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India-U.S. deep tech corridor discussed at Palo Alto seminar
Organizers described the current moment as significant for India-U.S. technology collaboration, citing increased public investment
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Pranavi Sharma - Fri, 08, May 2026
- 01:21 EDT
- 15
Consul General Srikar Reddy Koppula giving a special address. / X
India’s expanding deep technology sector and growing cross-border investment opportunities were the focus of a seminar hosted at TiE Silicon Valley in Palo Alto on May 6.
Titled “Understanding the Indian Deep Tech Opportunity: Building the India–US Corridor,” the event brought together deep tech founders, investors, corporate venture leaders and policy professionals to discuss collaboration between India and the United States in sectors including semiconductors, artificial intelligence, quantum technology, biotechnology, space and advanced manufacturing.
The seminar was supported by the Consulate General of India in San Francisco, India Deep Tech Alliance and TiE Silicon Valley.
In a special address, Consul General Srikar Reddy Koppula described India’s Research, Development and Innovation Scheme as a “game changer.”
Consul General @srikar_koppula, in a special address at the seminar “Understanding the Indian Deep Tech Opportunity: Building the India–US Corridor” on 6 May, 2026, called India’s Research, Development, and Innovation Scheme a game changer. With a corpus of ₹1 lakh crore ($12… pic.twitter.com/ZCU72Vwj7J
— India in San Francisco (@CGISFO) May 7, 2026
According to organizers, the scheme has a corpus of ₹1 lakh crore, or about $12 billion, over six years and is intended to support long-term investment in sectors including semiconductors, space, quantum technology, artificial intelligence, biotechnology and advanced manufacturing. The initiative also aims to increase private sector participation in research and development.
The event focused on what organizers described as the emerging India-U.S. deep tech corridor, where government-backed funding and private investment commitments are converging to support Indian technology companies.
Organizers said more than $2.5 billion in private commitments has been mobilized through the India Deep Tech Alliance, an industry-led consortium of U.S. and Indian investors and corporations. The alliance includes firms such as Accel, Premji Invest, Blume Ventures, Kalaari Capital, Nvidia, Qualcomm Ventures, Applied Materials and Lam Research.
The seminar was held at the TiE Silicon Valley facility on California Avenue in Palo Alto from 4 p.m. to 6:30 p.m. Pacific time.
Speakers included Dr. Nishith Desai, founder of Nishith Desai Associates, and Anita Manwani, president of TiE Silicon Valley.
Organizers described the current moment as significant for India-U.S. technology collaboration, citing increased public investment from the Indian government and growing private sector interest in Indian deep tech startups.
The materials also highlighted TiE Silicon Valley’s role in connecting entrepreneurs, investors and technology professionals across India and the United States. Founded in 1992, TiE has expanded into a global network with 63 chapters across 16 countries.
The seminar examined how public capital, private investment and industry networks could contribute to the growth of India-based deep technology companies over the next several years.
Discover more at New India Abroad.
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