Deeptech firms get separate startup status

The government has expanded the scope of the Startup India programme by formally recognising deep technology companies as a distinct category, while also easing eligibility norms for the broader startup ecosystem by raising the turnover threshold.

In a gazette notification, the Department for Promotion of Industry and Internal Trade (DPIIT) said the turnover limit for being recognised as a startup has been increased to Rs 200 crore from the earlier Rs 100 crore, with the age cap remaining unchanged at 10 years from the date of incorporation. In a significant policy shift,