India to Add USD 2 Trillion Tech Market Cap, Reshaping Economy: Accel

• India is projected to add nearly USD 2 trillion in market capitalization through technology over the next decade, according to VC firm Accel.
• Technology companies' share of India's overall market capitalization could rise sharply from 4-5% to 15-20% in the next 10 years, creating numerous USD 100 billion companies.
• Accel Partner Prayank Swaroop highlighted the accelerating role of Artificial Intelligence (AI) in driving this growth and reducing service costs in healthcare, education, and financial planning.
• Startups are encouraged to 'build for Bharat' with cost-effective AI solutions, leveraging India's massive customer base.
• Accel, a global VC firm, is actively investing in businesses poised to benefit from the convergence of AI, agent-based systems, robotics, and advanced manufacturing, noting strong capital availability for Indian founders.