India transforms into a global 'Deep Tech Hub,' boosting AI and semiconductor startups.

India is shifting from an IT outsourcing hub to a 'Deep Tech Hub,' thanks to the government's reforms aimed at fostering innovation. Minister Hardeep Singh Puri credits Prime Minister Narendra Modi's policies for attracting Indian talent back to the country, leading to a boom in startups in areas like AI, semiconductors, and space tech. This transformation has made India the third-largest startup ecosystem globally, reversing the trend of 'brain drain.'

November 24, 2024
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