India's Strategic Push to Bolster Deep-Tech Startups
The Indian Government is intensifying efforts to bolster deep-tech startups through various initiatives and programs. Central to this is the Research, Development and Innovation (RDI) Scheme with a $14 billion corpus dedicated to advancing sectors like quantum computing, artificial intelligence, and biotechnology. The National Initiative for Developing and Harnessing Innovations and National Quantum Mission are key components in supporting and scaling innovations. However, deep-tech startups face challenges such as high capital needs and the shortage of specialized talent, which the government aims to address through comprehensive strategies and collaborations with the private sector and academia.
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