The deep tech dilemma
Deep tech is a broad term that encompasses a wide range of technologies, including artificial intelligence, machine learning, blockchain, and quantum computing. These technologies have the potential to revolutionize many industries, from healthcare to manufacturing to finance.
Why is deep tech important?
Deep tech is important because it can help India solve some of its biggest challenges. For example, AI can be used to develop new medical treatments, improve crop yields, and create more efficient transportation systems.
What can be done to fuel the growth of India’s deep tech sector?
There are a number of things that can be done to fuel the growth of India’s deep tech sector. One is to increase investment in deep tech startups. This can be done by creating government-backed venture capital funds and by providing tax breaks to investors who invest in deep tech companies.
What can the private sector do to help?
The private sector can also play a role in fueling the growth of India’s deep tech sector. Large companies can invest in deep tech startups and provide them with access to their resources and expertise. Large companies can also partner with deep tech startups to develop new products and services.
Government support
Improving infrastructure and nurturing deep tech will require government support. Schemes for small and medium manufacturing businesses are a positive step. Continued government support and incentives can help India compete globally in manufacturing and deep technology.
A future for deep tech
With the right investments, talent development, and government backing, India can become a hub for deep tech innovation. This growth will not only benefit startups but also create more job opportunities in core engineering disciplines.
