New Delhi, June 19 -- Indian companies could emerge as major players in shaping the global economy over the next decade, with 18 high-potential sectors poised to generate $1.7-2 trillion in revenue by 2030, up from $690 billion in 2023, according to a new report by McKinsey and Co.

Collectively, these sectors-which include electric vehicles and batteries, artificial intelligence (AI) software and services, and e-commerce-could contribute nearly 30% of India's incremental GDP by 2040, the report said.

Among the other sectors it mentioned are semiconductors, medical devices and biopharma, aerospace and defence, and cloud computing.

Titled 'India's Future Arenas: Engines of Growth and Dynamism', the McKinsey report also highlights emergin...