Funding university research “key in building innovation” in India
The PIE News
FEBRUARY 13, 2025
The calls for more allocation has now led to Indias finance ministry allocating INR 20,000 crore (1.8bn) to the Department of Science and Technology to initiate a private sector-driven R&D development fund. Eighty-five percent of medical equipment used in India is imported. Indias Index of Industrial Production grew by 3.2%
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