Indian industry must scale R and D investment to transition from tech importers to creators: Rajiv Gauba
Published on: May 12, 2026, 3:15 p.m. | Source: The Tribune
India's gross expenditure on research and development (R&D) remains stagnant at 0.7 per cent of the GDP, significantly trailing the global average of 2.3 per cent. With nearly 60 per cent of this funding currently provided by the government, Member of NITI Aayog Rajiv Gauba on Tuesday stressed that the Indian industry must significantly increase its R&D contributions and move away from a reliance on imported technology.
