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There’s tremendous opportunity for India to leapfrog to the next wave of technology

Subra Suresh
President, Carnegie Mellon University

Science and Technology Development in India

Latest update: March, 2017

Local Demand Attracting Investments from MNCs

  • More than one-third of the top 1,000 global R&D spenders have centres in India. Around 50 per cent of the global 500 companies present have more than 10 per cent of the global headcount in India
  • About 28 per cent companies with headquarters in Japan, the EU and APAC have a R&D centres in India
  • There is a potential to create 200,000 R&D jobs by Global 500 companies in the next five years.