EIB provides €250 million to support R&D and industrial investments by Nexans
EIB €250 million to support R&D and industrial investments by Nexans _PRESS RELEASE_ The operation is partly backed by an...
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Data Focus: India’s R&D investment lags despite innovation boom
Despite India’s strides in innovation, supported by its scientific manpower, robust IT and pharmaceutical sectors, and a thriving start-up ecosystem, the country continues to lag in research and development (R&D) investment. The gross expenditure on R&D (GERD) in India has increased from approximately ₹60,196 crore in FY11 to about ₹1,27,381 crore in FY21. However, this remains at just 0.64 per cent of GDP — far lower than many global counterparts.In most developed and emerging economies, business enterprises contribute over 50 per cent to GERD, with countries like China, Japan, South...