Deep-Tech Opportunity

Great nations rarely lead the world until they learn to push the frontiers of technology. Until their entrepreneurs radiate the confidence of industry disruptors. And until their companies execute the dreams of these entrepreneurs.

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Today, there lies a great challenge in deeptech, defined as 'disruptive solutions around unique, protected or hard-to reproduce technological or scientific advances' by global consulting firm BCG. While International Finance Corp. says deep-tech companies are R&D intensive and multi-disciplinary, working on technologies based on scientific or engineering breakthroughs that have commercialisation potential. These include artificial intelligence (AI), machine learning, materials, advanced manufacturing, biotechnology, nanotechnology, drones, robotics, photonics, electronics, clean-tech, space-tech and life sciences.

India's march towards Viksit Bharat (developed nation) needs to nurture an array of breakthroughs in these areas to place the nation on its rightful pedestal. Hundreds of deep-tech businesses are emerging in sectors such as space, healthcare, AI and robotics, mobility and infrastructure, among others.