Accel Projects USD 2 Trillion Tech Market Cap Boost for India in Next Decade

India is set to add nearly USD 2 trillion in market capitalisation through technology-driven growth over the next decade, significantly reshaping the country’s economic landscape, according to global venture capital firm Accel.

Speaking at the ongoing AI Impact Summit in the national capital, Prayank Swaroop, Partner at Accel, said that technology will play a transformative role in the expansion of India’s capital markets.

“India is going to add USD 2 trillion of market cap using technology in the next decade,” Swaroop said.

He noted that technology companies currently account for only 4–5 per cent of India’s overall market capitalisation. However, he projected that this share could rise sharply to 15–20 per cent over the next 10 years, driven by innovation, digital adoption, and the emergence of large-scale tech enterprises.

Swaroop highlighted that India’s startup ecosystem, increasing digitisation, and supportive policy environment are laying the groundwork for the creation of globally competitive technology companies.

Industry observers say that if realised, the projected growth would mark a significant structural shift in India’s economy, positioning technology as a central pillar of wealth creation and market expansion in the coming decade.

The remarks come amid heightened focus on artificial intelligence, deep tech, fintech, and software-led platforms that are increasingly attracting investor interest and global capital.