India readies $25 billion for Deep Tech investment as U.S. and China race ahead

India readies $25 billion for Deep Tech investment as U.S. and China race ahead

In a bid to cut its reliance on foreign tech, India tries to catch up with China and the U.S. by readying an investment of $25 billion in Deep Tech startups.

New $1 billion alliance formed to strengthen US-India deep tech ties

Eight US and Indian VC and PE firms have formed the India Deep Tech Investment Alliance, pledging over $1 billion to early-stage Indian deep tech startups over the next decade. The alliance supports funding, mentorship, and network access, though US-India trade tensions could complicate long-term cooperation in the sector.

India plans $25 billion push for deep tech amid US-China competition

India is set to tap about $25 billion in investment for deep technologies as it looks to bridge the gap with the United States and China in areas like artificial intelligence, quantum computing, robotics and bio-technology. The planned investment comes as New Delhi is increasing government-backed funding for research and development and looking to increase […] The post India plans $25 billion push for deep tech amid US-China competition first ap…

India readies $25 billion push to build its deep tech sector - Hello Entrepreneurs

New Delhi: India is ready to invest $25 billion on indigenous deep-tech start-ups. The goal is to catch up with the United States and China, and to lessen its reliance upon foreign technology. Deep Tech includes start-ups in areas such as Drones, space technology, semiconductors, and artificial intelligence. India has invested around $11.6 billion in […] <p>The post India readies $25 billion push to build its deep tech sector first appeared on H…