India’s transformation from a know-how consumer to a know-how chief took the highlight on the Rising Science, Know-how and Innovation Conclave (ESTIC) 2025. Prime Minister Narendra Modi mentioned the nation is now shaping international innovation somewhat than following it.
PM Modi credited India’s robust digital infrastructure, indigenous analysis, and innovation-driven insurance policies for this progress. He pointed to achievements such because the world’s quickest vaccine growth and the most important COVID-19 vaccination drive. These have been made attainable by a sturdy digital public infrastructure.
He famous that India’s R&D expenditure has doubled over the previous decade. Patent registrations have surged 17-fold. The nation has grow to be the world’s third-largest start-up ecosystem. Over 6,000 deeptech start-ups are already advancing work in clear power, semiconductors, and superior supplies.
Emphasising the necessity for international collaboration, Modi mentioned ESTIC 2025 was designed to convey collectively consultants and Nobel Laureates. Their objective is to drive innovation within the twenty first century. He additionally lauded Indian scientists for the profitable launch of GSAT-7R, India’s heaviest communication satellite tv for pc developed for the Navy.
A key spotlight of his deal with was the Rs 1 lakh crore Analysis, Growth and Innovation (RDI) Scheme. It’s aimed toward bridging funding gaps in private-sector R&D. Managed by means of the Anusandhan Nationwide Analysis Basis (ANRF), the scheme will help dawn sectors like AI, quantum computing, biotechnology, and clear power. This help will probably be supplied by means of long-term, low or zero-interest loans.
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