India readies $25 billion for Deep Tech investment
India is launching a $25 billion investment initiative to bolster its Deep Tech sector, aiming to reduce reliance on foreign technology amid geopolitical tensions. The funding will support startups in AI, semiconductors, and space tech to help India compete with the U.S. and China.
Why it matters
This move represents a strategic pivot toward technological sovereignty for India, driven by concerns over export controls and supply chain vulnerabilities.
India is preparing to deploy $25 billion to support Deep Tech start-ups in the country, as it tries to catch up with the U.S. and China in the global tech race to cut its reliance on frontier foreign technology.
In the last decade, India invested $11.6 billion in Deep Tech , Rajat Tandon, president of the Indian Venture and Alternative Capital Association, told CNBC.
But now, the government alone has committed to invest $11 billion under the Research Development Infrastructure Fund, which will be matched by venture capital and private equity fund managers, he said.
Three or four billion more will be added, making "$25 billion available to be spent on Deep-Tech investments," Tandon said.
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