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Niti: Urgent need to reimagine our R&D strategy
Financial Express Lucknow
|April 08, 2025
CHINA'S ANNUAL SPENDING on research and development (R&D), at roughly $496 billion, "dwarfs" India's sub-$100 billion spend in 2024, with India's approach remaining diffused and yielding fewer commercial outcomes, a new discussion paper by Niti Aayog said.
The paper from India's apex public policy think tank stressed on the "urgent need to reimagine" the country's R&D strategy, citing China's success, which it attributed to "disciplined execution", strategic focus, and robust linkages betwe
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