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Source-This post on DPI to propel deep-tech innovation has been created based on the article “The budget paved a path for DPI to propel deep-tech innovation” published in “Live Mint” on 28 February.
UPSC Syllabus–GS paper 3- Awareness in the fields of IT, Space, Computers, Robotics, Nano-technology, Bio-technology.
News-The article discusses the potential of Digital Public Infrastructure to promote deep-tech innovation in India. DPI to propel deep-tech Innovation
What is Digital Public Infrastructure?
Digital public infrastructure (DPI) refers to blocks or platforms such as digital identification, payment infrastructure and data exchange solutions that help countries deliver essential services to their people. For ex-Aadhar,Digiyatra,UPI etc.
What is deep-tech innovation?
It refers to those startups whose business model is based on high tech innovation in engineering, or significant scientific advances. For ex-AI (Artificial Intellignce), ML (Machine learning), Blockchain etc.
A detailed article on R&D Funding and Deep Tech can be read here.
How can DPI advance deep-tech innovation?
1) Open architecture of DPI– It has allowed fin-tech companies to reduce their cost for customer acquisition and create products and services built on open DPI.
2) Valuable factor of production– It could serve as an especially valuable factor of production. It would enable startups to access and deploy critical technologies at scale.
3) Innovation in diverse fields– DPI for AI computing will provide avenues for startups to innovate and deploy deep-tech solutions in sectors such as healthcare, biotechnology, green-tech, climate modelling and urban development.
4) Democratize technology access – A focused DPI strategy which includes domains such as cloud computing and sovereign artificial intelligence (AI) can democratize technology access.
It can also reduce the barriers to entry for startups looking to join the tech ecosystem and empower startups to leverage deep-tech solutions.
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What are the steps taken by the government?
1) Draft National Deep Tech Startup Policy (NDTSP) 2023-The government has crafted a policy framework to provide a conducive environment for companies operating in deep tech sectors.
2) Strategic alliances for deep tech– Partnerships with countries such as the EU, US, Japan and Russia can provide Indian startups with the resources and capabilities needed to innovate and thrive.
For ex-India’s Centre for Development of Advanced Computing (C-DAC) is already engaged with its US and EU counterparts to deploy high-performance computing for climate change, biohazards etc.
