The Government of India has launched a new initiative to co-develop technologies with Israeli startups. The focus areas include quantum computing and space technologies, which are viewed as crucial pillars of India’s tech strategy for the coming decade. By tapping into Israel’s technological expertise, India aims to boost its capabilities in critical sectors that are set to shape the future of global innovation.
In parallel, India’s agritech sector is experiencing exponential growth. According to a recent Reserve Bank of India (RBI) report, India now hosts 19 soonicorns (startups expected to become unicorns) and 40 minicorns (early-stage promising startups) in agritech. The increasing use of AI, big data, and precision farming technologies is transforming India’s agricultural landscape. These startups are playing a vital role in helping farmers optimize crop yields, reduce waste, and improve supply chain efficiency.