The Petroleum Minister of India, Hardeep Singh Puri, highlighted the transformation of India from an IT outsourcing center to a Deep Tech Hub, attributing this change to government initiatives promoting innovation and entrepreneurship. The focus on innovation has attracted cutting-edge tech startups led by Indian students with global PhDs, marking a significant shift towards creating multinational companies within India. Reforms in the energy sector, particularly in Green Hydrogen technology and AI, demonstrate India's progress in technological advancements. The National Deep Tech Startup Policy aims to foster innovation in critical domains such as semiconductors, AI, and space tech, contributing to India's rise as the third-largest startup ecosystem globally. The reversal of brain drain, with Indian talent returning or staying in India for opportunities, reflects a substantial victory in retaining talent. The minister emphasized the importance of nurturing Indian talent in deep tech domains to sustain this momentum of innovation for future generations.