AI Development

India’s AI market projected to reach $126 billion by 2030 but faces capital challenges

May 29, 2026 · Medium importance · markets
Editorial Analysis

InMobi co-founder Mohit Saxena highlighted that while India's AI market is expected to grow 5.3x to $126 billion by 2030, the country faces significant hurdles due to lack of patient capital and patience in deep tech development. The remarks were made at the Inc42 AI Summit in Bengaluru.

At a Glance
Date
May 29, 2026
Importance
Medium 3/5
Category
markets
Axis of Change
Capital Concentration
Models Affected
No specific model identified
Sources
  1. 01 startup.economictimes.indiatimes.com
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