On January 4th, during the 42nd Foundation Day of the Department of Scientific and Industrial Research (DSIR) in Delhi, Union Minister Dr. Jitendra Singh announced a significant change for deep-tech startups. The requirement for these startups to exist for three years before qualifying for recognition under DSIR’s Industrial Research and Development Promotion Program has been lifted. This move aims to boost India’s startup ecosystem by giving early-stage innovators a chance to grow and secure support right from the start.
Dr. Singh emphasized the growing importance of India’s innovation landscape. He mentioned that the ₹1 lakh crore Research, Development and Innovation (RDI) Fund has stirred excitement among entrepreneurs. Traditionally, funding for startups required proof of sustainability over three years, but this new change is designed to help deep-tech startups thrive sooner.
The minister compared the relationship between DSIR and CSIR to a family, where both support each other’s strengths. This collaboration is crucial in transitioning India from being import-dependent to an exporter of technology, especially in health and medical sectors. For example, India’s vaccine manufacturing capability has become recognized worldwide.
Women are increasingly taking part in this innovation story. Currently, over 10,000 women benefit from various DSIR schemes, showcasing a shift in India’s innovation culture. Dr. Singh highlighted the role of women-led initiatives in fostering community and economic development.
The event also introduced four new initiatives aimed at further strengthening innovation in India:
- Guidelines for Recognizing In-House R&D Centers for Deep-Tech Startups
- PRISM Network Platform – TOCIC Innovator Pulse
- Creative India 2025 Program
- DSIR Disaster Management Plan
These initiatives are designed to create a more robust framework for collaboration between startups and governmental support.
Dr. N. Kalaiselvi, Secretary of DSIR, pointed out the organization’s vital role in bridging gaps between government, academia, and industry. Her comments reflect a broader strategy to enhance the visibility and impact of scientific research in national development.
Prof. Ajay Kumar Sood, India’s Principal Scientific Advisor, discussed the need for technology sovereignty, especially in today’s geopolitical climate. He underscored the significance of advancing research from the lab to market, ensuring that India remains competitive globally.
As for user reactions, many young entrepreneurs are excited about these changes. They see this initiative as a fresh start for innovation without the previously stringent limitations. This enthusiasm echoes sentiments from several social media platforms, where discussions around startups have surged.
The relaxation of the three-year existence rule signals a confident stride toward nurturing technological innovation in India. As companies grow faster, the nation’s focus on self-reliance will likely steer them toward new markets and opportunities. This development isn’t just about celebrating past achievements; it’s about paving the way for a future ready to embrace challenges and innovations.
