Science & Technology Industry Analysis

India ranks 3rd in the world in terms of number of PhDs in science and engineering.

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.

Last updated: Oct, 2022

Major Indian States for Science and Technology

  • Maharashtra
  • Gujarat
  • NCR
  • Karnataka
  • Tamil Nadu
  • Telangana
  • Andhra Pradesh
  • Madhya Pradesh

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