# Fund manager warns India handing $1 trillion to US Big Tech 2026-08-12T20:05:20+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Fund manager Harsh Gupta Madhusudan has warned that India is "sleepwalking into a 2035 scenario" where US tech giants like Google and Meta dominate the country's digital advertising market, potentially costing India $1 trillion in lost market value. He said these companies benefit from network effects and winner-takes-all scale economies. Madhusudan raised concerns about data security, claiming US law allows government access to user data without a warrant. Tax Compass CEO Ajay Rotti added that US Big Tech avoids paying taxes in India because the US has not joined the OECD's digital tax framework. ## Coverage - businesstoday.in Tags: Big Tech, data security, digital advertising, Harsh Gupta Madhusudan, market value Canonical: https://indianopinion.org/fund-manager-warns-india-handing-1-trillion-to-us-big-tech/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/fund-manager-warns-india-handing-1-trillion-to-us-big-tech/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.