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Economy - Reports

India's R&D spending nearly doubled in last decade

04-Mar-2025, 12:04

A latest government press release stated that India R&D spending (GERD) is double in last one decade during the government headed by Prime Minister Narendra Modi, from Rs 60,196 cr in 2013-14 to Rs 1,27,381 cr now and is shaping the future economy of India which will be defined by homegrown innovations in artificial intelligence, biotechnology, and quantum computing.