India’s Tech Set for Global Rise: BITS VC
By Business Desk
BITS VC Ramgopal Rao predicts India’s homegrown tech, built on indigenous IP and talent, will lead global innovation and create new industries.
Indian-developed technology is set to dominate globally, driven by indigenous innovation and a unique ecosystem, according to BITS Group Vice Chancellor Ramgopal Rao.
📌 What Happened?
BITS Group Vice Chancellor Ramgopal Rao declared that technology proving successful in India can achieve global success, advocating for India to build its own innovation hub.
He pushed for companies to emerge from science and intellectual property created within Indian universities, leveraging the nation’s vast talent and large-scale problems.
Rao specifically called for homegrown solutions in crucial sectors like semiconductors, healthcare, agriculture, and artificial intelligence.
Unlike software, deep technology demands years of research, rigorous testing, certification, and significant capital investment before hitting the market.
BITS Pilani already excels here, with 11 alumni on the Avendus Wealth-Hurun India U30 List 2026, thanks to its decades-old entrepreneurship culture and a practical ‘New Venture Creation’ course.
💰 Why It Matters
This vision signals a massive pivot for India, moving from a tech adopter to a global tech innovator, promising strategic independence and a stronger national economy.
Investing in indigenous deep tech could spark entirely new industries, create high-quality jobs, and significantly boost manufacturing and exports.
The focus on universities building a complete pipeline from research to market impact offers a fresh model for wealth creation, beyond just quick startup valuations.
For smart investors, this highlights compelling long-term opportunities in sectors where India’s unique challenges become springboards for globally scalable solutions.
👀 What to Watch Next
Keep an eye on how industry and government step up to provide critical test beds and become early customers for deep tech startups, a move Rao stressed is more impactful than just initial funding.
Watch for increased collaboration between Indian universities and patient capital providers, crucial for bridging the gap from lab breakthroughs to market-ready products.
Monitor the expansion of interdisciplinary academic programs, like those at BITS Pilani, as they foster the diverse thinking essential for innovation in complex fields like drug discovery and climate technology.