Overview
- Commerce Minister Piyush Goyal, speaking at Bharat Innovates 2026 in Nice on Tuesday, urged investors, family offices, corporates and venture funds to “get into action” and start investing in India now.
- Goyal said the government will channel almost the entire second tranche of a Rs 10,000 crore Fund of Funds into deep‑tech innovators, signalling a policy tilt toward capital‑intensive, research‑driven startups.
- He called on Indian industry to partner with startups on manufacturing so companies can use India as a launch pad to reach global markets and tap free trade agreements for market access.
- The minister urged researchers, universities and firms to run joint R&D programmes to shorten the time from discovery to market and asked for ideas to make returning to India easier for overseas Indian innovators.
- Those measures build on the government’s existing startup action plan and could speed commercialisation, create manufacturing jobs and expand export opportunities if private capital and industry co‑investments follow.