ET Startup Awards 2026 | Govt backing and patient capital propel India's leap into AI and chips: Satyan Gajwani

Economic Times TechOctober 12, 2026en

Gajwani said the ecosystem, once driven by fintech, food delivery, SaaS, commerce, quick commerce and direct-to-consumer brands, was witnessing founders focused on deep, proprietary technology. Indian startups are now building semiconductor chips, AI, robotics, clean energy technologies and new materials, while investors are shaping funds, willing to wait longer for these companies to mature.

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