India's new-age economy to triple to $300 billion by FY31: Redseer report

India's new-age economy is set to triple to USD 300 billion by FY31. Consumption-led sectors will drive this expansion, reaching USD 150 billion by FY31. Emerging technology sectors will also grow significantly, contributing to overall market expansion. Profitability is expected to improve, though concentration remains a challenge for many. Capital supply for these companies is projected to increase substantially in coming years.