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India has approved a $1.1 billion state-backed venture capital fund targeting deep tech and advanced manufacturing.
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India has approved a $1.1 billion state-backed venture capital fund targeting deep tech and advanced manufacturing.

Originally reported by TechCrunch

India has approved a $1.1 billion state-backed venture capital fund targeting deep tech and advanced manufacturing. By doubling the deep tech startup classification period to 20 years, the policy provides the patient capital essential for hardware-heavy additive manufacturing R&D. Raising revenue thresholds to $33 million ensures scaling 3D printing firms retain critical tax benefits. This systemic shift accelerates India's goal of securing a 5% global market share in 3D printing. 🚀 #AdditiveManufacturing #DeepTech #VentureCapital #3DPrinting #IndiaManufacturing

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