Jammu, March 19 -- The annual Startup Mahakumbh event hosted discussions around the growing deep tech sector in India and the government's plans to nurture innovative startups in advanced technologies. Department for Promotion of Industry and Trade Secretary RK Singh revealed that consultations on a dedicated deep tech policy are in the final stages, aiming to soon release guidelines supporting high-risk, high-reward ventures.

Deep tech refers to sector-transforming solutions like artificial intelligence, augmented reality, blockchain, and other cutting-edge areas with potential for widespread societal impact. Singh addressed the need to boost India's global innovation ranking by empowering deep tech entrepreneurs through facilitating po...