"Extensive R&D is the answer for that and Government of India is in process of creating a separate dedicated deep tech startup policy. The policy paper is now in the final stages of inter-ministerial discussion. We hope to bring it forward soon. We will move towards creating funds of funds. Hopefully you will see separate window for deeptech startups," Singh said.

"I see a lot of founders starting a lot of companies, and I ask them why did you start this company, and the answer is 'I want to make a lot of more money' I don't think that works because that leads to bad governance calls... that's not the purpose with which you should start a company," he said while addressing a packed hall.

Rajesh Kumar Singh, Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), a division of the commerce ministry, expressed optimism regarding the Prime Minister's potential visit. Singh highlighted the significance of the event, emphasizing its monumental scale, which surpasses previous iterations by over 100 times.

Goyal expressed optimism about the role of startups as the backbone of "New India," echoing Prime Minister Narendra Modi's vision of leveraging the entrepreneurial spirit to propel the nation forward. He emphasized the need for successful startups to seize the moment and capitalize on the opportunities presented by India's burgeoning startup ecosystem.