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India to launch ₹1 lakh crore RDI scheme fund for private-sector innovation
India unveils a ₹1 lakh crore RDI fund to boost private-sector innovation and deep-tech commercialisation.
The Indian government is set to launch a ₹1 lakh crore Research, Development and Innovation (RDI) Scheme Fund aimed at galvanising private-sector research and innovation efforts. The initiative will be inaugurated during the upcoming ‘Emerging Science & Technology Innovation Conclave 2025’, bringing together industry, academia and global researchers. It seeks to catalyse deep-tech startups, enhance commercialisation of R&D and strengthen India’s innovation ecosystem. Analysts say the fund could shift India from a consumption-led to innovation-led growth model, though execution and ecosystem linkages will be critical.