Advantage India
Robust
Demand
* As per the Economic Survey 2022, India’s GERD as a percentage of GDP stood at 0.66%.
* Expanding middle-class and increasing affordability are demand drivers for technologically advanced products.

Attractive
Opportunities
* India is the top exporter of IT products, has the third-largest pharma sector and a fast-growing contract research segment.
* India stands third globally in the number of peer-reviewed Science and Engineering Publications.

Policy
support
* In September 2021, India published the amended Patents Rules (2021) and reduced fees by 80% for educational institutions.

Rising
Private Activity
* Establishment of CoEs in various areas. NMITLI initiative on PPP basis.
* Increased investment by private players. Setting up R&D centres.

Major Indian States for Science and Technology
- Maharashtra
- Gujarat
- NCR
- Karnataka
- Tamil Nadu
- Telangana
- Andhra Pradesh
- Madhya Pradesh

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