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ARTICLE · 20 SEPTEMBER 2023

Draft National Deep Tech Startup Policy 2023

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The Prime Minister's Science, Technology, and Innovation Advisory Council (PM-STIAC), at its 21st meeting dated 7 July 2022, had recommended the creation of a national consortium and a working group...

IndiaCorporate/Commercial Law

Introduction

The Prime Minister's Science, Technology, and Innovation Advisory Council (PM-STIAC), at its 21st meeting dated 7 July 2022, had recommended the creation of a national consortium and a working group to propose a comprehensive policy framework to address the needs of, and strengthen, the Indian deep tech startup ecosystem.

Consequently, the draft National Deep Tech Startup Policy (Policy) was released by the national consortium for public consultation and feedback on 31 July 2023. The draft policy, which is open for public comments until 15 September 2023, is geared towards driving innovative growth in the field of technology for bolstering productivity and enhancing India's global capability and standing.

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