India Allocates Rs 1 Lakh Crore for Technology Research: Minister Highlights Revolutionary Shift in Innovation Landscape

Nov 03, 2025 10:57 pm CST

India's government has allocated Rs 1 lakh crore for technology research and development, with Union Minister Dr Jitendra Singh calling it "a step once unthinkable." The initiative aims to boost private sector participation in previously restricted sectors like space and nuclear energy, while India's innovation landscape shows promising democratization with 49% of new innovators emerging from tier-2 and tier-3 cities.