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Economic Times
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'India has 3,600 deep tech startups with potential to address complex societal challenges'
- Dubai, India houses over 3,600 startups in the deep tech sector which has the potential to address complex societal challenges including those related to healthcare, climate change, and cybersecurity.
- Over 100 Indian ICT (information and communications technology) companies are displaying their products and solutions at the GITEX 2024.
- India has over 3,600 deep tech startups, with over 480 being established in 2023 itself, Sagar said at the inauguration of the Indian pavilion at the GITEX 2024.
- Showcasing India's deep tech capabilities would be the focus at this year's participation, Sagar said.
- The high-tech products on display include solutions and devices relating to artificial intelligence (AI), cybersecurity, mobility, sustainable technologies, fintech, and banking solutions, among others.
- ESC's India pavilion was inaugurated by Sunjay Sudhir, Ambassador of India in Abu Dhabi, and addressed by Satish Kumar Sivan, Consul General of India, Dubai.
- ESC envisages abundant opportunity for close tie-ups on a bilateral and multilateral basis for promoting the Indian deep tech sector for developing complex solutions in multiple sectors.
- Kamal Vachani, Regional Director of ESC-Dubai, said India's participation at GITEX 2024 is showcasing its cutting-edge products and solutions.
- The Middle East region, Vachani said, is one of India's important markets for Indian ICT products and IT solutions.
- ESC signed two agreements at the inauguration of the GITEX 2024 as part of its drive to engage with similar organisations abroad and to create a platform for extended trade and investment negotiations.
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