Archive · 7 Nov 2025
India Launches ₹1 Lakh Crore RDI Fund to Boost Innovation
Imagine India wants to invent cool new things, like better phones or faster trains.
To do this, the Prime Minister announced a big fund with a lot of money.
This money will help scientists and companies work together to create new ideas and products.
For a long time, India didn't spend much money on inventing things, but now they want to change that.
They believe that by working with private companies, India can become a leader in creating new technologies.
This fund is like planting seeds for future inventions that will help India grow and compete with other countries.
India has launched a ₹1 lakh crore Research, Development and Innovation (RDI) Fund.
The fund aims to boost India's innovation ecosystem and industrial growth.
A key focus is the crucial involvement of the private sector in research and development.
India's R&D investment has historically been less than 1% of GDP.
This initiative seeks to address underinvestment and foster technological advancement.
- Who
- Prime Minister Narendra Modi and the Indian government
- What
- Announced a ₹1 lakh crore Research, Development and Innovation (RDI) Fund with a focus on private sector involvement.
- When
- November 7, 2025
- Where
- India
- Why
- To nurture India's innovation ecosystem, boost industrial growth, and keep pace with global technological advancements.
- Fund Name
- Research, Development and Innovation (RDI) Fund
- Fund Amount
- ₹1 lakh crore
- Announced By
- Prime Minister Narendra Modi
- Key Focus
- Involving the private sector in R&D
- India's R&D Investment
- Less than 1% of GDP
- Private Sector R&D Share
- Around 36%