Govt Boosts Startup Ecosystem: Turnover Limit Doubled to Rs 200 Cr, New Deep Tech Category

• The government has expanded the definition of startups, doubling the turnover threshold for recognition from Rs 100 crore to Rs 200 crore.
• A new 'Deep Tech Startup' category has been introduced for entities focusing on cutting-edge technologies, with an extended age limit of 20 years and a turnover limit of Rs 300 crore.
• This move addresses the unique requirements of deep tech entities, which often have long gestation periods, high R&D intensity, and capital-intensive development cycles.
• Startup recognition eligibility has been extended to cooperative enterprises, including multi-state cooperative societies and those registered under State/UT Cooperative Acts, to foster grassroots innovation.
• The reforms aim to provide a more predictable and inclusive policy environment, expanding access to benefits for research and innovation-driven enterprises and attracting long-term capital into high-technology sectors.