India To Become Global Engine Of Innovation | $12B Research Boost | Piyush Goyal скачать в хорошем качестве

India To Become Global Engine Of Innovation | $12B Research Boost | Piyush Goyal

Piyush Goyal, Union Minister of Commerce and Industry, announced that the second edition of India's startup fund of funds will be dedicated almost entirely to deep tech investments, particularly early-stage risk capital. This initiative aims to prevent deep tech ecosystem participants from selling equity early on. Goyal highlighted the government's commitment to innovation with the '$12 billion Anu Sandan Fund', a research grant/low-cost loan of up to one lakh crores, intended to promote innovation across the country. He stated that this fund is equivalent to about a hundred billion dollars worth of research in Europe or America, and with private sector financing, it will contribute to innovation and new ideas. Goyal emphasized the 'spirit of Swadeshi' as a factor for India's long-term growth and sovereignty, highlighting the importance of resilient supply chains, indigenous technologies, and control over essential supplies. He affirmed India's national resolve to transition from being merely the 'back office of the world' to becoming a 'global engine of innovation'. #PiyushGoyal #DeepTech #StartupIndia #Innovation #AnuSandanFund #Swadeshi #MakeInIndia #TechnologicalSovereignty #IndianEconomy #ResearchAndDevelopment #GlobalInnovation #RiskCapital #GovernmentPolicy #IndiaTech #FutureOfIndia ----------------------- Thank You for watching! Do not forget to Like | Comment | Share ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I Facebook:   / businesstoday   twitter:   / business_today   Instagram:   / business_today