Page 3 - India's R&d Spending

Autocomp R&D spend less than 1% of current turnover: Sunjay Kapur

Sunjay Kapur talks about how more needs to be done in research, but investments also need a large market size

India's double brain drain

India's best and brightest still prefer employment with foreign corporations, whether in India or abroad, to maximise skills honed in Indian institutions

Govt may bring incentive scheme to push R&D in auto component sector

Auto industry is investing in R&D, more needs to be done, especially as the pace of electrification accelerates

No country can progress without embracing technology: EAM Jaishankar

No country can progress without embracing technology and research and development, Union External Affairs Minister S Jaishankar said on Monday. Interacting with the students of NIT Delhi as part of the BJP's mega public outreach to mark nine years of the Narendra Modi government, Jaishankar advised them to understand local and global developments. "Globalisation has broken down the boundaries between inside and outside and you should understand what is happening around you," he said citing the impacts of the Covid pandemic and Ukraine war on the prices of petroleum products and food grains. No nation can become developed without embracing technology and research and development, the minister said. Under the leadership of Prime Minister Narendra Modi, several changes have taken place in the last nine years, he said. Citing Modi's recent visit to the US, Jaishankar said, "He has a different image, especially in the democratic world as a senior experienced and credible leader." The

Towards a National Innovation System

Indian industry must see R&D as its way of building a future based on proprietary technology

Centre plans to simplyfy patent laws to spur R&D: SERB secretary

The Centre on Tuesday said it was mulling over making the Indian Patent Act, 1970 more simplified and research-friendly for product oriented results. Addressing the CII Global Science, Research and Innovation Summit, Akhilesh Gupta, senior adviser at the Department of Science and Technology, said while India grants an average of 23,000 patents per annum, it lacks the culture of patents filing. Gupta, who is also secretary of the Science and Engineering Research Board (SERB), said the time duration for filing of patents and the same being granted is three years in India against the global average of two years. He said the central government is looking to simplify the patent laws to encourage research, development and innovation in the country. According to the National Education Policy (NEP) 2020, all funding agencies of research in the country will merge into a single entity -- National Research Foundation (NRF) -- with an objective to catalyse quality research in the country. It w

Specialty scale-up, product mix: Sun's medicine cabinet piques brokerages

In the near term, higher R&D costs and a recent acquisition to weigh on earnings growth

Next-generation tech

Govt's focus on 6G will enable R&D

R&D: India's missing giants

India needs some giant investors in in-house R&D. Let's start with our most successful firms

TMS Ep372: Spam calls, R&D spend, gold financing companies, LCA Tejas

Why do Indians still get so much spam? Why is India Inc's R&D spend so low? Should you add gold financing companies to your portfolio? What is LCA Tejas? All answers here

Boosting pharma research

Govt should not solely depend on monetary incentives

Govt clears 15 R&D projects worth around Rs 32.25 cr in key strategic areas

The 5th Mission Steering Group chaired by Union minister Piyush Goyal on Friday cleared 15 R&D projects worth around Rs 32.25 crore in key strategic areas such as speciality fibre, protective textiles, high-performance textiles, geotextiles, medical textiles, sustainable textiles and textiles for building materials. The projects have been approved by the government under the National Technical Textiles Mission. "Encouraging young engineering minds to pursue technical textiles in India is the need of the hour. A broad guideline under start-up scheme was discussed and may be finalised on priority targeting aspiring innovators, entrepreneurs and young scientists," an official statement said. Addressing the meeting, textiles minister Goyal said leading textile manufacturers and institutes should come together to indigenously develop strategic and high-value technical textile products with support of National Technical Textiles Mission. Among these 15 R&D (Research & ...

Budget should allocate funds on R&D to develop pesticides, organic manure

The Union budget to be presented by Finance Minister Nirmala Sitharaman on February 1 should look forward to allocating funds on research and development (R&D), said a top official of Insecticides India Limited.

Planet Scuba India ropes in CREST to manufacture dive equipment in India

The company will introduce CREST Diving to DRDO's DEBEL and will aim to make India an alternative to China as a manufacturer of dive equipment

Private sector should invest in technology, boost R&D to help economy: CEA

Chief Economic Advisor V Anantha Nageswaran on Monday said the private sector needs to invest more in technology and research and development, and pay the MSME suppliers on time to help the economy. Stating that Indian economy cannot remain exempt from the global challenges but it remains resilient and is poised for a rebound as the banking system is better, inflationary issues are peaking out and ongoing recovery is healthy, the CEA said. It is to our credit so far that we have managed to keep the impact at more manageable levels so far. But it should require continuous vigilance, continuous action and discipline for policymakers, he said while speaking at a virtual meeting with the Calcutta Chamber of Commerce. Citing examples of several economies facing very high inflation, Nageswaran said India is in a relatively better position and the majority of its sectors are doing quite well despite market volatility and inflation. Nageswaran emphasised the need to focus on R&D and ...

A grand strategy for technology

India cannot count on businesses to lead its technological drive

FDI inflow in R&D sector grows six-fold YoY to Rs 344 million in 2021

Karnataka attracted the most FDI in this space, followed by Telangana and Haryana. Flows into Karnataka were up more than 250% YoY

e-con Systems opens new site in Bengaluru, eyes $10 million funding

e-con Systems plans to ramp up employee base by 50%, with focus on salesforce and R&D personnel

R&D jobs in India increase by 42% in 3 years; searches up too: Indeed

Job postings in R&D also grew by over 40 per cent between May 2020 and 2021, said Indeed. Among job seekers, searches for roles in R&D increased 21 per cent in the last three years

BS Number Wise: Indian private sector's R&D aversion

Share of companies not reporting any spending on research is increasing; two sectors contribute to most of the spending