India’s Focus on R&D and Innovation
India has launched a Rs. 1 lakh crore private-sector R&D fund and allocated Rs. 20,000 crore for innovation in Budget 2025. With initiatives like Anusandhan National Research Foundation (ANRF), AI Center of Excellence (AI CoE), Atal Innovation Labs, and PLI-driven R&D reforms, India aims to scale research, create unicorns and boost global tech competitiveness.
Recent Developments
- The Union Cabinet has approved the RDI (Research, Development and Innovation) Scheme with a corpus of Rs. 1 lakh crore to encourage private sector investment in research and innovation.
- The Anusandhan National Research Foundation (ANRF) was established to promote R&D and a culture of research ....
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