Deep tech startups, VCs seek tax incentives, regulatory clarity

A number of deep tech and semiconductor startups, along with venture capital firms, on Thursday interacted with Commerce and Industry Minister Piyush Goyal to discuss measures to strengthen the innovation ecosystem, including tax incentives, and extended Startup India benefits, an official statement said on Friday.

Goyal said the government remains committed to strengthening India’s deeptech ecosystem, enhancing ease of doing business, reducing compliance burden, and promoting innovation and entrepreneurship.