Archive · 11 Sep 2026
India’s New-Age Economy Projected to Reach $300 Billion by FY31
India has many newer companies built around technology, digital services, artificial intelligence, and new ideas.
Their combined revenue was about $33 billion in FY22.
A report says it could reach about $100 billion in FY26 and $300 billion by FY31.
Consumer goods, retail, and leisure are expected to make up nearly half of the total.
Technology, media, telecom, artificial intelligence, and advanced manufacturing are also expected to grow quickly.
These companies together made a profit of $1.4 billion in FY25.
However, most of that profit came from banking, financial services, and insurance.
Online shopping and quick-delivery services are helping brands grow faster than before.
Growing beyond ₹500 crore is still hard because companies need strong stores, distribution networks, and working capital.
India’s domestic new-age companies are projected to grow from $100 billion in FY26 revenue to $300 billion by FY31.
Revenue has risen from $33 billion in FY22, with annual growth expected to remain around 25% through FY31.
Consumer goods, retail, and leisure could generate $150 billion by FY31, while technology-led sectors are expected to grow about 26% annually.
The sector’s collective profit pool turned positive at $1.4 billion in FY25, but BFSI accounted for 140% of that total, leaving other sectors collectively loss-making.
D2C and quick-commerce channels are helping consumer brands reach ₹100 crore and ₹500 crore revenue milestones faster, although larger-scale expansion remains difficult.
- Who
- India’s domestic new-age companies, as analyzed by Redseer Strategy Consultants.
- What
- The new-age economy is projected to reach $300 billion in revenue by FY31, with a projected profit pool of $5 billion to $10 billion.
- When
- The projections cover FY26 through FY31; the report also cites results from FY22 and FY25.
- Where
- India.
- Why
- Growth is expected to come from artificial intelligence, knowledge capital, digital innovation, consumer demand, D2C channels, and quick commerce.
- FY22 revenue
- $33 billion
- FY26 estimated revenue
- Around $100 billion
- FY31 projected revenue
- $300 billion
- FY31 consumption-led revenue
- $150 billion from consumer goods, retail, and leisure
- FY25 profit pool
- $1.4 billion
- FY31 projected profit pool
- $5 billion to $10 billion, implying a 2% to 3% margin
- Consumer brands above ₹100 crore
- Projected to rise from roughly 230 in FY26 to approximately 500 by FY31
