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India has positioned itself as among the top five nations in the field of space exploration.

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Last Updated: June 18, 2018

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Growth of Science & Technology Industry - Infographic

Latest update: December, 2017

India's share of global R&D spending rose to 3.64 per cent in 2016 from 3.48 per cent in 2015. It is further expected to rise to 3.75 per cent in 2017.
To facilitate protection and commercialising of IPRs, these schemes will be providing access to high-quality Intellectual Property services and resources. Moreover, under these schemes, the central government bears the fees of the facilitators for patents, trademarks or designs that a startup may file. Startups only have to bear the cost of the statutory fees payable.
India was ranked 13 in CY 2017 by Nature Index, which publishes tables based on counts of high-quality research outputs based on natural sciences in the previous year.

Notes: CAGR - Compound Annual Growth Rate, PPP - Purchasing Power Parity, R&D – Research and Development, E – Estimate, F – Forecast
Source: R&D Magazine, International Monetary Fund, World Bank, CIA Fact Book, OECD, Department of Science and Technology

Cumulative Foreign Direct Investments in scientific instruments increased to US$ 260.46 million in December 2017 from US$ 10.81 million in FY08, leading to significant amount of technology transfer through industrial acquisitions.
For instance, Lupin’s total number of patent filings reached 2,837 in FY17 up from 600 in FY08. In FY17, the company filed 39 formulation patents, 128 API (Active Pharmaceutical Ingredient), 42 in the field of biotech and 103 NDDD patent applications.
As of January 2017, Indian inventors contributed 658 patents to IBM, to help global software giant top the list for US patent recipients in 2016. IBM filed a total of 8,088 US patents, followed by Samsung Electronics in the 2nd position, with 5,518 patents.

Notes: NDDD–Novel Drug Discovery and Development, FY18*-Up to December 2017
Source: Reserve Bank of India, Department Of Industrial Policy and Promotion(DIPP)

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