India Raises Deep Tech Startup Revenue Threshold to ₹3 Billion, Extends Classification Period to 20 Years
Government updated startup framework doubling deep tech company classification period from 10 to 20 years and raising revenue threshold for tax, grant and regulatory benefits from ₹1 billion to ₹3 billion. The changes aim to support longer development cycles required by space, semiconductor, and biotech startups while mobilizing public capital for commercial product development.
Source: TechCrunch ↗