Research and Development
India is presently ranked 76th among a total of 143 economies, as per the Global Innovation Index (GII).

Indian Innovation and Patent Industry Analysis

Latest update: January, 2016

Passenger vehicle exports from India

 

Last Updated: January, 2016

In 2014, India’s research and development (R&D) expenditure was estimated at US$ 44 million. India’s R&D investment growth is likely to outpace overall Gross Domestic Product (GDP) growth. Government’s R&D spending is expected to increase from the current 0.9 per cent of GDP to 2 per cent by 2017.

India is fast emerging as a global R&D hub. Around 30 per cent of the top 1,000 global R&D spending organisations have centres in India. The number of multinational companies’ R&D centres in India has grown at a compound annual growth rate (CAGR) of 14.4 per cent to 1,031 over 2000-2013, with an overall employment base of 244,000.

The Government of India plans to involve the private sector in R&D mainly for sectors like vaccines, drugs and pharmaceuticals, supercomputing, solar energy and electronic hardware. The government has announced to create a US$ 16 million fund for setting up R&D units with the help of industries.

India is increasingly seen as a product development destination. Companies are now offshoring complete product responsibility, including complex services such as product management. Contract research is a fast-growing segment in the Indian healthcare industry.

Sectoral Presentation (January, 2016)

Download PDF   Download  (Size: 1.01 MB )

Posters

Brand India Pharma

ACCELERATED RD

India's R&D sector has been growing at an astonishing pace of 20 per cent per annum for the last several years.

+ More >

Brand India Pharma

IBEF Publications

IBEF Publication

India Now Magazine


India Now Business and Economy

English

+ More Publications >

IBEF Publication

Blog – Perspectives on India More

Powered by the Who's Who of India

author_shobhit-jain1.jpg India: Unlocking our skies
Dr. Shobhit Jain, IRS, Deputy CEO IBEF

In a major boost to regional air connectivity, the Government of India has recently announced that it plans to set up 50 new airports in the country over the next three y...

author_ravi-capoor1.jpg GST: Great Step of Transformation
Ravi Capoor, IAS, Chief Executive Officer, IBEF

The much-awaited Constitution Amendment Bill for Goods and Services Tax (GST) was passed in the Parliament recently and is expected to be implemented by April 2017 replac...

author_Narayan_51.jpg Making SMEs bankable and banking on SMEs
Mr. R. Narayan, Founder & CEO, Power2SME

India is considered a "bright spot" in the gloomy, global economic scenario today. The country with a GDP growth of 7.6% (in 2015-16) has topped the World Bank'...

author_ravi-capoor1.jpg Brand India Engineering at INNOPROM 2016
Ravi Capoor, IAS, Chief Executive Officer, IBEF

India successfully showcased its strengths in the field of engineering at the flagship Russian international trade fair, INNOPROM 2016 held at Yekaterinburg, Russia from ...

author_Ritesh_Agarwal1.jpg How is OYO catering to the changing needs of Millennials
Ritesh Agarwal, ‎Founder & CEO, OYO Rooms

As we see one of the largest generation in the history move into the earning and then spending stage in their lives, it is imperative that marketers understand the behavi...

author_ravi-capoor1.jpg India: The most open economy for FDI
Ravi Capoor, IAS, Chief Executive Officer, IBEF

The Government of India has recently announced radical liberalisation of the Foreign Direct Investment (FDI) regime by easing norms for a host of important sectors includ...

ideas More

Ideas

A Big Step Forward
Krispian Lawrence co-founded Ducere Technologies with Anirudh Sharma in 2011. Lechal is the outcome of their concerted efforts to use haptics in the wearable technology space. Both Anirudh and I were always fascinated by wearable technology, and were tinkering with various ideas in this space. But the concept was nascent...

JOIN IBEF.org

Join IBEF.org now. Enjoy FREE subscriptions downloads, updates and more.

Error

Already a member?
Login / Retrieve Password

x IBEF : India Brand Equity Foundation