
The central budget focused on new and emerging technologies, as Finance Minister Nirmala Sithaman announced a national framework for world capacity centers (GCCS), which for education at AI for education. The rupee is the Center of Excellence, and a deep tech of funds, said the fund. ‘The beginning of the next generation will be searched to muttered.
A new fund of funds, which is also expanded with an extended scope and a fresh partnership of Rs 10,000 crore.
A national framework for states will be developed as guidance for states to promote global capacity centers in 2 emerging cities. This will propose measures for the availability of talent and infrastructure, the construction of bioolation reforms, and the industry sharing methodology.
“I announced the virtue of three centers in agriculture, health and artificial intelligence for agriculture, health and sustainable cities in 2023. Now a center of a great center in artificial intelligence for education should be set up with Rs 500 crore. “
Startups have a reasons for happiness that a new ‘funds’ fund is also with the expanded circle and an additional contribution of Rs 10,000 crore will be set up.
“Alternative Investment Funds (AIF) have received promises of more than Rs 91,000 crore for startups. They have been supported by the funds of funds, including official contributions of Rs 10,000 crore. Now, a new fund of funds, which is a new fund, and a fresh contribution of Rs 10,000 crore.
Gaja Capital Managing Partner Gopal Jain said the introduction of a new fund for AIFS, and the focus of a centrality for AI in education, is all “promising measures” to promote knowledge -powered economy.
To improve capital access, credit guarantee cover will be extended for startups, from Rs 10 crore to 20 million, guaranteed fee of 27 focus sectors in 27 fox sectors for India There will be moderate up to 1 %.
Bruce Keith, co -founder’s CEO, Investment believes that deep tech funds are announced, while looking forward to details, the relatively smal provided to the ‘Dippec’ lens when needed to look through the ‘Dipic’ lens The quantity can be done with capital. Teams.
“We expect the Venture Capital Environmental System to fund these businesses,” Keith said.
It is important to mention here that India has been developing the GCC landscape for the past five years and the total number of such centers has increased by more than 1,700 centers in FY24 with 2,975 centers.
Partners and GCC Industry leader, Grant Thorntin India, said the budget focus on enhancing the availability of skills and infrastructure in tire -2 cities is an important step in strengthening India’s global capacity environmental system.
“By opening access to a broader talent pool, including professionals who prefer to live in their hometowns, this move will enhance the stability and maintaining manpower. Improved infrastructure will further enable smooth operations, This will make the tires attractive for the highest global work.
Singh said that since GCC is included in strategic centers for innovation and technology, this expansion will lead to comprehensive development, reduce regional differences, and India will gain position as a global leader in digital and business services. And it has been noted that a well -divided GCC network will ensure a long time. Term flexibility, scalebuability, and global competition.
“The establishment of the Fund’s Deep Tech Fund will empower India’s deep tech entrepreneurship, and the global competitiveness of India in the AI race will fuel. Due to a constant challenge to the capital, policy measures started with rupees. Credit guarantee coverage will increase.
“Currently, India is the smallest talent demand supply gap and is on the way to seek skilled talent surplus by 2030. The expansion of IIT and the establishment of the AI Centers of Excellence (Coz) emerged. India’s talent pool will be strengthened in technologies, especially in AI. Will do