Archive · 4 Nov 2025
India Launches Rs 1 Lakh Crore Fund to Boost R&D
India's Prime Minister announced a big plan to help scientists and companies invent new things.
He launched a special fund with a lot of money, 1 lakh crore rupees, to encourage private companies to spend more on research.
This money will support projects that might be tricky but could lead to amazing discoveries.
The government also wants to make it easier for researchers to do their work by improving rules and support systems.
This is part of India's goal to become a leader in science and technology.
Currently, India spends less on research than many other countries, and the private sector's contribution is also smaller.
This new fund aims to change that and encourage more innovation.
Prime Minister Narendra Modi launched a Rs 1 lakh crore fund to boost private sector R&D investment.
The government will now support high-risk and high-impact research projects.
This initiative aims to position India as a science and technology powerhouse.
The fund was launched during the first-ever Emerging Science, Technology and Innovation Conclave (ESTIC).
India currently spends 0.6% of its GDP on R&D, with the private sector contributing 36%.
- Who
- Prime Minister Narendra Modi and the Indian government
- What
- Launched a Rs 1 lakh crore fund to spur private sector investment in research and development, and announced support for high-risk, high-impact projects.
- When
- Monday
- Where
- New Delhi
- Why
- To emerge as a science and technology powerhouse, foster a culture of research and development within the private sector, and accelerate the transition of prototypes from lab to market.
- Fund Size
- Rs 1 lakh crore
- Initiative Type
- Research, Development and Innovation Fund
- Focus Areas
- High-risk, high-impact projects, private sector investment
- Event Inaugurated
- Emerging Science, Technology and Innovation Conclave (ESTIC)
- Current R&D Spending (GDP)
- 0.6%
- Private Sector R&D Contribution
- 36%