India’s R&D Spending Doubles in a Decade, Reaches Rs 1.27 Trillion
ECONOMY & POLICY

India’s R&D Spending Doubles in a Decade, Reaches Rs 1.27 Trillion

“India R&D spending (GERD) is double in last one decade during the government headed by Prime Minister Narendra Modi, from Rs 601.96 Bn in 2013-14 to Rs 1.27 trillion and is shaping the future economy of India which will be defined by homegrown innovations in artificial intelligence, biotechnology, and quantum computing,” Dr Jitendra Singh said, underscoring the role of government-backed initiatives in catalysing scientific advancements.

Speaking at the DISHA event at India Habitat Centre here, the Union Minister of State (Independent Charge) for Science and Technology; Earth Sciences and Minister of State for PMO, Department of Atomic Energy, Department of Space, Personnel, Public Grievances and Pensions highlighted the government's multi-pronged strategy to position India as a global leader in deep-tech innovation and commercialization.

Dr Singh reiterated that India is making significant strides in fostering an intellectual property (IP)-driven innovation ecosystem, with academia, industry, and startups playing a pivotal role. He noted that the government’s emphasis on research and development (R&D) funding has led to India’s Gross Expenditure on Research and Development (GERD) more than doubling in the last decade, from Rs 601.96 billion in 2013-14 to Rs 1.27 billion. “The government is not only investing in research but also ensuring that these innovations are seamlessly transitioned from labs to industries, strengthening the foundation of Atmanirbhar Bharat,” he added.

The DISHA Program, an initiative aimed at Developing Innovations, Successful Harnessing, and Adoption, is a step towards building a knowledge-based economy where research-driven solutions transform industries. The program is designed to support faculty members and students working on disruptive technologies across disciplines, ensuring that India remains at the forefront of global innovation.

Dr Singh emphasized that initiatives like DISHA align with the Anusandhan National Research Foundation (ANRF), which seeks to create a unified research ecosystem bridging science, humanities, and social sciences. This integrated approach will empower Indian researchers to engage in cross-sectoral collaborations, pushing the boundaries of discovery and implementation.

One of the key highlights of Dr Singh’s address was India’s policy shift in allowing private sector participation in strategic fields such as space technology and nuclear research. “What was once solely the domain of government institutions is now open to private enterprises, enabling faster technological advancements, higher efficiency, and global competitiveness,” he stated.

News source: PIB

“India R&D spending (GERD) is double in last one decade during the government headed by Prime Minister Narendra Modi, from Rs 601.96 Bn in 2013-14 to Rs 1.27 trillion and is shaping the future economy of India which will be defined by homegrown innovations in artificial intelligence, biotechnology, and quantum computing,” Dr Jitendra Singh said, underscoring the role of government-backed initiatives in catalysing scientific advancements. Speaking at the DISHA event at India Habitat Centre here, the Union Minister of State (Independent Charge) for Science and Technology; Earth Sciences and Minister of State for PMO, Department of Atomic Energy, Department of Space, Personnel, Public Grievances and Pensions highlighted the government's multi-pronged strategy to position India as a global leader in deep-tech innovation and commercialization. Dr Singh reiterated that India is making significant strides in fostering an intellectual property (IP)-driven innovation ecosystem, with academia, industry, and startups playing a pivotal role. He noted that the government’s emphasis on research and development (R&D) funding has led to India’s Gross Expenditure on Research and Development (GERD) more than doubling in the last decade, from Rs 601.96 billion in 2013-14 to Rs 1.27 billion. “The government is not only investing in research but also ensuring that these innovations are seamlessly transitioned from labs to industries, strengthening the foundation of Atmanirbhar Bharat,” he added. The DISHA Program, an initiative aimed at Developing Innovations, Successful Harnessing, and Adoption, is a step towards building a knowledge-based economy where research-driven solutions transform industries. The program is designed to support faculty members and students working on disruptive technologies across disciplines, ensuring that India remains at the forefront of global innovation. Dr Singh emphasized that initiatives like DISHA align with the Anusandhan National Research Foundation (ANRF), which seeks to create a unified research ecosystem bridging science, humanities, and social sciences. This integrated approach will empower Indian researchers to engage in cross-sectoral collaborations, pushing the boundaries of discovery and implementation. One of the key highlights of Dr Singh’s address was India’s policy shift in allowing private sector participation in strategic fields such as space technology and nuclear research. “What was once solely the domain of government institutions is now open to private enterprises, enabling faster technological advancements, higher efficiency, and global competitiveness,” he stated. News source: PIB

Next Story
Technology

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

Next Story
Real Estate

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Next Story
Equipment

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement