News Summary

• The Angel One report highlighted AI, robotics, automation, digitisation, semiconductor engineering, battery systems and recycling as key areas that could drive manufacturing growth and reduce import dependence.
• It estimated that wider adoption of cutting-edge technologies could add USD 1.1 trillion to India’s manufacturing GDP by 2047.
• It noted that AI-led companies in the US and China are driving a sharp rise in global market capitalisation, while India remains underrepresented in deep-tech and semiconductor leaders.