Archive · 4 Nov 2025
PM Modi Launches Rs 1 Lakh Crore RDI Fund at ESTIC 2025, Cites Global Shifts
Prime Minister Narendra Modi has started a big event for science and technology in New Delhi called ESTIC.
He also announced a huge fund of 1 lakh crore rupees to help private companies do more research and invent new things.
He said that the world is changing very quickly.
This event brings together important people like leaders, inventors, and thinkers to help India become a stronger country by 2047.
The goal is to encourage more private companies to invest in new ideas and discoveries.
This will help India create more opportunities and grow.
Prime Minister Narendra Modi launched the Rs 1 Lakh Crore Research, Development and Innovation (RDI) Fund on November 3, 2025.
The RDI Fund aims to promote private sector investments in research and development.
The launch took place at the first Emerging Science, Technology and Innovation Conclave (ESTIC) in New Delhi.
PM Modi stated that India is witnessing a new shift in the global order with an exponential pace of change.
The ESTIC event brings together policymakers, innovators, and global visionaries to advance India's Viksit Bharat vision for 2047.
- Who
- Prime Minister Narendra Modi
- What
- Launched the Rs 1 Lakh Crore Research, Development and Innovation (RDI) Fund and inaugurated the Emerging Science Technology and Innovation Conclave (ESTIC)
- When
- November 3, 2025
- Where
- New Delhi
- Why
- To promote private sector investments in research and development and to drive India's Viksit Bharat vision for 2047.
- Event Name
- Emerging Science, Technology and Innovation Conclave (ESTIC)
- Inauguration Date
- November 3, 2025
- RDI Scheme Fund
- Rs 1 Lakh Crore
- RDI Fund Aim
- Promote private sector investments in research and development, foster innovation
- Viksit Bharat Vision
- 2047
Sources
PM Modi to inaugurate Emerging Science and Technology Innovation Conclave on Monday
PM Modi to launch Rs 1 lakh crore scheme to boost private sector-led R&D ecosystem
PM Modi to launch Rs 1 lakh cr RDI Scheme at ESTIC 2025
PM Modi to launch Rs 1 lakh crore scheme today to boost private sector-led R&D ecosystem
India backing high risk, high impact R&D projects: PM Modi
Modi Launches RDI Fund to Spur Private Investment in Research