Deep tech refers to pathbreaking scientific research and technology. It empowers its users. It fosters new designs, algorithms, techniques and intelligence.
Here the researchers navigate the unchartered waters. India’s software power could be harnessed to accept challenges in the field of climate change, healthcare, sustainable energy and so on. It is a shift to deep tech. There is an eco-system of startups to stimulate deep tech. These startups work in the areas of AI, robotics and biotech. Some startups work in the field of rocket science and unmanned aerial vehicles (UAVs), popularly called drones. These drones could be used in defence. homeland security, logistics and other industrial applications. So much research is going in the field of quantum computing, e.g. computational fluid dynamics simulation.
Deep tech brings with it deep tech entrepreneurs. They are not pursuing profits alone. Their mission is to improve life.
The government indulges in providing a conducive environment for the growth of deep tech startups, e.g. National Mission of Quantum Technologies and Applications, National Deep Tech Startup Policy, 2023, Anusandhan National Research Foundation.
Venture capitalists finance deep tech. Their contribution is rising over a period of time.
India has a talent pool of STEM graduates. India will assume leadership in deep tech in years to come.
There are longer gestation period and higher costs for deep tech companies. There is a need for sustained investment and strategic partnerships, e.g. Microsoft and OpenAI.