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DPIIT Reveals Plans For Separate Policy For Deep Tech Start-ups

DPIIT plans to introduce a separate policy and funding mechanism for deep tech start-ups in India. DPIIT Secretary RK Singh cited the need for a distinct framework to cater to the intensive R&D and innovation requirements of deep tech firms. The proposal includes establishing separate funding avenues for deep tech start-ups, which often require longer gestation periods and more support.

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