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Last Updated: February 08, 2018
Senator Kim Carr
Minister for Innovation, Australia
Latest update: February, 2018
Note: R&D - Research and Development
Source: Nature Magazine, Battelle
Notes: R&D - Research and Development, IPR - Intellectual Property Rights, IP - Intellectual Property
Last Updated: February, 2018
India has a strong network of science and technology institutions and trained manpower. It has the third-largest scientific and technical manpower in the world with 162 universities awarding over 4,000 doctorates degrees and 35,000 post graduate degrees annually. India’s gross expenditure on R&D (GERD) increased from Rs 24,117 crore (US$ 5.38 billion) in 2004-05 to Rs 104,864 crore (US$ 15.63 billion) in 2016-17.
India is among the top-ranking countries in the field of basic research and ranks 12th in terms of the number of patents filed with 24,898 patents filed in FY17. In 2017, patent applications by Indian start-ups increased 15 times to 909 from 61 in 2016. India was ranked 13 in 2017 by Nature Index, which publishes tables based on counts of high-quality research outputs based on natural sciences in 2016. The number of Indian scientists coming back to India to undertake research opportunities has risen from 243 between 2007-12 to 649 between 2012-17.
India has been strengthening its position in research through investment. India‘s R&D globalisation and services market is expected to reach US$ 38 billion by 2020. More than one-third of the top 1,000 global R&D spenders have centres in India. The Government of India is extensively promoting research parks technology business incubators (TBIs) and (RPs) which would promote the innovative ideas till they become commercial ventures.
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