Data Drive: R&D taking a backseat


While research and development remains crucial for manufacturing, India’s manufacturing sector is dominated by low-medium R&D industries.

India’s R&D intensity — measured as expenditure on R&D as% of GDP — is less than 1% as compared to advanced nations’ 3%.

As a result, the share of business in R&D expenses is low in India; around 63% of R&D originates from the government sector.

India also has one of the lowest R&D personnel per thousand labor force.

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