The draft policy is strategically formulated to ‘stimulate innovation, spur economic growth, and promote societal development’ by effectively utilizing deep tech research-driven innovations. India's deep tech vision encompasses four key pillars: securing India's economic future, progressing towards a knowledge-driven economy, bolstering national capability and sovereignty through the Atmanirbhar Bharat imperative, and encouraging ethical innovation. The policy will aim to provide a comprehensive framework to address the challenges faced by deep tech startups and provide definitive policy interventions to enhance the ecosystem. Prof. Ajay Sood, Principal Scientific Advisor to the Government of India, in an interaction with BioSpectrum, spoke about the tools needed to shape India’s deep tech startup landscape, and the role NSTDP will play.
Can developing the niche deep tech sector in India’s biotechnology landscape contribute to boosting domestic production of cutting-edge technologies, novel drugs, and therapies?
This story is from the June 2024 edition of BioSpectrum Asia.
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This story is from the June 2024 edition of BioSpectrum Asia.
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