Market

India

Discover the India Market Opportunity: A Global Leader in Innovation and Technology.

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Intro

With the world’s highest broadband penetration (97%) and top-ranking innovation for six years, India is an innovation powerhouse.

Cutting-Edge Industries and Infrastructure

India excels in R&D, with advanced sectors like smart manufacturing, virtual reality, and renewable energies.

Its strong ICT infrastructure and high technology adoption rate create the ideal environment for fostering innovation and driving technological advancements globally.

Facts & Figures

Largest economy
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South Korea leads Asia’s economic powerhouse

Global Innovation Index
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On Bloomberg’s Global Innovation Index for 6 years

Unicorns
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Unicorns and 30,000+ startups in South Korea

R&D expenditure accounts
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Leading Global Innovation Through R&D Investment

Sources: BBC (2020), Forbes (2020), Initial (2020)
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Massive boost in India’s enterprise tech sector, with a total valuation of $45 Bn across 19 unicorns, and a 49% surge in funding since 2019. It is a powerhouse for software-as-a-service (SaaS), supplying thousands of B2B solutions for companies worldwide.

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Manufacturing is a key sector, and government initiatives to catapult India as a world-class manufacturing hub have increased digital platform adoption for Industry 4.0.

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India’s large supply chain, growing E-commerce sales, and rising urbanization present promising opportunities for tech disruption in its logistics sector.

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Rapid urbanization, rising traffic congestion, and longer urban commutes are leading India to look for more convenient, affordable, and time-efficient Mobility solutions.

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India’s HealthTech market is estimated to reach $25B in 2025 on the back of telemedicine and preventive healthcare growth to help provide holistic care across urban and rural areas.

Benefits

Opportunities for German Startups

Toptitle

Key Industries Include

How It Works

How to Get Started

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Enterprise Tech

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HealthTech

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Industry 4.0

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Mobility & Logistics

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Manufacturing

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Locations

Main Startup Hubs in India

Bengaluru

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Known as India’s ‘Silicon Valley’ and the centre of the country’s high-tech industry, Bengaluru is home to over 13,000 startups, and 40 unicorns and has been ranked fifth in global tech venture capital investments in 2022. It is also a popular hotspot for E-commerce, Enterprise Tech, and FinTech startups.

Delhi

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Delhi, India’s capital, continues to be a stronghold for India’s startup scene. Home to more than 9900 startups, 33 unicorns, and 19 ‘soonicorns’, most of Delhi’s funded startups are consumer-facing.

Mumbai

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India’s financial and entertainment capital, Mumbai is the country’s third-largest startup hub and ranks 3rd in South Asia. The wealthiest city is home to more than 9,000 startups, and 17 Unicorns, and is a Fintech, E-commerce, Enterprise Tech, and consumer services hub.

Hyderabad

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India’s second-largest IT hub, Hyderabad is a bustling hub for FinTech, Enterprise Tech, and HealthTech startups. It is also home to international giants like Microsoft, Google, and Uber. Hyderabad is home to more than 4300 startups.

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