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The Hindu·3 min read·medium

India’s R&D spending crosses 0.8% of GDP for first time since 2010

J
Jacob Koshy
India’s R&D spending crosses 0.8% of GDP for first time since 2010
AI Summary

India's R&D spending reached 0.83% of GDP in 2021-22, marking the first time it has crossed the 0.8% threshold since 2010. Data shows a structural shift where private industry now contributes more to national research efforts than the government.

India’s spending on research and development (R&D) surged to 0.83% of GDP in 2021-22, the first time that the country crossed the 0.8% threshold — a level last seen in 2009-10, according to newly disclosed government data

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