India Extends Startup Recognition For Deeptech Firms

The Department for Promotion of Industry and Internal Trade issued a gazette notification on 4 February formally recognising deeptech startups under the Startup India programme and extending their eligibility to 20 years from incorporation. The framework raises the annual turnover cap for deeptech to Rs 300 crore, includes cooperative entities, and aims to preserve R&D-heavy ventures' access to capital and grants during lengthy commercialisation cycles.