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The Government of India has set ambitious goals for scientific innovation, promoting technology development through strategic initiatives and increased funding. This includes focus areas such as quantum technologies, AI, and biotechnology, supported by a substantial Research, Development, and Innovation Fund. Source: Original Link
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The Ministry of Science & Technology reported that India's Gross Expenditure on Research and Development (GERD) is between 0.6% and 0.7% of GDP, with India currently ranked 38th on the Global Innovation Index, a notable rise from ranking 81st in 2015. The government has implemented a
R&D investment
The Ministry of Science and Technology reported that India's Gross Expenditure on Research and Development (GERD) as a percentage of GDP has remained between 0.6% to 0.7%, which is below the global average. Despite a significant increase in GERD from Rs. 60,196.75 crore in