New Delhi: Union Commerce and Industry Minister Piyush Goyal on Wednesday said that reducing foreign dependence and strengthening domestic technological capabilities is crucial for India’s future as a global innovation hub. Speaking at TiEcon Delhi 2025 — India’s largest deeptech event organised by TiE Delhi-NCR — the minister outlined the government’s vision to build a vibrant and self-reliant deeptech ecosystem driven by innovation and youth engagement.

“India’s digital transformation over the past decade has created unprecedented opportunities, from financial inclusion through Jan Dhan and Aadhaar to the UPI revolution and nationwide 5G access,” said Goyal. “As we move towards becoming a global engine of deeptech innovation, through AI, quantum computing, semiconductors and emerging t

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