IIT Madras Alumni Association

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Sitharaman flags AI, semiconductors and quantum tech as India’s next frontier

Finance Minister Nirmala Sitharaman said India must move faster to build the hardware, skills and institutional base needed to compete in artificial intelligence, semiconductors and quantum technologies. Speaking at a fireside chat organised by the IIT Madras Alumni Association, she framed the emerging stack as a strategic frontier for startups, industry and national capability. Her remarks underscore a broader policy shift: India is no longer treating deep tech as a niche innovation story, but as a core economic and strategic priority that will require sustained investment, talent development and ecosystem coordination.

By RDU Global Wire5 min read

Macro Economy & Fiscal Policy11h ago

India Can Grow Beyond 10%, Sitharaman Says, Urging Tech Push Across Sectors

Union Finance Minister Nirmala Sitharaman said India is capable of achieving economic growth of more than 10 per cent, arguing that faster adoption of technology and innovation could lift productivity across agriculture, startups and industry. Speaking in Bengaluru, she said the country must overcome cynicism and accelerate its march toward Atmanirbhar Bharat and Viksit Bharat.

5 min readRead →

Science, Space & Research5h ago

Sitharaman Says AI, Semiconductors and Quantum Tech Are India's Next Big Investment Frontier

India's finance minister Nirmala Sitharaman has called for a major push into artificial intelligence, semiconductors and quantum technology, arguing that the country must invest more aggressively in hardware, skills and institutions to stay competitive. Speaking in Bengaluru, she also pushed back against foreign perceptions that India has "missed the AI bus," saying much of the country's innovation remains underrepresented in public markets despite a growing startup base.

8 min readRead →

Startups & Venture Capital6h ago

IIT Madras sets bold startup target: 1,000 ventures by 2032, with one IPO a month in sight

IIT Madras has unveiled an ambitious long-term startup roadmap, aiming to nurture about 1,000 startups by 2032 and see at least one of them go public every month, Director Prof. V. Kamakoti said. The institute said it has already incubated 583 startups with a combined valuation of Rs 83,000 crore, underscoring its growing role as one of India's most influential deep-tech and entrepreneurship hubs.

5 min readRead →

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Nirmala Sitharaman(1)New Delhi(1)