Expect to see 10,000 deep tech Indian startups by 2030: Nasscom’s Narayanan

The Indian deep tech startup ecosystem has come of age with over 3,000 companies that have grown at 53 per cent CAGR over the last 10 years, according to a report by Nasscom, the apex body for the $245 billion technology industry in India.

In an interview with Peerzada Abrar on the sidelines of the Future Forge event in Bengaluru last week, Ramkumar Narayanan, chairperson of Nasscom’s DeepTech Council and vice president of technology and managing director VMware India, said by 2030, Nasscom expects to see at least 10,000 deep-tech startups from India and many of them to be world-recognised in their spaces.