India Announces $25 Billion Investment Plan for Deep Tech Sector
India plans to invest $25 billion in its deep tech industry over the coming years as it seeks to reduce reliance on foreign technology and compete with global leaders like the U.S. and China. The funding will be supported by a government initiative, the Research Development Infrastructure Fund, which has already committed $11 billion, matched by private investors. Deep tech includes sectors such as artificial intelligence, semiconductors, advanced manufacturing, drones, and space technology—areas seen as critical in an era of geopolitical tensions. While India's deep tech ecosystem is still nascent compared to its global counterparts, experts believe it has the potential to produce global champions due to strong innovation and talent. Despite a surge in interest from investors—with 90% of Indian funds investing in Deep Tech—the sector remains underfunded relative to the U.S., which raised $136 billion. However, India's recent unicorns like Emergent, Skyroot, and Sarvam indicate growing momentum.
Topics: artificial intelligence deep tech geopolitical tensions semiconductors venture capital