7 months ago
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Prime Minister Narendra Modi connected Monday (November 3, 2025) said India was backing precocious hazard and precocious interaction probe and improvement projects, and fostering backstage investments successful this domain to look arsenic a subject and exertion powerhouse.
Inaugurating the archetypal ever Emerging Science, Technology and Innovation Conclave (ESTIC), the yearly flagship lawsuit involving policy-makers, innovators and planetary visionaries, helium said his authorities has introduced important reforms for a modern ecosystem of innovation to flourish successful the country.
At the Conclave, the Prime Minister besides launched the ₹1 lakh crore Research, Development and Innovation Fund to spur backstage assemblage concern successful probe and development.
“This important concern is aimed astatine benefiting the nationalist and unlocking caller avenues of opportunity,” helium said.
PM Modi said the government’s extremity was to foster a civilization of probe and improvement wrong the backstage assemblage arsenic well.
“For the archetypal time, superior is being allocated specifically for high-risk, high-impact projects, ensuring enactment for ground-breaking endeavours,” helium said, adding the authorities was focusing connected ‘Ease of Doing Research’ truthful that a modern ecosystem of innovation tin flourish successful India.
“To execute this vision, our authorities has introduced important reforms successful fiscal regulations and procurement policies. Additionally, we person streamlined incentives and proviso concatenation frameworks to accelerate the modulation of prototypes from the laboratory to the market,” helium said.
The Prime Minister said implicit the past decade, India’s R&D expenditure has doubled, demonstrating committedness to innovation.
“The fig of registered patents has grown an awesome 17-fold. In the commencement up landscape, India has emerged arsenic the third-largest ecosystem globally,” helium said.
PM Modi said the authorities has established the Anusandhan Research Foundation to elevate probe and innovation crossed universities, creating caller opportunities for maturation and advancement.
The Prime Minister said erstwhile innovation is inclusive, its leaders look arsenic the top beneficiaries and Indian women service arsenic a premier illustration of this.
“Their contributions are wide recognised, peculiarly successful discussions astir India’s advancements successful abstraction exploration. A decennary ago, the fig of patents filed by women successful India was little than 100 annually. Today, that fig has surged to implicit 5,000 each year,” helium said.
The Prime Minister said women marque up 43% of those pursuing STEM acquisition successful India – good supra the planetary average.
PM Modi said the instauration for large achievements is laid erstwhile subject meets scale, innovation becomes inclusive and exertion drives transformation.
“Over the past 10–11 years, India has exemplified this imaginativeness successful action. India is nary longer conscionable a user of technology. It has go a pioneer of translation done technology,” helium added.
