“Budget 2026 should strengthen innovation ecosystems that move ideas from labs to markets, through translation support, including entrepreneurs’ training of researchers, applied research, and clear commercialization pathways, so that innovation in AI and emerging technologies drives new ventures, productivity, and high-value employment,” Ajay Kela, chief executive officer & board member, Wadhwani Foundation, said.
India is now the world’s third-largest startup ecosystem, but the next phase of high-value jobs and economic growth will depend on deep-tech innovation and how well research translates into enterprises and jobs.
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