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Science and R&D Industry Report

Science and R&D Industry Report

India has a strong focus on science and technology, ranking third among the most attractive investment destinations for technology transactions globally. The country is among the top five in the world for space exploration and has seen an uptrend in investment in the sector. The government has introduced policies to promote public and private sector involvement in R&D, resulting in a consistent increase in India’s gross expenditure on R&D over the years. Additionally, fellowship schemes have been implemented to develop human capacity for advanced research in the country.