India, Nov. 1 -- Deeptech and semiconductor startups, along with top venture capitalists (VCs), yesterday urged commerce minister Piyush Goyal to introduce targeted tax incentives to spur investments in the deeptech sector.

The demands came during a roundtable in Bengaluru, which saw representatives of 35 deeptech startups and over 30 leading VC firms interact with Goyal.

The startups also underscored the need for extending Startup India recognition benefits for deeptech ventures beyond the current 10-year limit and bring further clarity around FCRA-related rules for R&D funding.

They also emphasised the need for flexibility in fund regulations and reforms in Department of Scientific and Industrial Research (DSIR) registration norms to...