You say India has 3600 deep tech startups โ Iโd challenge that definition. Most are glorified service providers or SaaS tools. We still havenโt cracked true product innovation or IP-led tech the way Israel or China has.
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โThere is no tech in India - just tech-enabled businesses.โ
โ Anupam Mittal
Hard truth. And it hurts.
Indiaโs startup scene has mastered scale, delivery, and funding.
But how many are building 'actual' technology?
Deep tech? IP? Research-backe
India canโt beat China. Let us talk numbers.
China has 200 lakh CR tax revenue (5 times more than us)
China has 2.2 million R&D workers (2.5 times more than us)
China's R&D budget was 420,000 CR last year (21 times more than us)
China slashed 361