Top Deep Tech Startups in India

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 India’s deep tech sector is experiencing significant growth, with over 3,600 startups valued at $14 billion as of 2023.

These startups are at the forefront of technological innovation, addressing challenges across various industries.

For an in-depth analysis of sustainability initiatives in India’s 2024 Interim Budget and their impact on deeptech startups, read more here.

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Analyzing Sustainability Initiatives in India’s 2024 Interim Budget

Under the visionary leadership of Prime Minister Shri Narendra Modi since 2014, India tackled formidable challenges with the ethos of ‘Sabka Saath, Sabka Vikas. ’ Structural reforms, pro-people programs, and enhanced employment opportunities invigorated the economy, fostering a renewed sense of purpose and hope and earning the government a larger mandate.

The article analyzes India’s 2024 Interim Budget, highlighting key sustainability initiatives. It emphasizes the government’s focus on promoting green energy and reducing carbon emissions with increased funding for renewable energy projects, electric vehicles, and waste management.

 

Mayuresh Raut, Co-founder of Seafund, highlights that the government’s deep tech and solar rooftop initiatives will advance India’s clean energy goals, enhance EV charging infrastructure, and create jobs and also stated that the government’s deeptech defense scheme will support the Make in Bharat initiative through indigenous technologies while also unlocking their use in civilian applications. These initiatives also unlock opportunities for deep-tech startups in India by fostering innovation in defense and civilian applications.

Seafund’s deep tech investments are poised to benefit from these policies, which will contribute to India’s larger vision for clean energy and technological progress. The budget outlines significant investments in clean technologies, aiming to make India a global leader in sustainability by 2047.

 

However, the article notes that while the budget is a step forward, there are concerns over the implementation of these initiatives on the ground. For more details, visit the original article here.

 

#DeepTechStartups #Innovation #Sustainability #IndiaTech #TechForGood

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