India's R&D Spending

India's new Rs 1 lakh crore RDI Fund aims to accelerate deep-tech innovation with long-term, low-interest capital, boosting private-sector research in frontier technologies

India must boost R&D spending and focus on market-oriented research to compete globally, as ISF honours six scientists with the Infosys Prize 2025, says K Dinesh

The government has rolled out a Rs 210-crore, three-year critical minerals research programme led by ANRF and the Ministry of Mines, restricted to nine Centres of Excellence

Rajnath Singh's ₹32,000-crore R&D push boosts defence PSUs, even as overall R&D spend among Nifty 100 firms stays low relative to revenue

Move follows Defence Minister Rajnath Singh's call for greater investment and manpower in R&D to develop new technologies and boost indigenisation and exports

For RDI to deliver fully, it must be backed by reforms in public procurement to actively support locally developed products

Union Minister Pralhad Joshi announced Rs 100 crore funding for green hydrogen R&D start-ups with up to Rs 5 crore per project, and launched a safety panel under NGHM

The RDI Scheme should fund firms with adequate absorptive capacity - but which firms and how will be key

Telecom operators urge the government to stop using DBN funds for R&D at IITs and demand clarity, equitable access, and industry participation under DBN Rules 2024

Today's opinion page takes a closer look at the RDI scheme, India's R&D lapses, the current account deficit, and whether the RBI's changes to project finance are a good idea in the long run

RDI scheme to provide 50-year interest-free loans via ANRF to fund managers; focus on AI, quantum, biotech, digital agriculture and critical strategic technologies

With ₹20,000 crore already allocated, the ANRM innovation fund will support private-sector R&D in critical technologies like EVs, clean energy, and deep tech

Nithin Kamath says India must focus on boosting labour participation, productivity, and R&D spending to achieve sustainable, long-term growth

L&T Technology Services on Wednesday said it has signed an MoU with BITS Pilani and the Centre for Research and Excellence in National Security (CRENS), to drive R&D and skill development in areas critical to national security. Hosted at the Birla Institute of Technology and Science (BITS) Pilani's Hyderabad campus, CRENS will be the central hub for this collaboration, engaging with law enforcement, industry specialists, and academic researchers to drive technological innovation and comprehensive skill development. Participation from defence experts, including former leaders from the armed forces and the Defence Research and Development Organisation (DRDO), will also be seen, a company statement said. "This landmark collaboration aims to drive Research & Development (R&D), innovation, and skill development in areas critical to national security, including cybersecurity, perimeter security, digital forensics, and emerging technologies," it said. LTTS and BITS Pilani ...

India's startup ecosystem still falls short of structures that support deep tech

City-based drone maker ideaForge is planning higher R&D spend this fiscal year, as it develops technology and product platforms in the unmanned aerial vehicle (UAV) space. With the government committed to fostering domestic drone research, development, and manufacturing, continuous innovation through product and market research is essential for sustained growth in the UAV sector, the company said. "The R&D (research and development) spend last year was 22 per cent of our revenues. This year, depending on the revenue, the base may shift, but it will be on the higher side as compared to FY24," Ankit Mehta, co-founder and chief executive officer at ideaForge Technologies Ltd said. The company's consolidated revenue from operations in fiscal year ended March 31, 2024 stood at Rs 314-crore, while the Profit After Tax was at Rs 45.27 crore. For the latest December quarter, it reported a consolidated loss of Rs 24.02 crore. It had posted a PAT of Rs 14.7 crore in Q3FY24, while the ...

The schemes were launched at the 'Catalysing R&D in the Indian Steel Sector' sector event, organised by the Ministry of Steel in the national capital

This surge is also being driven by India's cost advantages compared to Western countries, 90 per cent faster project startup times, and global supply chain realignments

Global pharma company Alkomex GBN looks to expand its research and development footprint in India and has roped in nutraceuticals expert Sanjay Agrawal to spearhead its strategic initiatives in the country, a statement said on Monday. Alkomex GBN has formed a partnership with Dr Sanjay Agrawal, a renowned Indian expert in health management and nutraceuticals, and has appointed him as the Scientific Advisor for Alkomex GBN, the statement said. "His leadership will be instrumental in driving our growth as we continue to expand our footprint in the nutraceutical and functional food sectors," Alkomex CEO Alex Meneses Vega said. Agrawal will be based in Ahmedabad and will spearhead the US firm's research and strategic initiatives, it said, adding that he will guide the company's R&D efforts and integrate Indian research into Alkomex's global operations. The partnership is expected to significantly strengthen Alkomex GBN's capabilities in developing scientifically-backed nutraceuticals .

The success story of a few dozen firms could fire Indian industry to build proprietary technology and deploy it worldwide