Search
India Extends Recognition Period for 'Deep Tech' Startups, Increases Public Funding Support for Long-Term Innovation
15 hour ago /
Read about 0 minute
Author：小编
The Indian government has recently adjusted its policy framework for startups, offering greater support to enterprises in 'deep tech' sectors such as aerospace, semiconductors, and biotechnology. The new regulations extend the maximum period for deep tech companies to be recognized as 'startups' from 10 years to 20 years, while raising the annual revenue cap for enjoying tax breaks, government funding, and regulatory benefits from 1 billion rupees to 3 billion rupees, approximately equivalent to $33.12 million. This move aims to align with the longer commercialization cycles of research and engineering-driven enterprises.
-
C114 Communication Network -
Communication Home
7 X 24 Track global technological trends
