Three reasons why India’s deep tech startups are hamstrung, as per NASSCOM co-founder

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While India has earned global acclaim for its prowess in software production, led by the likes of Tata Consultancy Services (TCS) and Infosys, the country lags behind in emerging technologies. The explosion of artificial intelligence capabilities has led to a debate over the reasons why India has lagged behind countries like the US and China in the deep tech space.

There are at least three reasons — dearth of resources, a surplus in regulations, and lack of unity among startups — for the limited progress, according to Harish Mehta, the first…



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Three reasons why India’s deep tech startups are hamstrung, as per NASSCOM co-founder


While India has earned global acclaim for its prowess in software production, led by the likes of Tata Consultancy Services (TCS) and Infosys, the country lags behind in emerging technologies. The explosion of artificial intelligence capabilities has led to a debate over the reasons why India has lagged behind countries like the US and China in the deep tech space.

There are at least three reasons — dearth of resources, a surplus in regulations, and lack of unity among startups — for the limited progress, according to Harish Mehta, the first…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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