Research And Development

Company aims to grow investment in seed R&D post-split into new entity called 'Vylor'

TDB Secretary Rajesh Kumar Pathak talks about use of the fund, emerging areas of focus, safeguards against foreign takeovers, and measures to address conflicts of interest in the investment committee

India's engineering research and development (ER&D) sector is projected to surpass USD 100 billion in revenue by 2030, driven by the integration of Artificial Intelligence (AI) into core engineering workflows, IT industry body Nasscom said on Tuesday. The sector, which is estimated to generate USD 63 billion in revenue in FY26, is witnessing a significant shift as engineering becomes increasingly software-defined, data-driven and intelligent. "Global ER&D spending is projected to reach USD 2.482.50 trillion by 2030, growing at a CAGR of 89 per cent between CY24 and CY30. With an estimated revenue of USD 63 billion in FY26, India's ER&D services revenue is projected to cross USD 100 billion by 2030. Technological disruption and a sharper focus on innovation and value are creating new areas of demand," Nasscom said. Nasscom's report, titled 'Physical AI Redefining ER&D opportunity for India', suggests that demand will evolve in three waves. The first wave will see the ..

India's R&D spending has hit a record 0.84% of GDP, but reaching the global technology frontier will require much higher private-sector investment and smarter public funding

The company has increased spending on sales and marketing, cut general and administrative costs, revamped sales teams in some businesses

To close the gap with China, Indian policymakers must view R&D not merely as an expenditure, but as a strategic process of building organisational capability

Private wealth built the institutions that gave India its scientific capability long before the nation had economic strength or independence. There is a need to do it again

Gross R&D spending rose to Rs 2.45 trillion in FY24, while private industry overtook the government as the largest contributor to research funding

The selected startups include Fermbox Bio, Revelations Biotech, 4baseCare, Sea6 Energy and Telluris Biotech, the sources said

India has the talent and startup momentum, but unless its largest companies invest boldly in R&D, the country risks falling behind in global innovation

Renault India announced a strategic partnership with the Indian Institute of Technology (IIT) Kanpur to strengthen vehicle research and development capabilities in India. As part of the collaboration, Renault India will utilise IIT Kanpur's National Wind Tunnel Facility (NWTF) to conduct advanced aerodynamic and wind-noise testing for its passenger vehicles, the company said in a statement. "This partnership marks an important step in strengthening Renault's engineering capabilities in India," Renault Group India Chief of Engineering Vikraman V said. He further said, "By collaborating with IIT Kanpur and leveraging the NWTF, we are bringing together world-class research infrastructure and Renault's global engineering expertise to develop futuREady vehicles." Commenting on the partnership, Alakesh Chandra Mandal, Department of Aerospace Engineering & Co-Ordinator, NWTF said,"This collaboration highlights the versatility of the NWTF and represents an important opportunity to extend .

Coal India on Tuesday said it plans to invest around Rs 1,900 crore on research and development activities by FY2030 in its efforts to increase mine productivity and cut emissions. With this move, the company also plans to commercialise cleaner coal technologies and explore alternate energy avenues in line with the evolving energy landscape. The company's R&D push gained traction in 202425 with the launch of the National Centre for Coal and Energy Research (NaCCER), organised on a hub-and-spoke model, CIL said in a BSE filing. Since then the company has moved beyond proof-of-concept work and is concentrating on prototype development at Technology Readiness Levels of 4 and higher. CIL's R&D expenditure increased four-fold to Rs 245 crore in 2024-25, from Rs 61 crore in 2023-24. At present, 19 R&D projects, with a total outlay of Rs 225 crore, are being executed by reputed scientific institutions under the direct oversight of NaCCER. In addition, 13 projects with pilot-scale

Experts say attracting global Indian-origin researchers is only part of the challenge; industry linkages, technology transfer and research commercialisation will determine impact

The proposed programmes are expected to focus on areas including teacher education, curriculum studies, and educational research, marking a significant shift for NCERT

The ₹1 lakh crore RDI Fund aims to create a deep-tech asset class and mobilise up to ₹10 lakh crore through private-sector innovation and research

Underscores need to strengthen "middle manufacturing", describing it as a missing link in India's industrial ecosystem

Companies' R&D spending hit a decadal low in FY25 as most of them prioritised record shareholder payouts over critical technological innovation

Economist Ashok Gulati of the Indian Council for Research on International Economic Relations (Icrier) said government spending on agriculture R&D is "not even peanuts" by global standards

Current education system does not create the expertise required to achieve leadership in a complex, nuanced, and multidisciplinary field like semiconductors

Modi says industry must shed reluctance on R&D, focus on global-quality output and embrace sustainability to tap opportunities unlocked by recent free trade agreements