NDTSP aims to support and nurture the unique requirements of Deep Tech startups in India.
Introduction
Deep Technology refers to innovations founded on advanced scientific and technological breakthroughs. Due to their disruptive nature, they have the potential to solve India’s most pressing societal issues. The Draft National Deep Tech Startup Policy (NDTSP) is strategically formulated to stimulate innovation, spur economic growth, and promote societal development through the effective utilization of deep tech research-driven innovations. This initiative centralizes on bolstering deep tech startups, thereby solidifying India’s financial stability and stimulating the transition towards a knowledge-centric economy, consequently augmenting India’s overall productivity.
NDTSP aims to harness the transformative potential of technological advancement across diverse sectors, serving as a catalyst to stimulate ripple effects throughout the economy and laying the groundwork for new industry creation. This policy aims to significantly strengthen India’s capabilities and enhance global competitiveness.
About the Initiative
The National Deep Tech Startup Policy (NDTSP) aims to address the challenges confronting deep tech startups through definitive policy interventions to create a conducive ecosystem. Acknowledging the key significance of deep technology in propelling innovation, economic growth, and societal development, the NDTSP lays the foundation for India’s emerging Deep Tech Startup ecosystem.
Read the NDTPS Draft Policy at psa.gov.in/deep-tech-policy
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