The document provides an overview of the science and technology sector in India. Some key points:
- India has a large talent pool in science and technology with 162 universities awarding over 4,000 doctorates and 35,000 postgraduate degrees annually.
- R&D investments in India have been growing steadily, forecasted to reach $83.27 billion in 2018. Many multinational companies are establishing R&D centers in India.
- Government policies aim to promote both public and private sector involvement in research and development. Recent initiatives include programs to support startups and encourage innovation.
The document provides an overview of science and technology in India. Some key points:
- India has a large talent pool, with the third largest technical manpower in the world and 162 universities awarding over 4,000 doctorates annually.
- Government policies aim to promote both public and private sector involvement in research and development.
- Investments in research and development have been growing steadily, with India among the top 10 countries in the world for R&D spending.
- India is emerging as a global research and development hub, with the number of multinational company R&D centers growing significantly in recent years.
The document provides an overview of the science and technology sector in India. It discusses India's large talent pool with the third largest technical manpower globally. It also outlines the country's growing investments in research and development, with R&D expenditures forecasted to increase. The policy framework and initiatives by the government to promote innovation are also summarized.
The document provides an overview of science and technology in India. It notes that India has the third largest technical manpower pool globally and 162 universities awarding over 4,000 doctorates and 35,000 postgraduate degrees annually. Government policies aim to promote both public and private sector involvement in research and development. India's share of global scientific publications is rising at 12% annually and R&D investments have been growing steadily, positioning the country as a key global hub for research.
The document provides an overview of the science and technology sector in India. Some key points:
- India has a large talent pool in science and technology with the third largest technical manpower globally and many universities awarding advanced degrees.
- Government policies aim to promote public and private sector involvement in research and development.
- The sector has seen rising investments in recent years as more multinational companies set up R&D centers in India.
- Under the 2018-19 budget, the Department of Space was allocated over $1.6 billion, including $1.02 billion for R&D in spacecraft and launch vehicles.
The document provides an overview of the science and technology sector in India. Some key points:
- India has a large talent pool in science and technology with the third largest technical manpower in the world. It also has many universities awarding advanced degrees.
- Government policies aim to promote both public and private sector involvement in research and development. Investments in R&D from both domestic and multinational companies have been growing.
- The large consumer base and demand for innovative products provides opportunities for the science and technology sector in India.
The document provides an overview of the science and technology sector in India. It discusses India's large talent pool with the third largest technical manpower in the world. It also highlights the country's growing investments in research and development, with R&D expenditures forecasted to increase. Additionally, the document outlines key organizations supporting science and technology in India like the Council of Scientific and Industrial Research and Defence Research and Development Organisation.
The document provides an overview of the science and technology sector in India. It discusses India's large talent pool with the third largest technical manpower globally and 162 universities awarding thousands of doctorates and postgraduate degrees annually. It also outlines the country's growing investments in research and development, with R&D spending forecasted to increase. Additionally, the document highlights India's evolving policy framework and initiatives to promote innovation and position the country as a global science and technology leader.
The document provides an overview of the science and technology sector in India. It discusses India's large talent pool with the third largest technical manpower globally. It also outlines the country's growing investments in research and development, with India emerging as a top destination for global R&D. Further, it highlights the role of various government organizations and initiatives in promoting innovation and strengthening India's position in science and technology.
The document provides an overview of science and technology in India. Some key points:
- India has a large talent pool, with the third largest technical manpower in the world and 162 universities awarding over 4,000 doctorates annually.
- Government policies aim to promote both public and private sector involvement in research and development.
- Investments in research and development have been growing steadily, with India among the top 10 countries in the world for R&D spending.
- India is emerging as a global research and development hub, with the number of multinational company R&D centers growing significantly in recent years.
The document provides an overview of the science and technology sector in India. It discusses India's large talent pool with the third largest technical manpower globally. It also outlines the country's growing investments in research and development, with R&D expenditures forecasted to increase. The policy framework and initiatives by the government to promote innovation are also summarized.
The document provides an overview of science and technology in India. It notes that India has the third largest technical manpower pool globally and 162 universities awarding over 4,000 doctorates and 35,000 postgraduate degrees annually. Government policies aim to promote both public and private sector involvement in research and development. India's share of global scientific publications is rising at 12% annually and R&D investments have been growing steadily, positioning the country as a key global hub for research.
The document provides an overview of the science and technology sector in India. Some key points:
- India has a large talent pool in science and technology with the third largest technical manpower globally and many universities awarding advanced degrees.
- Government policies aim to promote public and private sector involvement in research and development.
- The sector has seen rising investments in recent years as more multinational companies set up R&D centers in India.
- Under the 2018-19 budget, the Department of Space was allocated over $1.6 billion, including $1.02 billion for R&D in spacecraft and launch vehicles.
The document provides an overview of the science and technology sector in India. Some key points:
- India has a large talent pool in science and technology with the third largest technical manpower in the world. It also has many universities awarding advanced degrees.
- Government policies aim to promote both public and private sector involvement in research and development. Investments in R&D from both domestic and multinational companies have been growing.
- The large consumer base and demand for innovative products provides opportunities for the science and technology sector in India.
The document provides an overview of the science and technology sector in India. It discusses India's large talent pool with the third largest technical manpower in the world. It also highlights the country's growing investments in research and development, with R&D expenditures forecasted to increase. Additionally, the document outlines key organizations supporting science and technology in India like the Council of Scientific and Industrial Research and Defence Research and Development Organisation.
The document provides an overview of the science and technology sector in India. It discusses India's large talent pool with the third largest technical manpower globally and 162 universities awarding thousands of doctorates and postgraduate degrees annually. It also outlines the country's growing investments in research and development, with R&D spending forecasted to increase. Additionally, the document highlights India's evolving policy framework and initiatives to promote innovation and position the country as a global science and technology leader.
The document provides an overview of the science and technology sector in India. It discusses India's large talent pool with the third largest technical manpower globally. It also outlines the country's growing investments in research and development, with India emerging as a top destination for global R&D. Further, it highlights the role of various government organizations and initiatives in promoting innovation and strengthening India's position in science and technology.
- India has a large consumer base and talent pool that is driving growth in its science and technology sector. It has the third largest scientific and technical manpower in the world.
- Policy support from the government and rising investments are helping to position India as a major player in science and technology. R&D spending and investments have been growing rapidly.
- Key sectors like pharmaceuticals are driving R&D growth in India. The country is now the sixth largest investor in R&D globally.
India is emerging as a major player in science, research and development:
- India ranks among the top 6 countries globally in terms of R&D investments, which are expected to reach US$77 billion in 2017.
- India has a large talent pool with the 3rd largest scientific workforce globally and 162 universities awarding over 39,000 postgraduate degrees annually.
- Patent filings in India have grown significantly, increasing by over 50% between 2006-07 and 2015-16, demonstrating increasing innovation.
India's spending on research and development is growing rapidly and helping the country emerge as a global innovation hub. R&D spending in India grew from US$62 billion in 2014 to an estimated US$77 billion in 2017, making India one of the top 10 countries in terms of R&D investment. India also has a large talent pool for R&D, with over 3 million science and engineering graduates annually and 162 universities awarding over 35,000 postgraduate degrees each year. The government is also supporting R&D growth through various policies and initiatives such as setting up of innovation centers and increasing funding for research. With rising investments from multinational companies and growing domestic spending, India's R&D sector is expected to
- India has a large talent pool in science and technology, with the 3rd largest technical manpower in the world and 162 universities awarding thousands of doctorates and postgraduate degrees annually.
- R&D investments in India have grown substantially in recent years, reaching over US$72 billion in 2016, and are estimated to reach US$77 billion by 2017.
- The Indian government has implemented various policies and initiatives to promote science, technology and innovation through public and private sector investments and partnerships.
- India has a large consumer base and talent pool that is driving growth in its science and technology sector. The government is also supporting this sector through various policies and initiatives.
- R&D investments and spending in India have grown significantly in recent years and India is now among the top countries globally in terms of R&D investments. It has the third largest pool of scientific talent in the world.
- Emerging areas such as pharmaceuticals are major growth drivers for R&D in India. The country is also attracting more overseas investments and multinational companies are setting up R&D centers in India, positioning it as a global R&D hub.
The document summarizes India's science, technology and research landscape. It notes that India has a large consumer base and talent pool that support its growing investments in research and development (R&D). India's R&D spending has increased significantly in recent years and it now ranks among the top six countries globally in annual R&D spending. The pharmaceutical industry is a major driver of R&D growth in India. Government policies aim to further promote public and private sector involvement in research.
The document provides an overview of the science and technology sector in India. Some key points:
- India has the third largest technical workforce globally and ranks 8th in the world for graduating students in science and engineering.
- Government policies aim to promote public and private sector R&D. Budget 2017-18 allocated USD597.46 million to the Department of Science and Technology.
- India presents opportunities for companies due to its large consumer base and demand for innovative products that meet local needs. Investments in India's science and technology sector have been growing.
The document provides an overview of India's science and technology sector. It notes that India has a large consumer base and talent pool that is driving demand for innovative products and R&D investments. Some key points:
- India has the 3rd largest scientific workforce globally and is emerging as a top R&D investor.
- R&D spending in India is growing rapidly and was estimated at $77 billion in 2017.
- The pharmaceutical sector is a major driver of R&D growth and global companies are establishing numerous R&D centers in India.
- Government policies aim to promote India as an S&T leader and encourage both public and private sector R&D.
The document provides an overview of science and technology in India. Some key points:
- India has a large talent pool, with the 3rd largest technical workforce globally. Government policies aim to promote public and private sector R&D.
- Investments in R&D have been growing, with the government allocating over $597 million USD in the 2017-18 budget for the Department of Science and Technology.
- India presents opportunities for companies due to its large consumer base and demand for technologically advanced products. The growing middle class is driving demand.
The document summarizes India's science and technology sector. It notes that India has a large consumer base and talent pool that support R&D growth. India's R&D spending has increased significantly in recent years, making it one of the largest R&D investors globally. The pharmaceutical industry is a major driver of R&D growth. Government policies aim to promote public and private sector involvement in research.
This document provides an overview of science and technology in India. It discusses India's advantages in the sector including a large talent pool, growing demand, rising investments, and policy support. The document outlines India's strong network of science and technology institutions and trained manpower. It also discusses the country's increasing investments in research and development, rising patent applications, and policies aimed at promoting India as an S&T leader. Local demand from India's growing economy and middle class is attracting more investments from multinational companies to set up R&D centers in India.
The document provides an overview of science and technology in India. Some key points:
- India has a large talent pool in science and technology, with 162 universities awarding over 4,000 doctorates annually.
- Government policies aim to promote public and private sector R&D. Recent budgets have allocated over $500 million to the Department of Science and Technology.
- Growing demand, rising investments, strong talent base, and supportive policies give India advantages in the science and technology sector. Foreign companies are increasingly setting up R&D centers in India.
- The number of patent applications from India has risen over 50% in recent years, though grants have declined slightly due to faster application processing.
The document provides an overview of science and technology in India. It notes that India has the 3rd largest technical manpower in the world and awards over 4,000 doctorates and 35,000 postgraduate degrees annually. Government policies aim to promote India as an S&T leader through public and private sector involvement in research. Rising investments from multinational companies establishing R&D centers in India are driving growth in the sector. The large consumer base and demand for innovative products also presents opportunities for companies.
The document provides an overview of science and technology in India. Some key points:
- India has a large talent pool, with the third largest technical manpower globally. Government policies aim to promote India as an S&T leader.
- Investments in R&D are growing, with many multinational companies establishing R&D centers in India, attracted by the large consumer base and talent.
- Government funding for science and technology has increased, with the 2016-17 budget allocating $597 million to the Department of Science and Technology.
- India has a strong network of science and technology institutions and produces thousands of graduates and doctorates annually.
- India has a large talent pool of over 162 universities that award over 4,000 doctorates and 35,000 postgraduate degrees annually, making it the third largest technical manpower pool globally.
- Government policies aim to promote public and private sector involvement in research and development. The 2016-2017 budget allocated $597 million to the Department of Science and Technology.
- Investments in research and development have been growing, attracting more multinational companies to set up research centers in India due to low costs and access to talent. National expenditure on R&D has increased threefold over the past decade.
- India has a large talent pool, strong policy support, and a growing consumer base demanding advanced technology products, which provides advantages for the science and technology sector.
- The government has implemented various policies and initiatives over the years to promote R&D and strengthen human and institutional capacities. This has resulted in rising investments from multinational companies seeking to tap opportunities.
- Factors like lower costs, a strong talent pool, and growing local demand are attracting more foreign R&D centers to set up in India, benefiting the overall science and technology landscape.
Analysis and Comparative Study of the Development of Technology with Artifici...ijtsrd
Advanced and Rapid development in the field of technology in recent times has been led by Artificial Intelligence which has profoundly changed development and life status of the world. Based on background, this paper traces the development in technology with Artificial Intelligence and the result of the application introduced for development and thus affected work culture and life in India. This paper studies the achievements in Artificial Intelligence based on technical aspects, studies the market of artificial intelligence and its development features, studies structural trend of application in the field of artificial intelligence and development with artificial intelligence and studies of competitions and associated patterns in the field of artificial intelligence. The focus remains on the outline of initiatives undertaken for advancement in the field of artificial Intelligence. Finally, to highlight the applications associated with artificial Intelligence, several examples of industrial and societal development are expounded and prospected. Chinmaya Naik | Sonali Jain | Jai Sehgal "Analysis and Comparative Study of the Development of Technology with Artificial Intelligence in India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-4 , June 2020, URL: https://www.ijtsrd.com/papers/ijtsrd31249.pdf Paper Url :https://www.ijtsrd.com/computer-science/artificial-intelligence/31249/analysis-and-comparative-study-of-the-development-of-technology-with-artificial-intelligence-in-india/chinmaya-naik
Make in India can be a path breaking campaign provided it is grounded by right policy measures and innovation ecosystem. Technology has a pivotal role in this and the efforts of the nation in promoting technological innovations have so far yielded limited success. Technology transfer requires easing FDI limits and other fiscal incentives. However, the past experience of technology transfers in military indicated failure to deliver by foreign partners. Liberalization as well as stringent conditions is hence important to make technology transfer through collaborations. Indian government has announced some fiscal incentives and welcomed collaborations. In the light of this, the need for developing competences for technology absorption has gained attention. The paper presents technology transfer and absorption issues for the success of Make in India.
The document provides an overview of trends in the Indian education sector. It notes that the preschool segment is growing and expected to reach $2.5 billion by 2017, while the overall education industry is estimated to reach $144 billion by 2020. The K-12 segment is seeing private schools adopt franchise models and collaborate with international brands. Schools are also increasingly investing in technology and smart classrooms. Government initiatives like expanding preschool programs and approving projects for research infrastructure will help drive growth.
- India has a large consumer base and talent pool that is driving growth in its science and technology sector. It has the third largest scientific and technical manpower in the world.
- Policy support from the government and rising investments are helping to position India as a major player in science and technology. R&D spending and investments have been growing rapidly.
- Key sectors like pharmaceuticals are driving R&D growth in India. The country is now the sixth largest investor in R&D globally.
The document provides an overview of science and technology in India. Some key points:
- India has a large talent pool, with the third largest technical manpower in the world. It awards thousands of doctorates and postgraduate degrees annually.
- Government policies aim to promote India as an S&T powerhouse and encourage public and private sector R&D. The budget allocated to the Department of Science and Technology has increased.
- Growing demand, a large consumer base, and lower costs have attracted increased investment in Indian R&D from multinational companies. Over 50% of global top 500 companies have R&D centers in India.
The document provides an overview of innovation and patents in India. Some key points:
- India's R&D spending reached an estimated USD 71.5 billion in 2016, making it the 6th largest R&D investor globally. The pharmaceutical sector is a major driver of R&D growth.
- Advantages for R&D and innovation in India include a large and growing domestic market, supportive government policies, and increasing private sector investments in R&D.
- Intellectual property rights filings in India have grown significantly in recent years, with trademarks making up the majority of applications.
- India has a large consumer base and talent pool that is driving growth in its science and technology sector. It has the third largest scientific and technical manpower in the world.
- Policy support from the government and rising investments are helping to position India as a major player in science and technology. R&D spending and investments have been growing rapidly.
- Key sectors like pharmaceuticals are driving R&D growth in India. The country is now the sixth largest investor in R&D globally.
India is emerging as a major player in science, research and development:
- India ranks among the top 6 countries globally in terms of R&D investments, which are expected to reach US$77 billion in 2017.
- India has a large talent pool with the 3rd largest scientific workforce globally and 162 universities awarding over 39,000 postgraduate degrees annually.
- Patent filings in India have grown significantly, increasing by over 50% between 2006-07 and 2015-16, demonstrating increasing innovation.
India's spending on research and development is growing rapidly and helping the country emerge as a global innovation hub. R&D spending in India grew from US$62 billion in 2014 to an estimated US$77 billion in 2017, making India one of the top 10 countries in terms of R&D investment. India also has a large talent pool for R&D, with over 3 million science and engineering graduates annually and 162 universities awarding over 35,000 postgraduate degrees each year. The government is also supporting R&D growth through various policies and initiatives such as setting up of innovation centers and increasing funding for research. With rising investments from multinational companies and growing domestic spending, India's R&D sector is expected to
- India has a large talent pool in science and technology, with the 3rd largest technical manpower in the world and 162 universities awarding thousands of doctorates and postgraduate degrees annually.
- R&D investments in India have grown substantially in recent years, reaching over US$72 billion in 2016, and are estimated to reach US$77 billion by 2017.
- The Indian government has implemented various policies and initiatives to promote science, technology and innovation through public and private sector investments and partnerships.
- India has a large consumer base and talent pool that is driving growth in its science and technology sector. The government is also supporting this sector through various policies and initiatives.
- R&D investments and spending in India have grown significantly in recent years and India is now among the top countries globally in terms of R&D investments. It has the third largest pool of scientific talent in the world.
- Emerging areas such as pharmaceuticals are major growth drivers for R&D in India. The country is also attracting more overseas investments and multinational companies are setting up R&D centers in India, positioning it as a global R&D hub.
The document summarizes India's science, technology and research landscape. It notes that India has a large consumer base and talent pool that support its growing investments in research and development (R&D). India's R&D spending has increased significantly in recent years and it now ranks among the top six countries globally in annual R&D spending. The pharmaceutical industry is a major driver of R&D growth in India. Government policies aim to further promote public and private sector involvement in research.
The document provides an overview of the science and technology sector in India. Some key points:
- India has the third largest technical workforce globally and ranks 8th in the world for graduating students in science and engineering.
- Government policies aim to promote public and private sector R&D. Budget 2017-18 allocated USD597.46 million to the Department of Science and Technology.
- India presents opportunities for companies due to its large consumer base and demand for innovative products that meet local needs. Investments in India's science and technology sector have been growing.
The document provides an overview of India's science and technology sector. It notes that India has a large consumer base and talent pool that is driving demand for innovative products and R&D investments. Some key points:
- India has the 3rd largest scientific workforce globally and is emerging as a top R&D investor.
- R&D spending in India is growing rapidly and was estimated at $77 billion in 2017.
- The pharmaceutical sector is a major driver of R&D growth and global companies are establishing numerous R&D centers in India.
- Government policies aim to promote India as an S&T leader and encourage both public and private sector R&D.
The document provides an overview of science and technology in India. Some key points:
- India has a large talent pool, with the 3rd largest technical workforce globally. Government policies aim to promote public and private sector R&D.
- Investments in R&D have been growing, with the government allocating over $597 million USD in the 2017-18 budget for the Department of Science and Technology.
- India presents opportunities for companies due to its large consumer base and demand for technologically advanced products. The growing middle class is driving demand.
The document summarizes India's science and technology sector. It notes that India has a large consumer base and talent pool that support R&D growth. India's R&D spending has increased significantly in recent years, making it one of the largest R&D investors globally. The pharmaceutical industry is a major driver of R&D growth. Government policies aim to promote public and private sector involvement in research.
This document provides an overview of science and technology in India. It discusses India's advantages in the sector including a large talent pool, growing demand, rising investments, and policy support. The document outlines India's strong network of science and technology institutions and trained manpower. It also discusses the country's increasing investments in research and development, rising patent applications, and policies aimed at promoting India as an S&T leader. Local demand from India's growing economy and middle class is attracting more investments from multinational companies to set up R&D centers in India.
The document provides an overview of science and technology in India. Some key points:
- India has a large talent pool in science and technology, with 162 universities awarding over 4,000 doctorates annually.
- Government policies aim to promote public and private sector R&D. Recent budgets have allocated over $500 million to the Department of Science and Technology.
- Growing demand, rising investments, strong talent base, and supportive policies give India advantages in the science and technology sector. Foreign companies are increasingly setting up R&D centers in India.
- The number of patent applications from India has risen over 50% in recent years, though grants have declined slightly due to faster application processing.
The document provides an overview of science and technology in India. It notes that India has the 3rd largest technical manpower in the world and awards over 4,000 doctorates and 35,000 postgraduate degrees annually. Government policies aim to promote India as an S&T leader through public and private sector involvement in research. Rising investments from multinational companies establishing R&D centers in India are driving growth in the sector. The large consumer base and demand for innovative products also presents opportunities for companies.
The document provides an overview of science and technology in India. Some key points:
- India has a large talent pool, with the third largest technical manpower globally. Government policies aim to promote India as an S&T leader.
- Investments in R&D are growing, with many multinational companies establishing R&D centers in India, attracted by the large consumer base and talent.
- Government funding for science and technology has increased, with the 2016-17 budget allocating $597 million to the Department of Science and Technology.
- India has a strong network of science and technology institutions and produces thousands of graduates and doctorates annually.
- India has a large talent pool of over 162 universities that award over 4,000 doctorates and 35,000 postgraduate degrees annually, making it the third largest technical manpower pool globally.
- Government policies aim to promote public and private sector involvement in research and development. The 2016-2017 budget allocated $597 million to the Department of Science and Technology.
- Investments in research and development have been growing, attracting more multinational companies to set up research centers in India due to low costs and access to talent. National expenditure on R&D has increased threefold over the past decade.
- India has a large talent pool, strong policy support, and a growing consumer base demanding advanced technology products, which provides advantages for the science and technology sector.
- The government has implemented various policies and initiatives over the years to promote R&D and strengthen human and institutional capacities. This has resulted in rising investments from multinational companies seeking to tap opportunities.
- Factors like lower costs, a strong talent pool, and growing local demand are attracting more foreign R&D centers to set up in India, benefiting the overall science and technology landscape.
Analysis and Comparative Study of the Development of Technology with Artifici...ijtsrd
Advanced and Rapid development in the field of technology in recent times has been led by Artificial Intelligence which has profoundly changed development and life status of the world. Based on background, this paper traces the development in technology with Artificial Intelligence and the result of the application introduced for development and thus affected work culture and life in India. This paper studies the achievements in Artificial Intelligence based on technical aspects, studies the market of artificial intelligence and its development features, studies structural trend of application in the field of artificial intelligence and development with artificial intelligence and studies of competitions and associated patterns in the field of artificial intelligence. The focus remains on the outline of initiatives undertaken for advancement in the field of artificial Intelligence. Finally, to highlight the applications associated with artificial Intelligence, several examples of industrial and societal development are expounded and prospected. Chinmaya Naik | Sonali Jain | Jai Sehgal "Analysis and Comparative Study of the Development of Technology with Artificial Intelligence in India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-4 , June 2020, URL: https://www.ijtsrd.com/papers/ijtsrd31249.pdf Paper Url :https://www.ijtsrd.com/computer-science/artificial-intelligence/31249/analysis-and-comparative-study-of-the-development-of-technology-with-artificial-intelligence-in-india/chinmaya-naik
Make in India can be a path breaking campaign provided it is grounded by right policy measures and innovation ecosystem. Technology has a pivotal role in this and the efforts of the nation in promoting technological innovations have so far yielded limited success. Technology transfer requires easing FDI limits and other fiscal incentives. However, the past experience of technology transfers in military indicated failure to deliver by foreign partners. Liberalization as well as stringent conditions is hence important to make technology transfer through collaborations. Indian government has announced some fiscal incentives and welcomed collaborations. In the light of this, the need for developing competences for technology absorption has gained attention. The paper presents technology transfer and absorption issues for the success of Make in India.
The document provides an overview of trends in the Indian education sector. It notes that the preschool segment is growing and expected to reach $2.5 billion by 2017, while the overall education industry is estimated to reach $144 billion by 2020. The K-12 segment is seeing private schools adopt franchise models and collaborate with international brands. Schools are also increasingly investing in technology and smart classrooms. Government initiatives like expanding preschool programs and approving projects for research infrastructure will help drive growth.
- India has a large consumer base and talent pool that is driving growth in its science and technology sector. It has the third largest scientific and technical manpower in the world.
- Policy support from the government and rising investments are helping to position India as a major player in science and technology. R&D spending and investments have been growing rapidly.
- Key sectors like pharmaceuticals are driving R&D growth in India. The country is now the sixth largest investor in R&D globally.
The document provides an overview of science and technology in India. Some key points:
- India has a large talent pool, with the third largest technical manpower in the world. It awards thousands of doctorates and postgraduate degrees annually.
- Government policies aim to promote India as an S&T powerhouse and encourage public and private sector R&D. The budget allocated to the Department of Science and Technology has increased.
- Growing demand, a large consumer base, and lower costs have attracted increased investment in Indian R&D from multinational companies. Over 50% of global top 500 companies have R&D centers in India.
The document provides an overview of innovation and patents in India. Some key points:
- India's R&D spending reached an estimated USD 71.5 billion in 2016, making it the 6th largest R&D investor globally. The pharmaceutical sector is a major driver of R&D growth.
- Advantages for R&D and innovation in India include a large and growing domestic market, supportive government policies, and increasing private sector investments in R&D.
- Intellectual property rights filings in India have grown significantly in recent years, with trademarks making up the majority of applications.
This document provides an overview of innovation and patents in India. It discusses India's growing investments in research and development, which increased to USD 66.49 billion in 2015 from USD 61.85 billion in 2014, making India the sixth largest R&D investor globally. The pharmaceutical sector is a major driver of R&D growth. It also outlines government policies supporting innovation and opportunities in the Indian market. Multinational corporations are increasingly establishing R&D centers in India, taking advantage of the available talent and lower costs.
India is emerging as a major global R&D hub, with the number of MNC R&D centers in the country growing at a CAGR of 8.98% from 721 in 2010 to an estimated 1208 in 2016. R&D spending in India has also increased significantly, reaching an estimated USD71.48 billion in 2016, up from USD66.49 billion in 2015. The information technology, pharmaceuticals, and automotive sectors are major drivers of R&D growth in India. The government has also implemented supportive policies around intellectual property, education, and public-private partnerships to encourage innovation.
India has emerged as one of the top investors in research and development globally. R&D spending in India grew from USD61.85 billion in 2014 to USD66.49 billion in 2015, and is estimated to reach USD71.48 billion in 2016. The pharmaceutical sector is a major driver of R&D growth in India. Policy support from the government and rising demand from the growing Indian market provide advantages for innovation in India. While patents, trademarks and designs make up the majority of intellectual property applications, trademark applications account for the largest share at over 80%. Intellectual property applications in India have grown significantly in recent years.
The document discusses innovation and patents in India. It notes that India's R&D spending is estimated to reach USD 71.5 billion by 2016, making India the 6th largest R&D investor globally. The pharmaceutical sector is a major driver of R&D growth. Policy support from the government and rising domestic demand are advantages for innovation in India. There has been strong growth in R&D investments and intellectual property applications over the years.
The document provides information on innovation and patents in India. Some key points:
- India's R&D spending reached an estimated USD 71.5 billion in 2016, making it the 6th largest R&D investor globally. The pharmaceutical sector is a major driver of R&D growth.
- Advantages for R&D and innovation in India include a large domestic market, policy support for sectors like biotech and pharmaceuticals, and high ratings for intellectual property protection.
- Intellectual property applications in India are trending upward, with trademarks making up the majority (over 80%) of applications. Patent and design applications are also growing steadily.
- India is emerging as a global R&
India is emerging as a major player in innovation and research and development (R&D). Some key points:
- India's R&D expenditure increased to $66.49 billion in 2015, making it the sixth largest R&D investor globally. R&D spending is expected to grow to $71.48 billion by 2016.
- The pharmaceutical sector is a major driver of R&D growth. India also has vast opportunities for R&D in sectors like IT, biotechnology, automobiles and agriculture.
- Government policies support innovation through initiatives like public-private partnerships, strengthening education infrastructure, and making patent laws compliant with international standards. Private sector R&D investment is growing rapidly.
India is emerging as a major player in innovation and research and development (R&D). Some key points:
- India's R&D expenditure increased to $66.49 billion in 2015, making it the sixth largest R&D investor globally. R&D spending is expected to grow significantly in coming years.
- The pharmaceutical sector is a major driver of R&D growth. Government policies support innovation through initiatives like public-private partnerships and strengthening educational infrastructure.
- Intellectual property rights applications in India are growing rapidly, with trademarks being the largest category. Private sector R&D investment is also increasing alongside various government measures to promote innovation.
India is emerging as a global research and development hub. In 2015, India became the sixth largest R&D investor in the world, accounting for 3.53% of global expenditure. R&D spending in India grew from USD61.85 billion in 2014 to USD66.49 billion in 2015 and is estimated to reach USD71.48 billion in 2016. The number of R&D centers operated by multinational corporations in India grew from 721 in 2010 to 928 in 2015, demonstrating the country's increasing importance as an R&D destination. Several factors contribute to India's advantage in innovation and R&D, including a large skilled workforce, strong policy support, and a growing domestic market.
The document discusses India's ranking and performance in global innovation indices. Some key points:
- India ranked 40th in the Global Innovation Index in 2022, up from 81st in 2015, showing steady improvement.
- India leads among lower-middle income countries and scores highly in indicators like venture capital, finance for startups, graduates in STEM fields, and productivity growth.
- Government initiatives like increased funding for research and development, national innovation policies, and programs to link universities and industry have helped boost India's innovation ranking.
- While India is improving, it still lags major countries in areas like research spending and researchers per capita, but its total numbers of universities, institutes, and
The document provides an overview of the biotechnology industry in India. It discusses key milestones in the development of the industry, current market trends, growth drivers and opportunities. Some of the major strategies adopted by the industry include partnerships between Indian and global players to expand product portfolios and reach, as well as public-private partnerships to promote innovation and research. The biopharma segment currently accounts for the largest share of the industry, and the market is expected to continue growing significantly in the coming years.
The document provides an overview of the biotechnology industry in India. It discusses key milestones in the development of the industry, current market trends, growth drivers and opportunities. Some of the major strategies adopted by the industry include partnerships between Indian and global players to expand product portfolios and reach, as well as public-private partnerships to promote research and development. The biopharma segment currently accounts for the largest share of the industry, and the market is expected to continue growing significantly in the coming years.
Similar to Science and Technology Sector Report - July 2018 (14)
Tamil Nadu has a strong and growing economy, as evidenced by its GSDP which grew at a CAGR of 11.46% between 2011-12 and 2018-19, reaching Rs. 16.06 trillion (US$ 222.58 billion) in 2018-19. The state has a diversified industrial base and thriving services sector, especially in IT/ITeS. It also has robust infrastructure including roads, ports, airports, and an emphasis on further infrastructure development. With various initiatives like Vision 2023, Tamil Nadu aims to boost its economy and attract significant domestic and foreign investments over the coming years.
India has become the second largest steel producer in the world in 2018. Steel production and capacity in India have grown rapidly over the past decade, with capacity reaching 137.98 million tonnes in 2017-18. Consumption has also increased steadily, driven by growth in infrastructure, automotive, and other sectors. The government has implemented policies like the National Steel Policy to encourage further capacity growth to 300 million tonnes by 2030-31. Low per capita consumption compared to other countries also provides significant potential for further demand growth.
The document provides an overview of India's services sector, including:
1) The services sector contributes over 50% of India's GDP and grew at 12.75% in 2018-19, demonstrating its importance as the key driver of India's economic growth.
2) India has a large skilled workforce and is a global outsourcing hub, commanding a 55% share of the global sourcing market, which has helped establish the country as a leading provider of technology and digital services.
3) The government is working to further develop the services sector through initiatives like 'Startup India' and reforms that make India an attractive investment destination for both domestic and foreign investors.
The document provides an overview of the real estate sector in India. It discusses that the real estate sector is expected to reach $1 trillion by 2030 and contribute 13% of India's GDP by 2025. Rapid urbanization is driving demand for residential and commercial real estate space. The residential segment contributes around 80% of the sector currently. Government policies like Housing for All and Smart Cities are further boosting growth.
Rajasthan has experienced strong economic growth in recent years. Between 2011-12 and 2018-19, the state's Gross State Domestic Product grew at a compound annual growth rate of 11.37% to reach $128.1 billion. The tourism industry in Rajasthan is thriving, with over 47.5 million tourist arrivals in 2017, and the state is a leading producer of agro-based products. Rajasthan also has immense potential for renewable energy generation from solar and wind sources.
Indian Railways is the third largest rail network in the world by size. It saw strong revenue growth over the past decade, with freight accounting for over 65% of revenues in FY19. Freight and passenger traffic have both increased steadily in recent years. Various modernization initiatives are underway to upgrade infrastructure and technology. Private sector participation is being encouraged to augment rail connectivity and capacity.
India has the third largest installed power capacity in the world at 356.10 GW as of March 2019. It is the third largest producer and consumer of electricity globally. India has achieved 100% household electrification and aims to increase renewable energy capacity to 175 GW by 2022. Thermal energy accounts for over 63% of total installed capacity, while renewable sources account for 21.8%. The power sector in India is growing rapidly and offers many opportunities for investment and development.
Nagaland has a Gross State Domestic Product (GSDP) of around 0.24 trillion Indian rupees in 2017-18, growing at a CAGR of 11.83% between 2011-12 and 2017-19. The per capita GSDP in 2017-18 was 113,549 rupees, growing at a CAGR of 10.66% in the same period. Nagaland's Net State Domestic Product (NSDP) in 2016-17 was 0.19 trillion rupees, growing at 15.72% between 2011-12 and 2016-17. The per capita NSDP in 2016-17 was 90,168 rupees, growing at 12.
Meghalaya has the highest rainfall in India and diverse soil types that support agriculture. The state has strong potential in floriculture, bamboo processing, and medicinal plants due to its biodiversity. Meghalaya also has large hydroelectric power potential and abundant mineral resources. The state aims to promote industries like agro-processing, horticulture, minerals and tourism to create opportunities for its population.
- The Indian infrastructure sector is experiencing significant growth due to rising government investments and initiatives such as allocating Rs 4.56 lakh crore for infrastructure in the FY 2019-20 budget.
- Private sector participation is increasing across segments like roads, power and airports. Infrastructure sectors like power transmission and renewable energy will drive future investments.
- Improving connectivity through initiatives like Bharatmala Pariyojana and Sagarmala will boost infrastructure growth. 100% villages connectivity through roads is expected by 2019 under PMGSY.
The document provides an overview of the media and entertainment industry in India. Some of the key points from the document are:
- The Indian media and entertainment industry is growing rapidly at a CAGR of 12-13% and is expected to reach Rs. 3.73 lakh crore by 2022.
- Television is the largest segment with a market size of Rs. 740 billion in 2018, expected to reach Rs. 955 billion by 2021. Digital media, animation and VFX, and online gaming are among the fastest growing segments.
- Advantages for the industry in India include rising incomes, evolving lifestyles, a large young population, increasing digitization, and government support through
- The manufacturing sector is a major employer in India and aims to provide 25% of GDP and 100 million new jobs by 2022. It has grown at a CAGR of 4% between FY12-19 and contributes significantly to India's exports.
- The document discusses India's advantage in manufacturing including a large domestic market, favorable demographics, and government initiatives like Make in India. Key sub-sectors, growth drivers and the evolution of the sector are also outlined.
- Recent trends show growth in production, IIP, capacity utilization and exports, indicating the sector is expanding. The government has implemented various policies to develop manufacturing and make India a global hub.
Manipur has a flourishing bamboo processing industry as it is one of India's largest bamboo producing states. It also has a strong handicrafts industry, being home to the highest number of handicraft units and artisans in North East India. Handlooms is the largest cottage industry in Manipur. The state has strong potential for border trade opportunities through Moreh town, which is India's only land route for trade with Myanmar and Southeast Asia. Manipur is also home to the Ema Bazaar, one of India's largest markets run exclusively by women. Due to its natural beauty and biodiversity, Manipur is a popular tourist destination known as the "Switzerland of the East".
The document provides an overview of the economy of Himachal Pradesh, India. Some key points:
- Himachal Pradesh has a strong economic growth rate, with its GSDP reaching Rs. 1.52 trillion (US$21.04 billion) in 2018-19 growing at 11.09% annually.
- The state has a diverse economy with key sectors being tourism, agriculture, and hydroelectric power. Agricultural production and tourism visitor numbers are increasing.
- Himachal Pradesh has a large hydroelectric power potential and is becoming a major hub for hydroelectricity in India, though only around 40% of its potential has been harnessed so far.
Gujarat has experienced high economic growth rates in recent years.
- Gujarat's GSDP grew at a CAGR of 13.55% from 2011-12 to 2016-17, reaching Rs. 11.62 trillion (US$ 173.24 billion) in 2016-17.
- The state's per capita GSDP increased from Rs. 101,075 (US$ 2,108) in 2011-12 to Rs. 178,043 (US$ 2,654) in 2016-17, registering a CAGR of 11.99%.
The document provides an overview of India's gems and jewellery sector. Some key points:
- India is a major player in global gems and jewellery trade, contributing about 7% to India's GDP and employing over 4.6 million people.
- India is the world's largest cut and polished diamond exporter, exporting over 75% of global polished diamonds. It also processes over $23 billion worth of diamonds annually.
- Exports of cut and polished diamonds and gold jewellery have registered steady growth in recent years. Imports have also increased at a CAGR of nearly 8% between 2004-2018.
- The sector is adopting strategies like expanding retail networks, providing financing options
The engineering and capital goods industry in India is growing rapidly. The turnover of the capital goods industry reached $70 billion in 2017 and is forecasted to reach $115.17 billion by 2025. Electrical equipment production is also growing and is expected to reach $100 billion by 2022, up from $27.3 billion in 2017-18. The engineering research and design segment is also expanding, with revenues projected to increase from $28 billion in FY18 to $42 billion in FY22. Growth is being driven by increasing industrialization, infrastructure development, and capacity expansion across various core sectors in India.
Major e-commerce players in India have adopted strategies like expanding into new categories like groceries and used goods, acquiring analytics startups to improve pricing and positioning, and launching ancillary services like payments, logistics and video streaming. They have also introduced subscription models and personalized experiences to provide extra benefits and tailor their offerings to individual customer needs and interests.
Delhi has experienced strong economic growth, with its gross state domestic product increasing at a compound annual growth rate of 12.41% between 2011-12 and 2018-19. The real estate sector has been an important contributor to the state's economy. Delhi also has a growing tourism industry, owing to its historical and cultural attractions. The state government is working to improve infrastructure and implement policies to facilitate industrial development and attract investment across various sectors.
Chhattisgarh has a strong mineral production base and is a leading producer of coal and iron ore in India. It is the only state that produces tin concentrates. The state has emerged as a preferred investment destination and has witnessed strong growth in the agriculture sector. Key sectors driving growth include minerals, power, agriculture and tourism. Chhattisgarh aims to further develop its infrastructure, promote industries and boost skill development to achieve its vision of becoming an industrialized state.
Optimizing Net Interest Margin (NIM) in the Financial Sector (With Examples).pdfshruti1menon2
NIM is calculated as the difference between interest income earned and interest expenses paid, divided by interest-earning assets.
Importance: NIM serves as a critical measure of a financial institution's profitability and operational efficiency. It reflects how effectively the institution is utilizing its interest-earning assets to generate income while managing interest costs.
Dr. Alyce Su Cover Story - China's Investment Leadermsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
Enhancing Asset Quality: Strategies for Financial Institutionsshruti1menon2
Ensuring robust asset quality is not just a mere aspect but a critical cornerstone for the stability and success of financial institutions worldwide. It serves as the bedrock upon which profitability is built and investor confidence is sustained. Therefore, in this presentation, we delve into a comprehensive exploration of strategies that can aid financial institutions in achieving and maintaining superior asset quality.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
Laura Adkins-Hackett, Economist, LMIC, and Sukriti Trehan, Data Scientist, LMIC, presented their research exploring trends in the skills listed in OJPs to develop a deeper understanding of in-demand skills. This research project uses pointwise mutual information and other methods to extract more information about common skills from the relationships between skills, occupations and regions.
Discover the Future of Dogecoin with Our Comprehensive Guidance36 Crypto
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
Fabular Frames and the Four Ratio ProblemMajid Iqbal
Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
Stunning art in the small multiples format brings out the spatiotemporal nature of societal transitions, against backdrop issues such as energy, housing, waste, farmland and forest. In each frame we see hopeful and frightful interplays between spending and saving. Problems emerge when one of the two parts of the existential anaglyph rapidly shrinks like Arctic ice, as factors cross thresholds. Ecological wealth and intergenerational equity areFour at stake. Not enough spending could mean economic stress, social unrest and political conflict. Not enough saving and there will be climate breakdown and ‘bankruptcy’. So where does speculative design start and the gambling and betting end? Behind each fabular frame is a four ratio problem. Each ratio reflects the level of sacrifice and self-restraint a society is willing to accept, against promises of prosperity and freedom. Some values seem to stabilise a frame while others cause collapse. Get the ratios right and we can have it all. Get them wrong and things get more desperate.
A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
The Impact of Generative AI and 4th Industrial RevolutionPaolo Maresca
This infographic explores the transformative power of Generative AI, a key driver of the 4th Industrial Revolution. Discover how Generative AI is revolutionizing industries, accelerating innovation, and shaping the future of work.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
1. July 2018For updated information, please visit www.ibef.org
SCIENCE AND
TECHNOLOGY
2. Table of Content
Advantage India…………………..….….…4
Market Overview …………....………..……6
Growth Drivers…………………….....…...20
Industry Organisations……….……….….35
Executive Summary……………….….……3
Opportunities.....………………………….30
Useful Information……….……….......…..37
3. For updated information, please visit www.ibef.orgScience and Technology3
3rd largest technical manpower in the world
162 universities awarding 4,000 doctorates and 35,000 postgraduate degrees
Global share in scientific publications rising at a CAGR of ~12 per cent
India ranks 8th in the world in terms of number of students graduating in science and engineering stream
Policies aimed at projecting India as a Science and Technology powerhouse and promoting both public and
private sector involvement in the R&D practice
Women Scientific programme to expose women more and more towards research
With more and more multinational companies setting up their R&D centres in India, the sector has seen an
uptrend in investments in recent years
Under the Union Budget 2018-19, the Department of Space, Government of India has been allocated Rs
107.83 billion (US$ 1.66 billion) for 2018-19, which includes Rs 65.76 billion (US$ 1.02 billion) for research
and development in the areas of spacecraft and launch vehicle manufacturing
EXECUTIVE SUMMARY
Source: RBI, India Budget
Rising investments
With a Rs 130.11 lakh crore (US$ 2.02 trillion) economy in FY18 and per capita income of over Rs 111782
(US$ 1,734.40) in 2017-2018, India presents a unique opportunity for companies to tap the huge consumer
base demanding technologically advanced products
Demand for cheap and durable products that could meet the local requirements drives the need for innovation
Large consumer base
Policy framework
Huge talent pool
5. For updated information, please visit www.ibef.orgScience and Technology5
ADVANTAGE INDIA
Rising income and evolving lifestyles have led to
higher demand for aspirational products
Indian companies’ investments in R&D is not
surprising given the importance of innovation to
sustain competition
Indian players are set to benefit from expiration
of patents
Expanding middle class and increasing
affordability are expected to remain demand
drivers for technologically advanced products
IBM’s India inventors contributed over 800
patents in year 2017, making India the
second highest contributor after the US
region.
India is the top exporter of IT products and
has the 3rd largest pharma sector and a
fast growing contract research segment
3rd largest technical manpower in the
world
Establishment of CoEs in various areas;
NMITLI initiative on PPP basis
Increased investments by private players;
setting up of R&D centers
In CY 2017, patent applications by Indian
start-ups increased 15 times to 909 from 61
in CY 2016.
PPP for promoting exchange of scientific
knowledge and R&D
Strengthening educational infrastructure
Amendments to the Patents Act (1970) to
make it TRIPS-compliant
Setting up of NIC in 2010
Adoption of Science, Technology and
Innovation Policy 2013
ADVANTAGE
INDIA
Source: IPI India Annual Report, Aranca Research
Notes: F - Forecast, E – Estimated, IPR - Intellectual Property Rights, CoE - Center of Excellence, PPP - Public Private Partnership, TRIPS - Trade Related Aspects of Intellectual Property
Rights, NMITLI - New Millennium Indian Technology Leadership Initiative, NIC - National Innovation Council; Figures mentioned are as per latest data available
7. For updated information, please visit www.ibef.orgScience and Technology7
Science and
Technology Policy to
bring science and
technology together
and emphasize the
need for investment
into R&D to address
national problems.
EVOLUTION OF SCIENCE AND TECHNOLOGY POLICY
FRAMEWORK IN INDIA
Source: Department of Science and Technology, Ministry of HRD, Government of India, Union Budget 2016-17
2003 2013 2014 2016
Science, Technology
and Innovation
Policy aims to
develop synergies
between science,
technology and
innovation. Ethnic
diversity and varying
demographics
attracted investment
from various players
New Initiatives such
as SWAYAM (Study
Webs of Active-
Learning for Young
Aspiring Minds), etc.
have been taken to
support young talent
and attract innovation
"Innovation of Science
Pursuit for Inspire
Research (INSPIRE)“
initiative was
launched to
communicate with the
youth population and
attract talent to the
scientific field
The total plan outlay
allocated under the
Union Budget 2015-16
for the Department of
Science and
Technology is around
US$ 557.1 million
New Initiatives such
as the Science,
Technology,
Innovation and
Creation of
Knowledge (STICK)
framework has been
taken by the Indian
government to support
innovation.
2015
Scientific and
Technological (S&T)
Activities Survey
2015-16 aims to
collect data on
resources devoted to
R&D in science and
technology. The
information is
collected from about
5000 R&D
organisations present
across the country.
8. For updated information, please visit www.ibef.orgScience and Technology8
INDIAN SCIENCE and TECHNOLOGY SYSTEM
Source: Changing Indian STI Landscape Presentation, Department of Science and Technology
Indian STI
system
R&D bodies
Government
funding and
development
agencies
Academic
sector
Socio
Economic
Ministries
Industrial
R&D
Systems
R&D by
multinational
companies
R&D in NGO
groups
Note: STI refers to Science Technology and Innovation
9. For updated information, please visit www.ibef.orgScience and Technology9
INDIA AMONG THE WORLD’S LEADING R&D
INVESTORS
552.98
474.81
186.64
116.56
88.23
83.27
63.12
58.62
49.61
37.45
0.00
100.00
200.00
300.00
400.00
500.00
600.00
Source: Nature Magazine, Battelle, R&D Magazine
India’s R&D investments forecasted to increase to US$ 83.27 billion in
2018 from an estimated US$ 76.91 billion in 2017.
R&D investments has helped Indian companies to overcome tight
competition with affordable products internationally.
The Indian Robot Mitra, designed in Bengaluru and made in China,
which can recognise people by their nationalities and guide customers
in a bank, attracted the attention of Chinese manufacturers at an
information technology (IT) event held at Dalian, China.
Visakhapatnam port traffic (million tonnes)
Expected expenditure of world’s leading R&D investors in 2018
(US$ billion)
Notes: R&D - Research and Development;
10. For updated information, please visit www.ibef.orgScience and Technology10
MANPOWER AND INVESTMENTS
Visakhapatnam port traffic (million tonnes)
India has a strong network of science and technology
institutions and trained manpower
Strengthening India’s position in research through investment
India’s R&D investments forecasted to increase to US$ 83.27
billion in 2018 from 76.91 in 2017.
A series of new investments were recently announced by Cisco
India to enhance cyber security infrastructure in India. It will enable
to build transparent and secure digital infrastructure environment
for accelerating India’s digital transformation. For strategic cyber
security cooperation.
Cisco India has signed an MoU with Indian Computer Emergency
Response Team (CERT-In) to establish a threat intelligence
sharing programme.
Under the National Initiative for Developing and Harnessing
Innovations (NIDHI) programme, Indian Government plans to
invest US$29.75 million for setting up 100 incubators across the
country in the next 4 years to support start-ups.
India is among the top-ranking countries in the field of basic
research
It has the 3rd largest scientific and technical manpower in the
world
162 universities award 4,000 doctorates and 35,000 postgraduate
degrees annually
The Council of Scientific and Industrial Research runs 38 research
laboratories
India ranks 7th among highly productive countries in science and
technology research.
In January 2018, South Korea-based technology major, Samsung,
is planning to hire 1,000 engineers from top institutes for the
company’s three R&D facilities in India.
Similarly, in February 2018, Bosch India Group announced plans
to hire 10,000 engineers over the coming years to work on
futuristic technologies at its R&D center in India.
Britain and India research partnership to reach GBP 400 millon
(US$ 544 billion) by 2021, which includes 175 different UK and
Indian research institutions and more than 100 industry partners.
Source: R&D Magazine
11. For updated information, please visit www.ibef.orgScience and Technology11
STRONG GROWTH IN R&D INVESTMENTS IN INDIA
OVER THE YEARS
61.85
67.70
73.63
76.91
83.27
0.00
10.00
20.00
30.00
40.00
50.00
60.00
70.00
80.00
90.00
2014 2015 2016 2017 E 2018 F
Source: R&D Magazine, International Monetary Fund, World Bank, CIA Fact Book, OECD, Department of Science and Technology
India’s share of global R&D spending rose to 3.64 per cent in 2016
from 3.48 per cent in 2015. It is further expected to rise to 3.75 per
cent in 2017.
As of March 2017, World Intellectual Property Organisation (WIPO)
stated that India is emerging as a leader in frugal and demand driven
innovation among various countries across the globe.
In May 2017, the central government has introduced various startup
intellectual property protection schemes with an aim to ease patent
filing for startups and promote awareness and adoption of IP rights.
To facilitate protection and commercialising of IPRs, these schemes
will be providing access to high-quality Intellectual Property services
and resources. Moreover, under these schemes, the central
government bears the fees of the facilitators for patents, trademarks or
designs that a startup may file. Startups only have to bear the cost of
the statutory fees payable.
India was ranked 13 in CY 2017 by Nature Index, which publishes
tables based on counts of high-quality research outputs based on
natural sciences in the previous year.
Visakhapatnam port traffic (million tonnes)R&D spending in India (US$ Billion)
Notes: CAGR - Compound Annual Growth Rate, PPP - Purchasing Power Parity, R&D – Research and Development, E – Estimate, F – Forecast
12. For updated information, please visit www.ibef.orgScience and Technology12
INDIA IS FAST EMERGING AS A GLOBAL R&D HUB …
(1/2)
204
220
244
268
295
323
363
387
424
464
508
0
100
200
300
400
500
600
2010 2011 2012 2013 2014 2015 2016 2017F2018F2019F2020F
Source: : Zinnov Consulting - Crossing the value chasm,
The number of MNC R&D centers in India has grown at a CAGR of 7.1 per cent from 721 in 2010 to 1165 in 2016.
During 2010-16, the workforce in MNC R&D centers increased at a CAGR of 8.58 per cent and reached 363,000, which is
estimated to further increase to 387,000 by 2017 in India.
Intex, a modern speakers manufacturing company, is looking to step up research spend to introduce the latest generation
wireless and NFC speakers.
MNC R&D centers workforce in India
(in 000’)
721
776
835
872
913
928
943
988
1,033
1,085
1,139
0
200
400
600
800
1,000
1,200
MNC with R&D centers in India
CAGR 5.12%
Notes: CAGR - Compound Annual Growth Rate, MNC – Multinational Corporations, R&D - Research and Development, E – Estimate, F – Forecast
13. For updated information, please visit www.ibef.orgScience and Technology13
INDIA IS FAST EMERGING AS A GLOBAL R&D HUB …
(2/2)
Notes: CAGR - Compound Annual Growth Rate, R&D - Research and Development, YoY- Year on Year
Source: Zinnov Consulting Report 2015, Global Innovation Index* – By World Intellectual Property Organization, 1 –from Capegemini
Until 2005, Tier-1 cities were the favourite destination for MNCs due
to availability of rich talent, favourable policies and better quality of
life
However, post-2005, MNCs have started expanding to Tier-2 cities,
as they offer benefits such as higher catchment area, lower attrition
and cost arbitrage
R&D related investments and processes attain easier approval from
regulatory authorities, globally. This has also increased focus on new
generics
India’s R&D ecosystem has grown at a phenomenal pace in the last
10 years. 42 per cent of the Global 500 R&D Spenders have centers
in India, with the figure expected to reach 49 per cent by 2020
India has emerged as the most preferred destinations for innovation
in Asia and the 3rd biggest, globally, with 'Silicon Valley' of East
Bengaluru1 leading the charge.
India improved its rank on the Global Innovation Index* for the
second year consecutively. In 2016, India had climbed from being
81st to being 66th and is now ranked at 60th in 2017.
Visakhapatnam port traffic (million tonnes)Vertical-wise distribution of R&D centers in India (2016)
4
76
302
68
25
4
20
9
57
22
21
18
90
11
39
7
62
13
0 50 100 150 200 250 300 350
Travel and Transportation
Telecom and Networking
Software/Internet
Semiconductors
Pharmaceuticals
Others
Medical Devices
Media & Entertainment
Industrial
FMCG
Engineering services
Energy
Electrical & Electronics
Diversified
Chemicals & Materials
Biotechnology
Automotive
Aerospace & Defence
14. For updated information, please visit www.ibef.orgScience and Technology14
INDIA IS ALSO GARNERING THE BENEFITS OF R&D
OUTSOURCING
22.3
38.0
0.0
5.0
10.0
15.0
20.0
25.0
30.0
35.0
40.0
2016 2020F
Source: Financial Express, Value Notes
Companies across sectors (such as IT, consumer electronics,
personal devices, medical electronics, telecom and automobiles) are
now offshoring complete product responsibility
India has become one of the most preferred location for engineering
offshoring.
The engineering R&D, globalisation and services market in India
increased 11.5 per cent year-on-year to reach US$ 22.3 billion in 2016
and is further expected to grow at a CAGR of 14.25 per cent to reach
US$ 38 billion in 2020.
Newer capabilities such as supply chain, regulatory compliances and
manufacturing engineering are being developed by Engineering R&D
Service providers
Service providers in Europe are increasingly looking at scaling up and
setting offshore operations in India to access cost effective large talent
pool
Visakhapatnam port traffic (million tonnes)
Engineering R&D, globalisation and services market
(US$ Billion)
CAGR 14.25%
Notes: R&D - Research and Development, T - Information Technology; CAGR - Compound Annual Growth Rate; Figures mentioned are as per latest data available
15. For updated information, please visit www.ibef.orgScience and Technology15
GLOBAL 500 COMPANIES PRESENCE IN INDIA
Source: Zinnov – Crossing the value chasm
The top 500 R&D spenders contribute over US$ 614 billion with the
top 100 R&D spenders alone contributing 66 per cent to the global
R&D spend
In India, TVS Motors, Bosch, Tata Motors and Mahindra and Mahindra
have topped the list of R&D innovators in the automobile industry.
India, being ahead of China, South Korea and Japan, is generating
huge opportunities for Indian automobile brands
In January 2018. Samsung proposed to hire 1,000 engineers this year
from top institutes of India such as IITs, NIITs, Delhi College of
Engineering, BITS Pilani, Manipal Institute of Technology and IITs
among others
IBM’s India inventors contributed over 800 patents in year 2017,
making India the second highest contributor after the US region
Visakhapatnam port traffic (million tonnes)Expenditure by In-House R&D units (in US$ billion)
1.86
2.13
1.84
2.99
4.09
4.58
5.14
0.00
1.00
2.00
3.00
4.00
5.00
6.00
FY11
FY12
FY13
FY14
FY15
FY16
FY17
16. For updated information, please visit www.ibef.orgScience and Technology16
SCIENTIFIC AND R&D ORGANISATIONS … (1/2)
Source: Organisational websites
Organisation Business description
Council of Scientific and Industrial Research (CSIR)
• CSIR is India’s largest R&D organisation, with 38 national laboratories, 39 outreach centers, 3 Innovation Complexes, 5
units, 4600 active scientists supported by about 8000 scientific and technical personnel. On an average, CSIR files about
200 Indian patents and 250 foreign patents per year. About 13.86 per cent of CSIR patents are licensed, a number which
is above the global average.
• CSIR is ranked at 84th among 4851 institutions worldwide and was the only Indian organisation among the top 100
global institutions in 2014. CSIR filed 225 patents in India and 307 patents abroad in FY17.
• In April 2018, CSIR bagged National Intellectual Property Award (IP) in the category Top R&D Institution / Organization
for Patents and Commercialization.
• In April 2018, CSIR and DoT signed an Memorandum of Understanding (MoU) for establishing a nationwide time
stamping and time synchronization network.
• In May 2018, CISR was awarded Clarivate Analytics India Innovation Award 2018 in the Government Research
Organizations Category.
Defence Research and Development Organisation (DRDO)
• DRDO is engaged in design and development of weapon systems and equipment in accordance with the requirements of
the military services
• DRDO had a network of 50 labs and establishments to carry out research. As of FY17, it has over 7,410 personnel in
Defence Research and Development Services (DRDS) and about 17,000 other scientific, technical and supporting
personnel. DRDO received 44 patent grants in FY17.
• Its research areas include aeronautics, armaments, combat vehicles, electronics, instrumentation engineering systems,
missiles, materials, naval systems, advanced computing, simulation and life sciences. In June 2015, DRDO’s ballistics
test facility got inaugurated in Ramgarh.
Indian Council of Agricultural Research (ICAR)
• ICAR is one of the largest national agricultural organisations in the world. It consisted of 69 institutes and 63 agricultural
universities across India. ICAR has filed 1,045 patent applications and 212 were granted in FY18.
• It is the apex body for coordinating, guiding and managing research and education in agriculture, including horticulture,
fisheries and animal sciences in India.
17. For updated information, please visit www.ibef.orgScience and Technology17
SCIENTIFIC AND R&D ORGANISATIONS1 … (2/2)
Source: Organisational websites, Aranca Research
Organisation Business description
India Space Research Organisation (ISRO)
• ISRO is engaged in development of space technology and its application to various national tasks, launched Mangalyan
successfully in its very 1st attempt2. In FY18, ISRO filed and developed patents for 12 new products.
• The organisation has 19 centers across India to pursue R&D activities and ISRO currently has a constellation of 9
communication satellites, 1 meteorological satellite, 10 earth observation satellites and 1 scientific satellite
• Its research areas include communication satellites for television broadcast, telecommunications and meteorological
applications and remote sensing satellites for management of natural resources
• On February 15th, 2017, ISRO made history when its PSLV rocket placed 104 satellites into the space in a single
mission.
• As of February 2018, ISRO set up 473 Village Resource Centres (VRCs) on a pilot scale, to show the potential of satellite
technology for development of rural areas.
Indian Council of Medical Research (ICMR)
• ICMR is the apex body in India for the formulation, coordination and promotion of biomedical research and one of the
oldest medical research bodies in the world. ICMR has filed 10 patent applications in 2016.
• The council has a fleet of 21 institutes (mission oriented national institute), 6 regional medical research centres and 5
units engaged in medical research
• The council’s research priorities encompass the areas of communicable diseases, fertility control, maternal and child
health, nutritional disorders and non-communicable diseases such as cancer, cardio-vascular diseases, blindness and
diabetes
Centre for Development of Advanced Computing (C-DAC)
• C-DAC is a premier R&D organisation of the Department of Information Technology (DIT)
• It is engaged in research in the areas of supercomputers, applied electronics, technology, applications and health
informatics
• C-DAC filed 20 patent applications in FY16^
Note: R&D - Research and Development, 1 - This list is indicative, 2 - as on 24 September 2014,^ - Figures mentioned are as per latest data available
18. For updated information, please visit www.ibef.orgScience and Technology18
INSTITUTES AND UNIVERSITIES
Source: Organisational websites, IP India, Aranca Research
Organisation Business description
Indian Institutes of Technology (IITs)
• It is a group of autonomous engineering and technology oriented institutes of higher education
• Indian Institutes of Technology (IITs) is planning to monetise intellectual properties (IPs) by exploring tie-ups with firms
that invest in "inventions". In FY17, IITs filed 141 patent applications.
National Dairy Research Institute (NDRI)
• NDRI is engaged in research, teaching and extension activities in areas of dairy production, processing, management and
human resource development
• Its research activities focus on improving dairy productivity, innovating milk processing technologies and disseminating
information to the various stakeholders in dairy business to make dairying a self-sustaining business
• In FY17, R&D activities comprised 76 in-house and 63 externally funded research projects. In FY17 NDRI filed two
patents and three patents were granted.
Indian Institute of Science (IISc)
• IISc is one of the earliest instances of PPP for a research institute in India
• It is engaged in research in various departments of science such as biological, chemical, electrical, mathematical,
physical and mechanical sciences. A new center for Brain Research is expected to contribute to future growth
• The number of filed patents increased to 44 during 2016.
Notes: R&D - Research and Development, IP - Intellectual Property, ^ - Figures mentioned are as per latest data available
19. For updated information, please visit www.ibef.orgScience and Technology19
PRIVATE SECTOR COMPANIES
Source: Organisational websites
Organisation Business description
Hindustan Unilever Limited
• HUL is credited with innovations in product areas such as structured bar soap, fairness cream, zero alcohol soap, poly-
coated scouring bar for dishwashing, fortified salt, instant tea, critical components for a water purifying device, and value-
added (nature care) tea
• Worldwide, HUL has over 20,000 registered patents and patent applications
• HUL expenditure on scientific R&D is around US$ 4.6 million in FY17, where the total revenue expenditure is US$ 4.3
million and US$ 0.31 million expenditure made as a capital expenditure
Tata Steel Limited
• Tata Steel undertakes research in areas such as raw materials and coke, iron and ferro alloys, steel making, coated
products, materials characterisation and joining, materials modelling and product design and refractory technology
• The total value of the patent and trademark is around US$ 0.3 million, as on FY17.
• The cumulative patents filed till FY17 were 870 and 360 patents were granted as on FY17.
Cipla Limited
• Cipla’s R&D division focuses on new product development and new drug delivery systems across a range of therapies
• The company’s total R&D spending increased and reached US$ 159.96 million in FY17.
• In FY17, new filings in the formulations segment stood at 32 ANDAs for North America, 9 filings for South Africa, 700+
filings for emerging markets in addition to 900+ renewals.
• It is among the top companies domestically in R&D spending
Notes: R&D - Research and Development, Growth, 1 - This list is indicative, ANDA – Abbreviated New Drug Application
21. For updated information, please visit www.ibef.orgScience and Technology21
STRONG POLICY FRAMEWORK TO PROMOTE INDIA
AS A R&D HUB
Source: ICRA, Deloitte, PWC, Aranca Research
Strengthening capacity
for basic research
Strengthening
institutional capacity for
research
Strengthening human
capacity for research
Policy
support
Resulting in
Increasing investments and growth
in R&D sectors
Notes: R&D - Research and Development
22. For updated information, please visit www.ibef.orgScience and Technology22
STRONG POLICY SUPPORT CRUCIAL IN DEVELOPING
THE SECTOR
The benefit of section 10 (23 G) of the IT Act has been extended to financial institutions that provide long-term
capital to hospitals with 100 beds or more
Government is encouraging the PPP model to improve availability of healthcare services and provide
healthcare financing
Source: Union Budget 2014-15, Union Budget 2015-16, Union Budget 2016-17, Health Ministry, Aranca Research
The benefit of section 80-IB has been extended to new hospitals with 100 beds or more that are set up in rural
areas; such hospitals are entitled to 100 per cent deduction on profits for 5 years
Under Union Budget 2018-19, government proposed Rs 10,000 crore (US$ 1.54 billion) fund for NABARD.
Under Union Budget 2018-19, allocation to micro-irrigation stood at Rs 4,000 crore (US$ 617.86 million).
Import duty on medical equipment has been reduced to 7.5 per cent
As per Union Budget 2016-17, services provided by National Centre for Cold Chain Development (NCCD)
would be exempted from service tax
Tax incentives
India released a new national Intellectual Property Rights Policy, which seeks to enhance Prime Minister
Narendra Modi’s - Make in India scheme, by boosting innovation.
The Ministry of Commerce and Industry is formulating a plan for effective implementation of Intellectual Property
Rights (IPRs) laws to grant pending patent applications at the earliest.
Note: Conversion rate US$ = Rs. 64.45
In the Budget 2018-19, Digital India Scheme was allocated Rs 3,073 crore (US$ 574.55 million)Budget 2018-19
The benefit of section 10 (23 G) of the IT Act has been extended to financial institutions that provide long-term
capital to hospitals with 100 beds or more
Government is encouraging the PPP model to improve availability of healthcare services and provide
healthcare financing
Encouraging the private
sector
The benefit of section 80-IB has been extended to new hospitals with 100 beds or more that are set up in rural
areas; such hospitals are entitled to 100 per cent deduction on profits for 5 years
Under Union Budget 2018-19, government proposed Rs 10,000 crore (US$ 1.54 billion) fund for NABARD.
Under Union Budget 2018-19, allocation to micro-irrigation stood at Rs 4,000 crore (US$ 617.86 million).
Policy Landscape
Encouraging investments
in rural areas
23. For updated information, please visit www.ibef.orgScience and Technology23
A state-of-the-art multi-gigabit (multiples of 10 Gbps) pan-India network is planned to link some 5,000 nodes
in India. It will be the sole vehicle for international connectivity in future
2010–2020 has been declared the Decade of Innovation to stimulate innovations and produce solutions for
societal needs such as healthcare, energy, infrastructure, water and transportation
Innovation universities would be set up as public private partnerships to develop new hubs of education,
research and innovation
The Educational market in India has the potential of reaching US$ 180 billion by FY20 with the increasing
demand for quality education.
KEY GOVERNMENT INITIATIVES…(1/3)
Source: Department of Science and Technology, Government of India, and Other Government websites
National Knowledge
Network
In February 2018, the Union Cabinet has approved implementation of 'Prime Minister Research Fellows
(PMRF)' scheme, which will promote the mission of development through innovation, at a total cost of Rs
1,650 crore (US$ 245.94 million) for a period of seven years beginning 2018-19.
Prime Minister Research
Fellows (PMRF)
In January 2018, the High Performance Computer (HPC) System called ‘Mihir’ was inaugurated at the
National Centre for Medium Range Weather Forecasting (NCMRWF) at Noida, which is expected to improve
India's capacity at weather forecasting.
High Performance
Computer (HPC) System
called ‘Mihir’
In February 2018, Federation of Indian Chambers of Commerce and Industry (FICCI) and the Department of
Science and Technology along with the support of Government of India launched India Research Training
Fellowship (AIPTF) with the motive to support and facilitate mobility of young talented researchers from
Association of Southeast Asian Nations (ASEAN) countries to India.
ASEAN scheme
In February 2018, Union Government of India announced grant of Rs 1,000 crore (US$ 155.55 million) for
the second phase of Impacting Research Innovation and Technology (IMPRINT), a fund created by
Department of Science and Technology and Ministry of Human Resource and Development.
IMPRINT
Improving Academia
National Innovation
Council
24. For updated information, please visit www.ibef.orgScience and Technology24
Key focal points include:
Aims at promoting scientific thinking.
Communicating science and technology to masses using digital media, folk media and digital media.
Focus on training in science and technology communication, incentive programmes, production and
dissemination of S and T software, development and research in S&T.
Important initiatives under NCSTC include Mathematics Awareness Resources and Initiatives (MARI),
campaigns over Year of Scientific Awareness, the National Science Day, the National Children’s Science
Congress, Science Express, etc.
An innovative R&D perspective to promote big data science, technology and applications within the country.
Aims at developing core generic technologies, tools and algorithms for wide applications in industries,
government and academia.
Extraction of useful knowledge hidden in in-size data repositories.
Understanding the current status of industry in terms of policy framework, distinct players providing services
across sectors, market size, SWOT of industry, etc.
KEY GOVERNMENT INITIATIVES…(2/3)
National Council for
Science and Technology
Communication
(NCSTC)
Source: News articles, Government websites, swissnex India
Launched as a major “umbrella capacity-building programme”
Aimed at development of infrastructure for nano science and technology research
Process of laying down a Roadmap for Regulatory Framework for Nanotechnology in India has been
initiated
The number of projects funded under the mission has increased from 38 in FY15 to 56 in FY16 to 67 in
FY17.
Nano Mission
Big Data Initiative
(2016)
25. For updated information, please visit www.ibef.orgScience and Technology25
KEY GOVERNMENT INITIATIVES…(3/3)
Source: News articles
In February 2018, Union Ministry of Science and Technology developed a interface to enable transfer of
technologies from Council of Scientific and Industrial Research (CSIR) laboratories to small-scale
industries.
Small Industry initiative
In May 22, 2018 Government of India signed agreement between India and Denmark on cooperation in the
field of Science, Technology and Innovation which was apprised in June 27,2018
In June 9, 2018 Central Electro Chemical Research Institute (CECRI) and RAASI Solar Power Pvt Ltd
signed an Memorandum of Agreement (MoA) to transfer technology for India’s first Lithium Ion (Li-ion)
Battery project.
Agreements
26. For updated information, please visit www.ibef.orgScience and Technology26
POLICY SUPPORT AIDING GROWTH IN THE SECTOR
Exchange of scientific knowledge between research centers, national laboratories, institutes of higher learning and
the industry
The Indian Government plans to involve the private sector in R&D mainly for sectors like vaccines, drugs and
pharmaceuticals, super computing, solar energy and electronic hardware. The govt. has announced to create a US$
16 million fund for setting up R&D units with the help of industries
The government has created a US$ 1.1 billion public-private partnership fund to support R&D in India
PPP in R&D
Source: Battelle, Electronics for You, Union Budget 2015-16, Organisational websites
Government has announced to set up five new All India Institute of Medical Sciences in Jammu and Kashmir,
Punjab, Tamil Nadu, Himachal Pradesh, Assam and set up of IIT in Karnataka and Dhanbad
Foreign universities permitted to enter the higher education system in India by establishing their own campuses or
joint ventures with existing universities
Atal Innovation Mission with US$ 24.84 million will boost the academicians, Entrepreneurs and researchers to work
towards innovation
The Government of India and Government of Canada signed a MoU to encourage cross-border partnerships in the
areas of research and industry academic collaboration.
Funded institutions
and foreign
universities
The allocation to the Department of Science and Technology (DST) has been increased by 8.21 per cent to Rs
5,114.78 crore (US$ 790.05 million) as against the previous budget.
The budget for the Ministry of Science and Technology, has been increased by 6.11 per cent to Rs 12,322.28 crore
(US$ 1.9 billion) as against the previous budget.
The Department of Atomic Energy has been allocated Rs 13,971.41 crore (US$ 2.16 billion), an increase of 5.76 per
cent against the previous budget.
The Ministry of Earth Sciences was allocated Rs 1,800 crore (US$ 278.04 million), which is an increase of 12.66 per
cent as against the previous budget.
Note: PPP - Public Private Partnership
Union Budget
2018-19
27. For updated information, please visit www.ibef.orgScience and Technology27
STRENGTHENING HUMAN CAPACITIES FOR
GROWTH
192,819
200,000
188,000
190,000
192,000
194,000
196,000
198,000
200,000
202,000
2009 2015
INSPIRE fellowship growth profile
780 870
1,190
1,000
679 617
1,000
0
200
400
600
800
1,000
1,200
1,400
FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018*
Source: NSTMIS, Department of Science and Technology
Notes: Pursuit for Inspired Research (INSPIRE), 1Upto November 2016, ^ - Figures mentioned are as per latest data available, * - till December 2017
In recent years, the Indian Government has implemented several
fellowship schemes to nurture human capacity for advanced research
in the country.
The period between 2010-20E has been declared as the “Decade of
Innovation” by the nation and the need for the establishment of
National Innovation Council has been emphasised. To fuel the growth
innovation in science and technology STI (Science, Technology and
Innovation) Policy 2013 was formed.
In 2008, Government launched Innovation in Science Pursuit for
Inspired Research (INSPIRE) scheme, through which the Government
awarded 2,150 research fellowships for doctoral research and 270
faculty awards for post doctoral researchers
In December 2016, India and Israel announced plans to support R&D
programmes in science and technology sector, with an investment of
US$ 1 million, by both nations.
The number of Indian scientists coming back to India to undertake
research opportunities has risen from 243 between 2007-12 to 649
between 2012-17.
In August 2017, Government announced a monthly Fellowship of Rs.
70,000 (US$ 1,086.11) to be given to 2,000 IIT, IISc PHD
researchers.
Number of researchers in India
1
28. For updated information, please visit www.ibef.orgScience and Technology28
LOCAL DEMAND ATTRACTING INVESTMENTS FROM
MNCs … (1/2)
India presents a unique opportunity for companies manufacturing
technologically advanced products, registering per capita income of
Rs 112,835 (US$ 1,681.81) in FY18.
An expanding middle class and rise in purchasing power of rural
residents have boosted demand for innovation and development of
cheap and durable products that could meet the local requirements.
Rising per capita income in India to bring boom in R&D investments in
the country with more and more of foreign players shifting R&D bases
to India.
Qualcomm, plans to invest US$8.5 million on design initiatives in
India, which would include funding its innovation labs at Hyderabad
and Bangalore, for R&D.
In May 2017, Apple Inc is looking to expand its contract
manufacturer’s facility and set up new plants in Bengaluru, India, as
the iPhone wants to get a larger share of the market.
Per Capita Income (in US$ )
Source: IMF, World Bank, India Budget, Government of India Press Information Bureau Government of India, Ministry of Statistics and Programme Implementation
945.90
1,058.00
1,179.30
1,288.60
1,447.46
1,548.22
1,681.81
-2%
0%
2%
4%
6%
8%
10%
12%
14%
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
FY12
FY13
FY14
FY15
FY16
FY17
FY18
Note: E- Estimates, F - Forecast
29. For updated information, please visit www.ibef.orgScience and Technology29
LOCAL DEMAND ATTRACTING INVESTMENTS FROM
MNCs … (2/2)
Total number of MNC R&D centres in India
191
297
517
699
780
871
1,031
1,208
0
200
400
600
800
1,000
1,200
1,400
Before'00
2001-02
2003-04
2005-06
2007-08
2009-11
2011-13
2013-17*
Source: FICCI, Department of Science and Technology, Zinnov, Aranca Research
Notes: Figures mentioned are as per latest data available; *As of Feb 2017
Lower development cost, rising technology intensity and growing local
demand for top of the line unique technology products have attracted
R&D investments from foreign companies in India, making it one of the
largest outsourcing provider in R&D segment
About 28 per cent companies with headquarters in Japan, the EU and
APAC have R&D centres in India
31. For updated information, please visit www.ibef.orgScience and Technology31
Establishment of Software Technology Parks of India (STPI’S)
National Policy of IT aims at bringing the power of ICT within the reach of all its citizens to enable India to
emerge as a global hub for IT by 2020
Cloud computing presents endless opportunities in wireless technologies
3rd largest pharmaceuticals market by 2020
US$ 55 billion in revenues by 2020 and US$ 26.1 billion in genetics in 2016
A new Health Policy 2015-2025 to focus on healthcare for all holistically
Automation and environmental sustainability are the key focus areas for manufacturing companies
The National Manufacturing Policy targets at creating 100 million additional jobs in the sector by 2025
Planned expenditure in R&D in manufacturing sector increased by 63 per cent in 2016-17 as compared with
that in 2015-2016
Multi-disciplinary research to combine emerging concepts in nanotechnology with fundamental metallurgical
chemistry is the way forward
Bio-energy is emerging as a promising alternative to meet rural energy needs in India
Targets set by Bioenergy Programme: By 2020, 20 per cent blending of fossil fuels will be done, cost
effective production system for algal biofuel, next generation biofuels produced from agricultural waste
The water demand of industry will account for 8.5 per cent and 10.1 per cent of the total fresh water
abstraction in 2025 and 2050 respectively
R&D efforts should concentrate on developing technologies for treatment, recycling, recovery, reuse and
efficient use of water
R&D OPPORTUNITIES IN VARIOUS SUB SECTORS IN
INDIA
Source: Make In India, FICCI
Material energy
Bio-energy
Water technologies
Manufacturing
technologies
Pharmaceuticals and
Health Care
ICT and wireless
technology
32. For updated information, please visit www.ibef.orgScience and Technology32
RISING R&D ACTIVITIES IN THE INDIAN
PHARMACEUTICAL SECTOR
28
55
0
10
20
30
40
50
60
2016 2020F
R&D spending by top six pharma giant FY18
(US$ million)
287
349
283
168 45
103 134
0.00
50.00
100.00
150.00
200.00
250.00
300.00
350.00
400.00
Lupin
SunPharma
DrReddy
Cipla
Wockhardt
Aurobindo
Cadila*
Source: Make in India, FICCI, Ministry of Chemicals and Fertilizers- Department of Pharmaceuticals, Aranca Research
Notes: : F denotes Forecasted, * - R&D spending of FY17
Indian pharmaceutical market is expected to expand at a CAGR of
18.89 per cent during 2016-2020. Driven by rising income levels,
increase in chronic diseases, better medical infrastructure, wider
health insurance reach and supportive healthcare policies.
Allocation of US$ 364.96 million to set up four more institutions of the
stature of AIIMS in J&K, Punjab, Tamil Nadu, Himachal Pradesh and
Assam. Another AIIMS to be set up in Bihar
Overall R&D expense by Indian companies has been around 5 per
cent of sales and is expected to increase in coming years
R&D spending by top 5 pharma companies for FY 2017 was Rs.
896.90 crore (US$ 133.68 million)
Indian pharmaceutical market (US$ billion)
33. For updated information, please visit www.ibef.orgScience and Technology33
The aim is to accelerate innovative Indian technologies into the global market
This programme is a joint initiative of FICCI, Dept. of Science and Technology, Govt. of India and others
The Government’s focus is on using the world class commercialisation strategies and business
development assistance to expand in the global market
Special incentive mechanisms are being developed to stimulate research in universities and develop young
leaders in science and engineering
The policy framework is being devised to enable school science education reforms, by improving teaching
methods and science curricula
Government is promoting investments in basic research to improve research quality to meet global
standards and to address national challenges
Leveraging international S&T co-operation, the government has planned co-investment of resources for
joint initiatives with Australia, Canada, Germany, etc.
The government has its focus on investing in R&D of technologies that address the needs of rural India
In April 2017, a joint declaration was signed between National Science and Technology Entrepreneurship
Development Board and the Ministry of Economic Development of the Russian Federation to build an
innovation ecosystem to promote technology entrepreneurship
As of August 2017, the Government has sanctioned US$ 1.39 billion for ISRO to build and launch 31
rockets in the next three to four years
Through Science, Technology and Innovation Policy, the Government is promoting the establishment of
large R&D facilities in PPP mode with provisions for benefits sharing
Promoting multi-stakeholder participation in the Indian R&D system
As per recent RBI (Reserve Bank of India) norms, start-ups can now access foreign currency loans of up to
US$3 million in a year, under the External Commercial Borrowing (ECB) route
THE WAY FORWARD … (1/2)
India Innovation Growth
Programme
Source: Science, Technology and Innovation Policy 2013; Department of Science and Technology
Human capital
development
Investment to promote
Research
Attracting investment from
private sector
34. For updated information, please visit www.ibef.orgScience and Technology34
The Indian Institute of Science Education and Research (IISER), which served as a part of a global team of
scientists, proposed to set up a LIGO (Laser Interferometer Gravitational Wave Observatory) detector in
India. LIGO will help in detection and observation of gravitational waves.
GridRaster Inc, working in the virtual and augmented reality space, has raised US$ 2 million as seed
funding, which will be used for marketing and product development.
Through Science, Technology and Innovation policy, the Government promotes mechanisms for nurturing
technology business incubators and science led entrepreneurship
Also promoting incentives for commercialisation of innovations with focus on green manufacturing
In April 2017, the President of India presented the National Geo-science Awards 2016. Since the past 5
decades, these awards have emerged as the most coveted recognition in the field of geo-sciences and
they have encouraged scientists to achieve higher levels of excellence
As of May 2017, more than thousand scientists have returned to the country on various scholarships and
fellowships, to promote research and development activities in various fields. Fellowships like VAJRA
(Visiting Advanced Joint Research), launched in January 2017, have been successful in attracting overseas
scientists and academicians, especially NRIs.
As of July 2017, a five year technology fund with US$ 4 million yearly investment, called Israel India
Innovation Initiative Fund (I4F), has been launched by India and Israel to boost bilateral ties.
THE WAY FORWARD (CONTD.) … (2/2)
Source: Science, Technology and Innovation Policy 2013, News Aricles
Promoting innovation
Two separate spacecrafts, Indian Space Research Organisation's (ISRO) Chandrayaan-2 and India's first
private moonshot Team Indus, are to be launched to the moon between November 2017 and March 2018.
Through Science, Technology and Innovation policy, the Government promotes mechanisms for nurturing
technology business incubators and science led entrepreneurship. Also promoting incentives for
commercialisation of innovations with focus on green manufacturing
In April 2017, the President of India presented the National Geo-science Awards 2016. These awards have
emerged as the most coveted recognition in the field of geo-sciences and they have encouraged scientists to
achieve higher levels of excellence, since the past 5 year.
As of May 2017, more than thousand scientists have returned to the country on various scholarships and
fellowships, to promote research and development activities in various fields supported by fellowships like
VAJRA (Visiting Advanced Joint Research), launched in January 2017.
As of July 2017, a five year technology fund with US$ 4 million yearly investment, called Israel India
Innovation Initiative Fund (I4F), has been launched by India and Israel to boost bilateral ties.
The Government of India is extensively promoting research parks technology business incubators (TBIs) and
(RPs) which would promote the innovative ideas till they become commercial ventures.
The Government of India, Tata Trusts and Lockheed Martin has earmarked investments worth US$ 2 million
for providing support to startups under the India Innovation Growth Program (IIGP).
India is world’s third largest technology startup hub with incorporation of 1,000 new companies in 2017.
Attracting investment
from private sector
Promoting innovation
Recent Developments
36. For updated information, please visit www.ibef.orgScience and Technology36
INDUSTRY ORGANISATIONS
Visakhapatnam port traffic (million tonnes)National Academy of Sciences Indian Science Congress Association
Address: 14, Dr Biresh Guha Street
Kolkata – 700017, India
Tel: 91- 33- 22474530
Fax: 91- 33- 2402551
Email: iscacal@vsnl.net
Address: 5, Lajpatrai Road,New Katra
Allahabad - 211 002, India
Tel: 91- 532- 2640224
Fax: 91- 532- 2641183
Visakhapatnam port traffic (million tonnes)Indian National Science Academy Indian National Academy of Engineering
Address: 117 Nalanda House, IIT Campus,
Hauz Khas, New Delhi 110 016, India
Tel: 91- 11- 26582475
Fax: 91- 11- 26856635
Email: inae@nda.vsnl.net.in
Address: Bahadur Shah Zafar Marg,
New Delhi – 110002, India
Tel: 91- 11- 23221931
Fax: 91- 11- 23235648
Email: esoffice@insa.nic.in
Visakhapatnam port traffic (million tonnes)Indian Academy of Sciences Department of Science and Technology
Address: Technology Bhavan, New Mehrauli Road
New Delhi – 110016, India
Tel: 91- 11- 26567373
Fax: 91- 11- 26864570
Email: dstinfo@nic.in
Address: C. V. Raman Avenue, Post Box No 8005
Sadashivanagar, Bangalore 560 080
Tel: 91- 80- 23612546
Fax: 91- 80- 23616094
38. For updated information, please visit www.ibef.orgScience and Technology38
GLOSSARY
CAGR: Compound Annual Growth Rate
FDI: Foreign Direct Investment
FY: Indian Financial Year (April to March)
• So FY12 implies April 2011 to March 2012
GOI: Government of India
MNC: Multinational Company
GERD: Gross Expenditure on Research and Development
STI: Science Technology and Innovation
Y-o-Y: Year on Year
INR: Indian Rupee
US$ : US Dollar
LCV: Light Commercial Vehicle
PPP: Public Private Partnership
Wherever applicable, numbers have been rounded off to the nearest whole number
39. For updated information, please visit www.ibef.orgScience and Technology39
EXCHANGE RATES
Exchange Rates (Fiscal Year) Exchange Rates (Calendar Year)
Year INR INR Equivalent of one US$
2004–05 44.95
2005–06 44.28
2006–07 45.29
2007–08 40.24
2008–09 45.91
2009–10 47.42
2010–11 45.58
2011–12 47.95
2012–13 54.45
2013–14 60.50
2014-15 61.15
2015-16 65.46
2016-17 67.09
2017-18 64.45
Q1 2018-19 67.04
Year INR Equivalent of one US$
2005 44.11
2006 45.33
2007 41.29
2008 43.42
2009 48.35
2010 45.74
2011 46.67
2012 53.49
2013 58.63
2014 61.03
2015 64.15
2016 67.21
2017 65.12
Source: Reserve Bank of India, Average for the year
40. For updated information, please visit www.ibef.orgScience and Technology40
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