
Research, Development and Innovation (RDI) Scheme: Strengthening India’s Innovation Ecosystem
Innovation has become a major driver of economic growth and global competitiveness. Countries investing heavily in research and development (R&D), such as the United States, China, South Korea, and Germany, have established leadership in advanced technologies. However, India's Gross Expenditure on Research and Development (GERD) remains significantly below the global average, with limited private-sector participation.






