India, April 5 -- Former NITI Aayog CEO Amitabh Kant believes that India's advancement not only depends in the hands of corporates but on the innovation of young startups.

Speaking at the ongoing Startup Mahakumbh, Kant said it is essential for India to have a strong foundation in deeptech, including artificial intelligence, mobility, battery storage and green hydrogen, as these sectors provide a huge market opportunity to startups.

The G20 Sherpa further said that India has to maintain its sovereignty in technology. "We must build an end-to-end AI ecosystem and not just the application layer."

"Startups must get into the areas of AI, machine learning, blockchain and big data as disruption in these areas will be very critical. The futu...