Bharat Innovates: Building the ecosystem for India’s deeptech future
Executive Take
India is building state-backed plumbing to turn lab research into companies, not just startups chasing quick exits. Executives should watch which academic institutions and industry pilots actually convert into procurement contracts, because that is where real commercial traction will show up first.
Executive Summary
Bharat Innovates 2026, led by India's Principal Scientific Adviser office with DST, IN-SPACe, DPIIT and NITI Aayog, reviewed 3,000+ applications and selected 120 deeptech ventures across energy, biotech, semiconductors, AI and space. India now has 4,000+ active deeptech startups, 21,400+ research institutions and a Rs 1 lakh crore RDI Scheme plus Rs 10,000 crore Deep Tech Fund of Funds backing the sector.
Why It Matters
Technology and startup leaders should note that Indian deeptech now has government-backed capital and 300+ large corporations actively partnering with startups, a 30% year-on-year jump. GCC and industry leaders sourcing R&D or manufacturing capability from India get a clearer map of where credible IP-led ventures are emerging.