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Union commerce and industry minister Piyush Goyal has announced a second tranche of Rs 10,000 crore to promote innovation and strengthen the deep tech ecosystem.
“We are formulating guidelines to ensure that this money is directed towards promoting innovation, facilitating the absorption of newer technologies, and supporting the development of contemporary technologies,” Goyal said at the sixth edition of IIT Madras and IITM Alumni Association’s Sangam 2025 event in Bengaluru.
The current fund, part of the flagship Fund of Funds (FoF), was first…
