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India plans to invest $25 billion in startups
India is preparing to inject $25 billion to support deep-tech companies, aiming to strengthen its position in the global technology race and reduce dependence on advanced foreign technology. The investments include supporting startups in artificial intelligence, semiconductors, aerospace, and space technology, with a focus on developing local companies to counter American restrictions and minimize geopolitical risks. Although the sector is still in its early stages, there is a surge in innovation and a shift from prototype development to commercial marketing, with a significant funding gap compared to the United States.
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