Speaking at the DISHA event in New Delhi, Union Minister Jitendra Singh said that India has more than doubled its spending on research and development (R&D) in the last decade, rising from ₹60,196 crore in 2013-14 to ₹1.27 lakh crore.read moreIndia has more than doubled its spending on research and development (R&D) in the last decade, rising from ₹60,196 crore in 2013-14 to ₹1.27 lakh crore, Union Minister Jitendra Singh said. Speaking at the DISHA event in New Delhi, he credited this growth to the government’s focus on innovation in key areas like artificial intelligence, biotechnology, and quantum computing.Singh emphasised that India’s future economy will be driven by home-grown advancements in deep-tech. He highlighted the country’s growing intellectual property-driven innovation ecosystem, supported by academia, industry, and startups. Government initiatives, he noted, are helping to transition innovations from research labs to industries, pushing India towards self-reliance.AdvertisementThe minister praised the DISHA Program for supporting students and researchers working on disruptive technologies. He also pointed out the government’s efforts to involve the private sector in fields like space and nuclear research, leading to faster advancements and greater global competitiveness.In healthcare, Singh discussed the role of AI-powered telemedicine in improving access to medical services in remote areas. While AI is transforming healthcare, he stressed the need to balance technology with human expertise.Looking ahead, Singh urged young innovators to lead India’s technological progress as the country moves towards its 2047 centenary of independence. “Our investments today will shape India’s place in the global economy in the coming decades,” he said.More from India
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India’s R&D spending has doubled since 2014, says Union minister