Creating a Deep Tech Revolution: India's Path to Becoming a Developed Nation by 2047

Kris Gopalakrishnan emphasizes the importance of transforming research into tangible technology products to build India's deep tech ecosystem. Encouraging collaboration between academia and industry, attracting global investment, and fostering innovation are crucial steps towards achieving the nation's vision of becoming a developed country by 2047.

Senior entrepreneur and Axilor Ventures Chairman Kris Gopalakrishnan emphasizes the urgent need for India to convert its research into practical technological advancements. Speaking at the India AI Impact Summit, Gopalakrishnan stated that creating a robust deep tech infrastructure is essential for India to reach its goal of becoming a developed nation by 2047.

He highlighted the potential of deep tech startups, many of which originate from academic and lab research. Gopalakrishnan underscored the need for a nurturing environment to foster these enterprises, which can draw global investment. Already, Indian startups are starting to allure foreign capital, signaling a positive trend for the sector.

Gopalakrishnan further advocated for enhanced cooperation between academia and industry to drive innovation. Citing successful models like IIT Madras' research park, he mentioned the Confederation of Indian Industry's initiative fostering connections between enterprises and startups. This initiative helps address industry challenges and fosters growth in emerging sectors like artificial intelligence.

(With inputs from agencies.)