Explore Other Industries
Last Updated: August 07, 2014
Senator Kim Carr
Minister for Innovation, Australia
Updated: June, 2014
India is presently among the topmost countries in the field of research and has also positioned itself among the top five nations in the world in the field of space exploration. It has also become the fourth country to launch a rocket to Mars with ‘Mangalyaan’, the Mars orbiter spacecraft which is scheduled to enter the Mars orbit by September this year.
Developments in the field of science and technology have always been recognised as a vital factor in the socio-economic development of India. Over the years, the country has made significant advancements in various spheres of science and technology and can now boast of a strong network of science and technology institutions, technically proficient manpower and an innovative knowledge base.
The Government of India has lent its focus to scientific and technical education in the country. With 16 Indian Institutes of Technology (IITs), 30 National Institutes of Technology (NITs), 162 universities awarding about 4,000 doctorates and 35,000 post-graduate degrees, and about 40 research laboratories run by the Council of Scientific and Industrial Research (CSIR), India has made some significant achievements in the field of science and technology.
India ranks ninth globally in the number of scientific publications and 12th in the number of patents filed. The composite annual growth rate (CAGR) of Indian publications is around 12±1 per cent, with the country’s global share increasing from 1.8 per cent in 2001 to 3.5 per cent in 2011.
India ranks among the top 10 nations in the world in the number of scientific publications, 17th in citations received, and 34th in citations per paper (among nations publishing 50,000 or more papers) across the science and technology field. India's global ranking is in proportion to its number of full-time equivalent (FTE) of research and development (R&D) personnel.
There has been a recent rise in the number of investments from foreign countries as well as private funded domestic organisations. The following are some the major investments and developments in India in the science and technology sector:
The Government of India plans to increase the R&D budget to up to two per cent of the gross domestic product (GDP) during the 12th Five Year Plan (2012–17). Also, there are plans to promote R&D and bring about the scientific temper so as to make India the world leader in this area, as per Mr Jitendra Singh, Union Minister for Science and Technology, Government of India.
The following are some of the major initiatives taken by the Government of India in the science and technology sector:
India is making rapid advancements towards industrialisation, technological developments and overall economic stability. In this regard, the advances in the field of science and technology and basic scientific research play an important part. The Government of India, through the Science, Technology and Innovation (STI) Policy-2013, among other things, also aspires to position India among the top five scientific powers in the world.
Exchange rate used INR 1= 0.01685 as on June 4, 2014
References: Ministry of Finance, Press Information Bureau (PIB), Media Reports and Press Releases, Department of Industrial Policy & Promotion (DIPP) and Department of Science and Technology
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
Loading blogs ...
Happily Unmarried : For the Fun of It
"It's a revolt against convention. Happily Unmarried counters the propensity of marketers to create products in the conventional backdrop of happily married couples...
Copyright © 2010-2015 India Brand Equity Foundation
All material, information, data, images or content on this website is subject to copyright or other applicable intellectual property laws and no part of it can be reproduced in any form (including paper or electronic form) without prior written consent and approval from IBEF. Infringements are subject to prosecution under the applicable laws. For consent related queries and conditions,
please write to email@example.com
An initiative of the Ministry of Commerce & Industry, Government of India