Report Sets 2047 Goal for 50 Large Indian Tech Brands
A report released at India Mobile Congress 2026 targets 50 Indian technology brands reaching Rs 1 lakh crore in revenue each by 2047. It identifies 129 homegrown brands with combined annual revenue above Rs 60,000 crore, though only a small number exceed Rs 500 crore. The report urges greater investment in Indian design, innovation, and intellectual property.
The Viksit Tech 47 report, subtitled Building India’s Global Brands in Gadgets, Devices, Appliances and Connected Cars, debuted at IMC 2026’s spotlight programme on October 8. ICEA chairman Pankaj Mohindroo released it alongside executives from Lava, MediaTek India, Qubo and Mivi. It marks IMC’s tenth anniversary and is described as the first structured review of value created by Indian-owned consumer technology brands.
It counts 129 such brands earning more than Rs 60,000 crore combined, averaging roughly Rs 465 crore each. Fourteen top Rs 500 crore, and two exceed Rs 2,000 crore. Electronics output hit Rs 13.11 lakh crore in FY2025-26, yet much value still goes to global brands and contract manufacturers. An accelerated path could lift homegrown brands to Rs 2.65 lakh crore by FY2036.
Count words. First para: The(1) Viksit2 Tech3 47? "Viksit Tech 47" maybe 3 words? Let's count. The Viksit Tech 47 report, subtitled Building India’s Global Brands in Gadgets, Devices, Appliances and Connected Cars, debuted at IMC 2026’s spotlight programme on October 8. Count: The1 Viksit2 Tech3 47 4 report5 subtitled6 Building7 India’s8 Global9 Brands10 in11 Gadgets12 Devices13 Appliances14 and15 Connected16 Cars17 debuted18 at19 IMC20 2026’s21 spotlight22 programme23 on24 October25 8.26. ICEA27 chairman28 Pankaj29 Mohindroo30 released31 it32 alongside33 executives34 from35 Lava36 MediaTek37 India38 Qubo39 and40 Mivi41. It42 marks43 IMC’s44 tenth45 anniversary46 and47 is48 described49 as50
... No bullets. Good. Need ensure not copying source phrasing. Some phrases like "gadgets, devices, appliances and connected cars" is source phrase? It's factual list. "first structured review" source says "first structured assessment" we changed review. "Indian-owned consumer technology brands" source phrase? It says Indian-owned consumer technology brands. Could be okay? But instruction never copying source phrasing. Maybe rephrase "brands owned in India that sell consumer technology." But list is unavoidable? We can alter. Let's revise to avoid exact source phrases. "The Viksit Tech 47 report, covering gadgets, devices, appliances and connected cars, debuted..." That's exact list. Could say "covering consumer hardware, home appliances and connected vehicles" but that changes? It's drawn from material but not exact. But "gadgets, devices, appliances and connected cars" is factual categories. Maybe okay but "never copying source phrasing" means don't copy sentences. We can paraphrase