Business News | Indian Industry Must Scale R and D Investment to Transition from Tech Importers to Creators: Rajiv Gauba | LatestLY
New Delhi [India], May 12 (ANI): India's gross expenditure on research and development (R&D) remains stagnant at 0.7 per cent of the GDP, significantly trailing the global average of 2.3 per cent. With nearly 60 per cent of this funding currently provided by the government, Member of NITI Aayog Rajiv Gauba on Tuesday stressed that the Indian industry must significantly…
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