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Hype apart, India's deep tech ecosystem struggles to attract investment and talent

OutlookIndia

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India's deep tech sector, focused on robotics, biotechnology, drones, and AI, has experienced significant growth in recent years. However, challenges persist in securing financing, acquiring essential equipment, and retaining talent. The high-risk, high-reward nature of deep tech ventures requires substantial time and ongoing financial support. Deep tech start-ups also struggle with sourcing equipment and components, as well as convincing legacy companies to adopt these nascent technologies. Government intervention, including tax policies and R&D incentives, is anticipated to streamline operations and foster innovation in the sector.

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