesses, artificial intelligence, digital innovation and rapidly scaling consumer companies. 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