India’s deep tech sector has experienced significant growth in 2023 and 2024, fueled by supportive government policies and advancements in artificial intelligence (AI). The surge in new ventures and funding reflects the increasing interest and confidence in this sector. However, industry founders stress the importance of developing a mature ecosystem that can sustain this growth, including ensuring a steady demand for deep tech solutions and continuous availability of capital. Despite the positive momentum, challenges such as long research and development cycles and the limited domestic market for deep tech products remain key concerns for stakeholders. As the sector continues to evolve, addressing these issues will be crucial for sustaining the momentum and unlocking the full potential of India’s deep tech industry.