India’s deep tech sector has experienced impressive expansion in 2023 and 2024, attributed to the supportive policies and advancements in artificial intelligence (AI). The growth is evident in the rise of new ventures and increased funding in the sector. However, industry founders are stressing the importance of a mature ecosystem that includes a strong demand and consistent capital flow. Despite the surge in investments, challenges such as lengthy research and development cycles and the absence of a substantial domestic market have been highlighted. The sector’s growth has been significant, showcasing India’s potential in the global deep tech landscape.
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