The domestic deeptech sector relies heavily on foreign imports for vital items, including chips, battery cells, rare-earth magnets, and specialized materials. Sourcing delays triggered by geopolitical unrest, such as the Russia-Ukraine war, have severely hampered spacetech ventures. Rocket-development startups face months-long procurement timelines that impede their ability to plan and execute operations. These extended wait times continue to stall essential development schedules across the ecosystem.
Key points
International geopolitical tensions are creating extended supply bottlenecks that threate…: International geopolitical tensions are creating extended supply bottlenecks that threaten domestic deeptech development schedules.
Space technology startups are finding it increasingly difficult to plan and execute produ…: Space technology startups are finding it increasingly difficult to plan and execute product testing roadmaps on time.
Heavy reliance on external component manufacturing leaves advanced engineering sectors ex…: Heavy reliance on external component manufacturing leaves advanced engineering sectors exposed to overseas trade shocks.
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Bengaluru: Indian deeptech companies remain heavily dependent on imports for critical components such as chips, battery cells, rare-earth magnets and specialised materials, with geopolitical tensions stretching procurement timelines from weeks to months and disrupting development and testing schedules.The founder of a spacetech startup developing rockets said geopolitical tensions, including the Russia-Ukraine war, disrupted the supply of
India's deeptech dream remains import dependent for critical components
Synopsis
The founder of a spacetech startup developing rockets said geopolitical tensions, including the Russia-Ukraine war, disrupted the supply of critical components. “Parts that were earlier available within weeks are now taking months to arrive, making it harder for startups to plan development and testing schedules,” the founder said, requesting anonymity.
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