Page 4 - India's R&d Spending

Rethinking innovation in defence

Revitalising public R&D could transform innovation, and give meaning to our doctrine of strategic autonomy

Top pharma firms to hike R&D spend next 5 yrs as mkt eyes $130 bn revenue

Industry captains feel pandemic has opened up opportunities for the sector in India to emerge as a second source of raw material and finished products, after China

Supportive regulations to promote R&D will guide govt's approach: FM

Supportive policies and light-touch regulations to build domestic capacities and promote research & development will guide the government's approach, Finance Minister Nirmala Sitharaman said on Tuesday. Presenting the Union Budget 2022-23, Sitharaman said government contribution will be provided for R&D in "sunrise opportunities". "Artificial Intelligence (AI), Geospatial Systems and Drones, semiconductor and its ecosystem, Space Economy, genomics and pharmaceuticals, green energy, and clean mobility systems have immense potential to assist sustainable development at scale and modernise the country," she said. These areas provide employment opportunities for youth and make Indian industry more efficient and competitive, the minister added. "Supportive policies, light-touch regulations, facilitative actions to build domestic capacities, and promotion of R&D will guide the government's approach," Sitharaman said. She added that for R&D in these sunrise opportunities - in

Three R&D projects approved under India-Israel tech innovation fund

Deliberating on widening the scope of India-Israel Industrial R&D and Technological Innovation Fund (I4F), the two countries have approved three joint R&D projects worth $5.5 million and suggested measures to create a broader India-Israel collaborative ecosystem.

Significant R&D investment required as part of climate action: Yadav

Significant research and development investment, particularly from developed economies of Europe is required to decarbonise energy as a part of climate action in developing countries, Union Environment Minister Bhupender Yadav said on Tuesday. Speaking at a session on 'Future of Sustainable Technologies in India-Europe Partnerships' organised by FICCI LEADS 2021 event on the theme 'Future of Partnerships', Yadav said that in any climate action, clean energy derived especially from renewable energy plays a vital role. "We need to bring together the power of innovation across the world, with significant R&D investment, in particular, from developed economies of Europe. This would enable us to solve the challenge of decarbonising energy, as well as cement and steel, in a manner that is low on cost and allows for rapid deployment in developing economies," he said. The minister said India has much to offer and share in terms of its experience with other countries embarking on a similar

Nearly 0.7% of GDP spent on R&D, strengthening of S&T infra from 2014-19

Nearly 0.7 per cent of the GDP was spent every year on research and development, including strengthening of science and technology infrastructure, during 2014-15 to 2018-19, Rajya Sabha was informed on Tuesday. In a written response to a question in Rajya Sabha, Science and Technology Minister Jitendra Singh said the Gross Expenditure on Research and Development (GERD) has been consistently following an increasing trend and during the last 10 years, the GERD of India in gross terms has increased by three times. However, the investments by the private sector to R&D have been inadequate. Unlike other advanced countries where more than 70 per cent contribution of GERD comes from the private sector, in India the private sector contribution to GERD is less than 40 per cent, he said. "As per the latest available R&D statistics, nearly 0.7 per cent of GDP (gross domestic product) is spent every year on R&D, including strengthening Science and Technology infrastructure during ...

No 'jugaad': Businesses must raise R&D spend, says Economic Survey

India's gross expenditure on R&D is 0.65% of GDP, significantly lower than top 10 economies' spend of 1.5-3%

Listed firms spent Rs 36,000 crore on R&D in 6 years, just 0.9% of revenues

As a percentage of GDP, R&D spends in India have averaged 0.7 per cent in the past six years, ICICI Securities's analysis showed

Govt launches website to support entities involved in R&D in coal sector

The government on Friday announced the launch of a website for entities involved in research and development (R&D) in the coal sector. The website, which has been designed and developed by Coal India subsidiary Central Mine Planning and Design Institute, was launched by Coal Secretary Anil Kumar Jain. "The website will help in disseminating and promoting the knowledge and research work in the coal sector," Jain said. The website broadly displays the guidelines for implementing coal research projects with various forms, so that anybody can submit proposals in requisite manner. It also has lists and outcomes of complete projects and ongoing researches to have a transparency and avoid repetitive nature of projects. It also showcases photos, videos and news clippings related to the coal and lignite sector, and various publications are also available on the website. The website also contains identified thrust areas for future coal research keeping in view the future needs of the ...

Experts suggest policy changes to boost coronavirus research & development

Funding Covid-related research now included in CSR spends

Lack of R&D, funding, and vision holding back Indian leather makers

The third of a 5-part series analyses the reasons behind the shrinking foothold of the sector

CARE downgrades Hindustan Aeronautics' rating as receivables rise

HAL is majorly owned by the government and has a strategic role in the defence programme.

Samsung to recruit 1,200 engineers from IITs, BITS for India R&D this year

The South Korean giant hired 1,000 engineers last year from top engineering colleges including IITs, NITs and IIIT, giving a thrust to New-Age domains like AI, IoT, Machine Learning among other things

R&D spends rise for India Inc, but still a fraction of net sales

Tata Motors tops with Rs 4,224.6 cr, or 1.4% of its net sales. A lot of it is due to JLR

India Inc's expenditure on R&D declines to lowest level in six years

Lower expenditure by pharmaceutical companies may be a key reason for the fall

Target R&D expenditure of 2% of GDP by 2022, says PM economic panel

The growth in R&D expenditure should be commensurate with the economy's growth and should be targeted to reach at least 2 per cent of the GDP by 2022, according to the Economic Advisory Council to the Prime Minister (EAC-PM). In a report titled 'R&D Expenditure Ecosystem', the EAC-PM said that the line ministries at the Centre could be mandated to allocate certain percentage of their budget for research and innovation for developing and deploying technologies as per the priorities of the respective ministries. "The growth in R&D expenditure should be commensurate with the growth of GDP and should be targeted to reach at least 2 per cent of GDP by 2022," the report said. It pointed out that India's public investment in R&D as a fraction of GDP has remained stagnant over the last two decades. It has remained constant at around 0.6 per cent to 0.7 per cent of GDP and this is well below the major countries such as the US (2.8 per cent), China (2.1 per cent), Israel (4.3 ...

Automobile R&D investments soar on new regulations, emerging technologies

Multiple factors have driven the increase in R&D spending

Already at snail's pace, India Inc's R&D spending slowing down further

Low single-digit growth for the biggest of Indian companies

India's R&D spending is up but least among all BRICS nations

As much as 81.3% of R&D expenditure incurred by central government sources came from just eight major scientific agencies