Introduction to innovation landscape in India

While you sit and read this post, India is slowly and steadily attaining a source of innovation and analysis destination in the world. Primary organizations from around the world have put in place their exploration and progress centres in India stands testimony to our investigation talent. The expansion and output from these exploration and innovation centres are actually monumental and we could sustain the development by driving the excellence in our establishments by way of collaborations amongst industry-academia, helpful authorities insurance policies toward innovation encouraging the innovators to pursue their Strategies to fruition.


When compared with the created nations around the world like US, Japan and BRICKS India ranks fourth on the quantity of investigate output and second over the compound annual expansion price parameter that has a CAGR of 6%. Rise in investments from The federal government and the Sector will bolster The expansion of these numbers Sooner or later.
Amount of analysis output in India is unfold throughout 22 Essential Science Indicator(ESI) types and the general research concentrate is in keeping with the global analysis target which puts India in fantastic stead Later on so far as innovation is anxious.
Staying aligned with the global investigate focus helps to be related to the global study community and to collaborate on the common parts of research focus. Nevertheless, it is also critical which the investigate and innovation Local community addresses the national worries and regions of interest though defining and prioritizing their investigation concentrate.
India ranks seventh in the amount of patent applications filed in the world and has registered a powerful seventeen% CAGR in the amount of patents submitted in the last five years. But the amount of patents granted has noticed a CAGR of only three% that's worrisome element.
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