Indian Polity Current Affairs Analysis
The office of the Principal Scientific Adviser had put out a draft National Deep Tech Start-up Policy for public comment on July 31.
The purpose of the policy is to “ensure India’s position in the global deep tech value chain”, in areas such as semiconductors, artificial intelligence, and Space technology.
Characteristics of Deep Techs
Early-stage technologies based on scientific or engineering advancements, which are yet to be developed for any commercial applications
It produces a solution along an unexplored pathway based on new knowledge within a scientific or engineering discipline or by combining knowledge from multiple disciplines.
Creationand owning of Intellectual Property (IP) isdistinguishing parameter of deep-techs fromnon-deep tech startups
India’s draft policy document on deep tech cites Startup India’s database, which claims that there are 10,298 start-ups recognised by the Department for Promotion of Industry and Internal Trade which are classified across various sub-sectors within the larger deep tech space as of May 2023.
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