India’s R&D spending crosses 0.8% of GDP for first time since 2010
A level last seen in 2009-10, official data reveal a structural shift: private industry accounted for 45.5% of national R&D spending in 2021-22, rising further to 51.8% in 2023-24, the first time businesses have contributed more to India’s research effort than all levels of government combined
· 7/29/2026, 5:31:18 PM· 2 min read
A level last seen in 2009-10, official data reveal a structural shift: private industry accounted for 45.5% of national R&D spending in 2021-22, rising further to 51.8% in 2023-24, the first time businesses have contributed more to India’s research effort than all levels of government combined
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