Why is India behind in deeptech: We have Mangalyaan “frugality” hangover
Been diving into the state of deeptech in India lately, and it’s becoming clear:
We’ve overglorified how we reached Mars for less than the cost of a Hollywood movie. And in doing so, we’ve sent the wrong message to builders:
Do more with less. Forever.
That’s not how deeptech works. It lacks the signal that it’s okay to fail in the pursuit of frontier innovation. Most deeptech is uncertain, long-drawn, and capital-hungry. You don’t build the future by rationing ambition.
In the US, government funding drives foundational innovation: from DARPA to the CHIPS Act.
In China, state-led guidance funds and public procurement create the first big customers for deep-tech startups.
India spends just ~0.64% of GDP on R&D, vs ~2.4% China, ~3.5% US.
Even in AI innovation the India IT minister praised DeepSeek's low-cost AI, and compared it how our $1.25 billion bounty is huge. Compare this with $9.3 billion in China and a whopping $109 billion in the US. Again, the same chorus on frugality.
The State’s participation in bolstering deeptech is… well.. poor at best.
The government needs to commit to public procurement in deep‑tech, like China. Let startups serve ministries, PSUs, the defence sector. The China model is fascinating in this regard: big guidance funds, low-interest loans, and R&D deductions tailored for deep‑tech.
I’m convinced that the only way conviction gets built in this sector is when we have strong participation from the State. And when the State understands that failures are stepping stones to success, we attract builders to take bold, audacious bets.
Would love to hear a counter opinion on this. And, oh, please tag your favourite deeptech stratups from India - still blindsided on that one.
24 views
Liked by
Comments
Participate in the conversation.
Never miss a post from
Adithya Venkatesan
Get notified when Adithya Venkatesan publishes a new post.
Read More
Book: Half-truths and whole numbers - Interesting data points
Page 20: Uttar Pradesh, with over 200 million people, recorded just over 10,000 cases of grievous hurt in 2014. In contrast, London, with under 9 million people, recorded over 70,000 cases of assault with injury offences, according to its police statistics for 2014-15. London’s c...
Untitled
What happens when you mix India’s startup dreams, small-town hustle, and a desi sense of humour? You get a book that feels less like a business lecture and more like a late-night chai chat with your ambitious friend who’s already cracked the code. The Startups of Bharat by Aditya...

Sameer Gudhate presents the Book Review of Sanatana & Science by Pankaj Lochan
Have you ever had a moment when you realized that ancient wisdom might have been far ahead of modern science? That our ancestors, without the internet, satellites, or microscopes, somehow possessed an intricate understanding of the cosmos, physics, and human nature? Sanatana &...

Untitled
What if your wildest travel dream — one you scribbled in a notebook between office meetings — actually came true? That’s the kind of question that kept buzzing in my head as I flipped through The Bharatyaan. Raghuveer Janyavula, an IT professional by day and a dreamer at heart, p...

Navigating the Debate on Work Culture and Leadership in Corporate India
In recent times, the discourse around work culture in India has been reignited by comments from prominent leaders like the Chairman of L&T and Mr. Narayana Murthy. Their advocacy for extended work hours, including a 90-hour work week and working on Sundays, has sparked widesp...
My Happy Place
A lot of friends ask me. Some wonder secretly. Why do I build random stuff? The answer is simple. It makes me happy.I have benefited immensely from the stuff I have built. Personal satisfaction has been the biggest benefit. But when you have stuff to show, it also becomes ...
De Daan Chhootey Grahan
8-Apr-2024 - New England will be in the path of a solar eclipse.
