India on the Deep Tech Trail
India is at a critical juncture in its technological evolution, as evidenced by the robust growth of its deep tech sector. The country is expected to attract over $6 billion in artificial intelligence (AI) investments by 2025, marking a major step in leapfrogging emerging technology sectors.

Besides AI, key technologies such as augmented reality/virtual reality (AR/VR), big data, blockchain, Internet of Things (IoT), drones and robotics will also be the drivers of innovation and economic growth. To achieve global leadership, India needs to build comprehensive capabilities across the entire deep tech value chain, from research to commercial applications.

Urgent need for deep tech leadership
The adoption of deep tech in India is growing rapidly. According to Zinnov’s analysis, deep tech startups will account for 12% of India’s total tech startups by 2022. The segment is expected to grow at a compound annual growth rate (CAGR) of 44% over the past decade, attracting up to $4.2 billion in investments by 2022.

Besides driving economic growth, deep tech also plays a key role in addressing socio-economic challenges in India. With a population of over 1.4 billion, the country is facing many issues in food security, agriculture, healthcare and education. Advanced technologies, especially biotechnology and AI, can provide optimal solutions to improve the quality of life and optimize public services.

How can India take advantage?
India has a promising innovation ecosystem with an excellent technology workforce, rapid adoption of digital services, and a strong entrepreneurial spirit. In particular, the country has an advantage in AI talent, allowing businesses to develop AI models that apply or exploit AI in specific areas of expertise.

However, to truly become a deep tech powerhouse, India needs to invest heavily in research infrastructure, support startups, and accelerate the commercialization of technology initiatives. A combination of supportive policies, strategic investments, and an innovative spirit will be key to helping India realize its ambition of becoming a leading deep tech hub in the world.