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Latest InfoTech News, IT, Information Technology News | The HinduBusinessLine

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The Hindu Group, SRMIST inaugurate two-day Deep Tech Summ...
2026-04-06 · via Latest InfoTech News, IT, Information Technology News | The HinduBusinessLine
( from left ) LV Navaneeth, CEO, The Hindu Group; Panneerselvam Madanagopal, CEO, MeitY Startup Hub; Amitesh Kumar Sinha, Additional Secretary, MeitY and CEO- India Semiconductor Mission; C  Muthamizhchelvan,Vice- Chancellor, SRM Institute of Science and Technology; and B Govindarajan, CEO, Royal Enfield India at the inaugural session of The Hindu DeepTech Summit 2026 presented by SRM Institute of Science and Technology, in Chennai.

( from left ) LV Navaneeth, CEO, The Hindu Group; Panneerselvam Madanagopal, CEO, MeitY Startup Hub; Amitesh Kumar Sinha, Additional Secretary, MeitY and CEO- India Semiconductor Mission; C Muthamizhchelvan,Vice- Chancellor, SRM Institute of Science and Technology; and B Govindarajan, CEO, Royal Enfield India at the inaugural session of The Hindu DeepTech Summit 2026 presented by SRM Institute of Science and Technology, in Chennai. | Photo Credit: BIJOY GHOSH

“The Ministry of Electronics and IT, in partnership with other ministries, is doing something in deep tech, and there is push from the government on policy front,” said chief guest Amitesh Kumar Sinha, Additional Secretary, Ministry of Electronics and Information Technology (MeitY), and CEO, India Semiconductor Mission. He was addressing the audience during the inaugural ceremony of The Hindu Deep Tech Summit 2026 by The Hindu Group, in association with the SRM Institute of Science and Technology (SRMIST) here on Monday.

“Semiconductors form an industry with many verticals. Though India accounts for nearly 20 per cent of the world’s design engineers, we don’t have our own design companies which is a challenge. The India Semiconductor Mission has a few verticals to address, and we started with design, manufacturing, and packaging,” Sinha said. “To further deepen this conversation, we are now working towards developing a complete ecosystem under the India Semiconductor Mission 2.0. This will expand beyond the first phase to include materials, research and development, chemicals, gases, equipment manufacturing, and skilling,” he added.

LV Navaneeth, CEO,The Hindu Group, said deep tech is no longer confined to laboratories and research papers. He said that it is shaping economies, redefining industries, and influencing the way people live, work and think. “From semiconductors and artificial intelligence to advanced materials and space technologies, the next decade belongs to those who can engineer the future, not just imagine it,” he added.

C Muthamizhchelvan, Vice Chancellor, SRM Institute of Science and Technology said that the universities have been sending out talented graduates but not always solutions. “A deep tech summit like this will eventually bridge the gap between intellectual potential on campuses and the expected impactful solutions for the global challenges. The question we need to ask is are we really equipping our students how to build, what to think? Do we have sufficient infrastructure for laboratories for students and faculties to explore beyond what is prescribed in the curriculum and are we opening up to industries?” he said.

Panneerselvam Madanagopal, CEO, MeitY Startup Hub, (MSH), Ministry of Electronics & Information Technology, said that the need for industry-academia collaboration is extremely critical. “Mentoring, market access, and money are the support that we provide at MeitY Startup Hub. But the challenge today in India is we have a lot of me-too start-ups. We need to look for fundamentally strong companies which are worthy of investment, solving real problems, and driving change in the ecosystem,” he added.

role of deep tech

B Govindarajan, CEO of Royal Enfield India, spoke about the role of deep tech in the automobile industry. He also said that there is immense opportunity for MSMEs too, today about how six crore MSMEs in India are performing well. “For the young minds who are into research and innovation, funding is not a challenge – both Indian industries and the government are ready to support ideas that solve real-world problems,” he said.

The industry partner for the event is Madras Management Association and the Knowledge partners include IHFC, Technology Innovation Hub of IIT Delhi, Ivy Club – Chennai, Sathguru Catalysing Success, 2C Stem Steering Technology Management, BIRAC, Bio-Nest, Niti Aayog Atal Innovation Mission, DPIIT #startupindia, and the ecosystem partner is Startup Singam.

Published on April 6, 2026